The Nexus of Institutional Quality, Foreign Direct Investment, and Environmental Degradation: Evidence from Developing Economies
This study examines the relationship between foreign direct investment (FDI), institutional quality, and environmental degradation in 50 developing countries from 1996 to 2024. Using a panel ARDL model, it distinguishes between short- and long-run effects on CO₂ emissions. The results strongly support the Pollution Hav...