TY  - JOUR
AU  - Eskeland,Gunnar A.
AU  - Harrison,Ann E.
TI  - Moving to Greener Pastures? Multinationals and the Pollution Haven Hypothesis
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 8888
PY  - 2002
Y2  - April 2002
UR  - http://www.nber.org/papers/w8888
L1  - http://www.nber.org/papers/w8888.pdf
N1  - Author contact info:
Ann Harrison
The Wharton School
University of Pennsylvania
2016 Steinberg Hall-Dietrich Hall
3620 Locust Walk
Philadelphia, PA 19104-6370
Tel: 215 746 3132
E-Mail: annh@wharton.upenn.edu
AB  - This paper presents evidence on whether multinationals are flocking to developing country 'pollution havens'.  Although we find some evidence that foreign investors  locate in sectors with high levels of air pollution, the evidence is weak at best. We then examine whether foreign firms pollute less than their peers. We find that foreign plants are significantly more energy efficient and use cleaner types of energy.   We conclude with an analysis of US outbound investment. Although the pattern of US foreign investment is skewed towards industries with high costs of pollution abatement, the results are not robust across specifications.
ER  -