الاستثمار والتدهور البيئي وجودة المؤسسات دليل تجريبي من الدول العربية النفطية

Abstract

This study aimed to examine the relationship among investment, institutional quality and environmental degradation in the Arab oil-producing countries during the period 2002-2019. In order to achieve its objective, the study adopted FGLS method. The main findings of the study indicated a positive relationship between investment and environmental degradation. However, a negative relationship between institutional quality and environmental degradation was captured. Furthermore, the study found that interaction between investment and institutional quality impacts environmental degradation