http://dspace.dtu.ac.in:8080/jspui/handle/repository/16858 2026-08-18T08:36:34Z http://dspace.dtu.ac.in:8080/jspui/handle/repository/23060 Title: HOW DOES GLOBALIZATION IMPACT THE ADOPTION OF GREEN TECHNOLOGIES BY COUNTRIES? Authors: RATHI, SHAIFALI; Kumar, Virender (SUPERVISOR) Abstract: Globalization unfolds itself continuously in the form of economic integration, policy transfer across borders, cultural exchange, and dissemination of technological advancements in the new digitalized times. Mitigating climate change requires the development and implementation of environmentally friendly technologies and the use of innovative measures. This paper examines how different types of globalization influence and affect the adoption of green technologies. We use country-level data for the globalization index (KOF), development of environmentally related technologies by total technologies(ET), carbon dioxide emissions per capita interaction with globalization, environmental taxes as a percentage of total tax revenue of government(TAX), environmentally related ODA as a percentage of total allocated ODA (ODA), mortality by exposure to ambient ozone(OZO) and total energy supply index(TES) for 81countries for the years 1990 to 2019 and using advanced panel data modelling. The various globalizations are separately examined which include trade, finance, informational and interpersonal globalizations. The empirical results show that globalization can positively and significantly influence the introduction of green technologies in all countries. The results are quite robust when using different alternative model specifications. The results of this study also show how the adoption, collaboration, acceleration and transfer of green technologies between economies worldwide can be promoted and accelerated. 2024-05-01T00:00:00Z http://dspace.dtu.ac.in:8080/jspui/handle/repository/23056 Title: HOW ECONOMIC AND POLITICAL INSTABLITY AFFECT FOREIGN PORTFOLIO INVESTMENT FLOWS TO EMERGING MARKET ECONOMIES? DO FOREIGN EXCHANGE RESERVES MATTER? Authors: ARSHIYA; Kumar, Virender (SUPERVISOR) Abstract: Foreign Portfolio investments are short term investment made by the portfolio investors and are highly sensitive to the developments and uncertainties that take place in a country and potentially causing economic or political instability. The study involves data of 16 emerging economies ranging from the time period 2010-2023. The study focuses on analysing the joint effect of both the instabilities on FPI inflows. The novel contribution of the work is analysing how foreign exchange reserves buffer the negative effect of instabilities on FPI flow. The methodology used is Driscoll-Kraay panel estimator, adjusting for the three issues that arise simultaneously, serial correlation, cross sectional dependence and heteroskedasticity. The main results reveal that economic instability significantly deteriorates FPI inflow in an emerging economy. However, political stability attracts portfolio investment as it builds investors’ confidence through quality governance and institutional working. The study further reveals countries with higher reserve dampen the negative effect of economic instability. The implications of these findings are relevant for policy of reserve management, macroeconomic stabilisation policy and strategy to build investor’s confidence to invest in a country’s assets. 2026-06-01T00:00:00Z http://dspace.dtu.ac.in:8080/jspui/handle/repository/23052 Title: IMPACT OF EASE OF DOING BUSINESS ON FDI INFLOWS Authors: BHATI, ARYAN; MISHRA, RATNAM (SUPERVISOR) Abstract: The research paper investigates the correlation between ease of doing business indicators and Foreign Direct Investment (FDI) inflows by utilizing panel data from 188 countries during the period of 2014-2018. The analysis concentrates on ten variables that represent different facets of the business regulatory environment, such as construction permits, access to credit, trade regulations, and contract enforcement. By drawing insights from existing literature, the study delves into how these indicators influence FDI inflows and reviews previous studies on the topic. The results indicate that certain ease of doing business indicators, such as construction permits, access to credit information, trading across borders, and resolving insolvency, have a significant positive impact on FDI inflows. Conversely, other indicators like legal rights index for obtaining credit, paying taxes, and enforcing contracts, exhibit insignificant or negative effects. This underscores the nuanced relationship between ease of doing business and FDI inflows, which varies across different indicators. The study challenges the notion that ease of doing business indicators universally attract FDI inflows, underscoring the significance of considering additional factors like wage rates, labor skills, infrastructure, and political stability. Despite data limitations and country heterogeneity, the research contributes to the ongoing discussion on the role of the business environment in FDI attraction. Future research avenues could involve comparative analyses between developed and developing countries to further elucidate the dynamics of ease of doing business indicators and their impact on FDI inflows. 2024-06-01T00:00:00Z http://dspace.dtu.ac.in:8080/jspui/handle/repository/23049 Title: THE MODERATING ROLE OF HUMAN CAPITAL ON THE RELATIONSHIP BETWEEN GLOBALIZATION AND GREEN TECHNOLOGY ADOPTION IN EMERGING ECONOMIES Authors: NAYYAR, GULEENA; Kumar, Virender (SUPERVISOR) Abstract: Shifting to clean or green energy technologies is important for emerging economies that aim to separate economic growth from environmental harm. Existing research has already proved that globalization channels—such as economic, social, trade, and financial globalization—have promoted the adoption of green technology. However, a significant gap remains in understanding how a country’s internal human capital influences this international spillover. We used 22 years of yearly data from 25 emerging economies from 2000 to 2021. This paper explores whether local human capital influences the way dimensions of globalization impact the adoption of green technology across emerging economies using a two-step System GMM methodology . The empirical evidence suggests that in the case of economic, social, and trade globalization, they cannot solely impact the adoption of green technology across emerging economies. Conversely, their interaction with local human capital has a robust and significant impact on technology adoption. Among all the dimensions, only financial globalization independently facilitates the adoption of clean energy. Simultaneously, leveraging human capital significantly enhances the link between globalization and green technology, nearly doubling the adoption rate. These findings imply that, without skilled technicians and engineers, imported technologies may be underused or remain unused in warehouses. This highlights that the advantages of green technology transfer heavily rely on having a skilled workforce to implement the transition. To this finding, we propose some policy recommendations for governments in emerging economies: They should step away from the idea of trade liberalization and invest more in bringing in advanced technology, dedicated STEM education, compulsory green training contracts for their corporate employees , and upskilling of labor to overcome the mismatch in skill sets. 2026-05-01T00:00:00Z