PENGARUH STRINGENCY, KORUPSI, DAN PAJAK LINGKUNGAN TERHADAP FOREIGN DIRECT INVESTMENT INFLOW: SEBUAH POLLUTION HEAVEN HYPOTHESIS
This study aims to analyze the pollution heaven phenomenon, in the case of Foreign Direct Investment (FDI) inflow from the perspective of environmental regulations (stringency), corruption, environmental taxes, and the interaction variables between stringency and corruption. Additionally, this stud...
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| Format: | Article |
| Language: | Indonesian |
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Sekolah Tinggi Ilmu Ekonomi Indonesia Surabaya
2023-11-01
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| Series: | Ekuitas: Jurnal Ekonomi dan Keuangan |
| Subjects: | |
| Online Access: | https://ejournal.stiesia.ac.id/ekuitas/article/view/6104 |
| _version_ | 1797504451514204160 |
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| author | Windy Hikmah Ariyani Unggul Heriqbaldi |
| author_facet | Windy Hikmah Ariyani Unggul Heriqbaldi |
| author_sort | Windy Hikmah Ariyani |
| collection | DOAJ |
| description |
This study aims to analyze the pollution heaven phenomenon, in the case of Foreign Direct Investment (FDI) inflow from the perspective of environmental regulations (stringency), corruption, environmental taxes, and the interaction variables between stringency and corruption. Additionally, this study will investigate the impact of pollution heaven on GDP per capita, labor, and trade openness to FDI inflow. This study used the System Generalized Method of Moments estimations for 6 investor countries of the palm oil sector in Indonesia from 2009 to 2019. The main results show that stringency and corruption have a significant positive effect while the interaction between stringency and corruption has a significant negative effect on FDI inflow in the Indonesian palm oil sector. Loose environmental regulations combined with a honest bureaucracy will prevent investors from receiving legal protection. This condition indicates a significant relationship of the interaction variable between stringency and corruption on FDI inflow, therefore the pollution heaven hypothesis is invalid. Government policy regarding stringency can be improved by implementing environmental taxes. Policies related to corruption are necessary to simplify bureaucratic procedures for investors. The combination of these regulations is expected to help the Indonesian government attract FDI inflows without turning Indonesia into a pollution heaven.
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| first_indexed | 2024-03-10T04:04:45Z |
| format | Article |
| id | doaj.art-e074549414164730ba77fbf46fd84cb0 |
| institution | Directory Open Access Journal |
| issn | 2548-298X 2548-5024 |
| language | Indonesian |
| last_indexed | 2024-03-10T04:04:45Z |
| publishDate | 2023-11-01 |
| publisher | Sekolah Tinggi Ilmu Ekonomi Indonesia Surabaya |
| record_format | Article |
| series | Ekuitas: Jurnal Ekonomi dan Keuangan |
| spelling | doaj.art-e074549414164730ba77fbf46fd84cb02023-11-23T08:25:31ZindSekolah Tinggi Ilmu Ekonomi Indonesia SurabayaEkuitas: Jurnal Ekonomi dan Keuangan2548-298X2548-50242023-11-017410.24034/j25485024.y2023.v7.i4.6104PENGARUH STRINGENCY, KORUPSI, DAN PAJAK LINGKUNGAN TERHADAP FOREIGN DIRECT INVESTMENT INFLOW: SEBUAH POLLUTION HEAVEN HYPOTHESISWindy Hikmah Ariyani0Unggul Heriqbaldi1Fakultas Ekonomi dan Bisnis, Universitas Airlangga Fakultas Ekonomi dan Bisnis, Universitas Airlangga This study aims to analyze the pollution heaven phenomenon, in the case of Foreign Direct Investment (FDI) inflow from the perspective of environmental regulations (stringency), corruption, environmental taxes, and the interaction variables between stringency and corruption. Additionally, this study will investigate the impact of pollution heaven on GDP per capita, labor, and trade openness to FDI inflow. This study used the System Generalized Method of Moments estimations for 6 investor countries of the palm oil sector in Indonesia from 2009 to 2019. The main results show that stringency and corruption have a significant positive effect while the interaction between stringency and corruption has a significant negative effect on FDI inflow in the Indonesian palm oil sector. Loose environmental regulations combined with a honest bureaucracy will prevent investors from receiving legal protection. This condition indicates a significant relationship of the interaction variable between stringency and corruption on FDI inflow, therefore the pollution heaven hypothesis is invalid. Government policy regarding stringency can be improved by implementing environmental taxes. Policies related to corruption are necessary to simplify bureaucratic procedures for investors. The combination of these regulations is expected to help the Indonesian government attract FDI inflows without turning Indonesia into a pollution heaven. https://ejournal.stiesia.ac.id/ekuitas/article/view/6104FDI inflowRegulasi lingkungan (stringency)KorupsiPajak LingkunganPollution Heaven Hypothesis |
| spellingShingle | Windy Hikmah Ariyani Unggul Heriqbaldi PENGARUH STRINGENCY, KORUPSI, DAN PAJAK LINGKUNGAN TERHADAP FOREIGN DIRECT INVESTMENT INFLOW: SEBUAH POLLUTION HEAVEN HYPOTHESIS Ekuitas: Jurnal Ekonomi dan Keuangan FDI inflow Regulasi lingkungan (stringency) Korupsi Pajak Lingkungan Pollution Heaven Hypothesis |
| title | PENGARUH STRINGENCY, KORUPSI, DAN PAJAK LINGKUNGAN TERHADAP FOREIGN DIRECT INVESTMENT INFLOW: SEBUAH POLLUTION HEAVEN HYPOTHESIS |
| title_full | PENGARUH STRINGENCY, KORUPSI, DAN PAJAK LINGKUNGAN TERHADAP FOREIGN DIRECT INVESTMENT INFLOW: SEBUAH POLLUTION HEAVEN HYPOTHESIS |
| title_fullStr | PENGARUH STRINGENCY, KORUPSI, DAN PAJAK LINGKUNGAN TERHADAP FOREIGN DIRECT INVESTMENT INFLOW: SEBUAH POLLUTION HEAVEN HYPOTHESIS |
| title_full_unstemmed | PENGARUH STRINGENCY, KORUPSI, DAN PAJAK LINGKUNGAN TERHADAP FOREIGN DIRECT INVESTMENT INFLOW: SEBUAH POLLUTION HEAVEN HYPOTHESIS |
| title_short | PENGARUH STRINGENCY, KORUPSI, DAN PAJAK LINGKUNGAN TERHADAP FOREIGN DIRECT INVESTMENT INFLOW: SEBUAH POLLUTION HEAVEN HYPOTHESIS |
| title_sort | pengaruh stringency korupsi dan pajak lingkungan terhadap foreign direct investment inflow sebuah pollution heaven hypothesis |
| topic | FDI inflow Regulasi lingkungan (stringency) Korupsi Pajak Lingkungan Pollution Heaven Hypothesis |
| url | https://ejournal.stiesia.ac.id/ekuitas/article/view/6104 |
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