fdi and forest depletion
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FDI and Forest Depletion. Ahmet , Duncan, Nazar. How Green Was My Valley…. Pre-Industrial Revolution Industrial Revolution Post-Industrial Revolution. Foreign Direct Investment. Question Independent and dependent variables Hypothesis. Methodology. Non-random selection? - PowerPoint PPT PresentationTRANSCRIPT
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FDI and Forest Depletion
Ahmet, Duncan, Nazar
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How Green Was My Valley…
• Pre-Industrial Revolution
• Industrial Revolution
• Post-Industrial Revolution
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Foreign Direct Investment
• Question
• Independent and dependent variables
• Hypothesis
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Methodology
• Non-random selection?• FDI inflow not random• Cases
– Liberia: HH– China: LL– Uganda: HL NFD
• Counter-factuals
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Dependent Variable
• Net Forest Depletion (NFD) from WDI– NFD as %of GDP
• NET FOREST DEPLETION = [(UNIT RESOURCE RENTS)× (EXCESS ROUNDWOOD HARVEST)]- NATURAL GROWTH
___________________________________GDP
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– NFD in 2005 US $ » NFD in current US $ adjusted to inflation by
GDP deflator (base year by country)
GDP deflator + year GDP deflator/100
New GDP deflator x NFD in current US $
= NFD in 2005 $
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Control Variables
• GINI Coefficient/Index• Population growth (annual %)• Urban population growth (annual %)• Agricultural land (% of lad area)• Forest area (% of land area)• DEMOCRACY!!!
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Independent Variable
• FDI net inflows, as % of GDP• FDI net inflows, BoP current US$
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Data
• 2271 Observations• From 183 countries• Between 1990-2012• Lots of missing NFD data
– e.g Brazil
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Basic Correlation Results
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Regression Results
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Panel Data Estimators
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Multiple Imputation
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Hausman Test Results
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LM Test Results