National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
The relationships among ESG, FDI and economic growth in CEE countries
Chen, Jingjing ; Janda, Karel (advisor) ; Li, Yating (referee) ; Čech, František (referee)
This research aims to investigate the causal relationships between ESG and economic growth and the link between ESG and foreign direct investment (FDI) in Central and Eastern European (CEE) countries, and compare the results between different income levels and with Organization for Economic Co-operation and Development (OECD) countries. The study uses panel analysis to examine 22 CEE countries and 26 OECD countries from 2007 to 2019. The three dimensions of ESG are measured by carbon emissions (environmental dimension) human development index (social dimension) and world governance indicators (social dimension). The economic growth and foreign direct investment are measured by GDP per capita and foreign direct investment inflows respectively. The findings indicate that carbon emissions and the level of human development are positively correlated with economic growth across both middle and high-income CEE countries. Governance has a negative effect on economic growth only in middle-income CEE countries, and it does not affect high-income CEE countries and OECD countries. Carbon emissions are generally positively associated with economic growth across all CEE countries, emphasizing the need for prudent environmental policies. Additionally, higher human development levels have a positive impact on...

Interested in being notified about new results for this query?
Subscribe to the RSS feed.