Los Bonos Verdes y la Inversión Extranjera para el Ecuador
ABSTRACT: The main objective of this research is to determine the impact of the issuance of Green Bonds on Foreign Direct Investment in Ecuador during the period 2019-2022. To carry out this analysis, a micro econometric difference-in-differences model was used, with FDI as the dependent variable an...
Na minha lista:
| Autor principal: | |
|---|---|
| Outros Autores: | |
| Formato: | bachelorThesis |
| Idioma: | spa |
| Publicado em: |
2024
|
| Assuntos: | |
| Acesso em linha: | http://dspace.unach.edu.ec/handle/51000/13470 |
| Tags: |
Adicionar Tag
Sem tags, seja o primeiro a adicionar uma tag!
|
Adicionar Tag | Resumo: | ABSTRACT: The main objective of this research is to determine the impact of the issuance of Green Bonds on Foreign Direct Investment in Ecuador during the period 2019-2022. To carry out this analysis, a micro econometric difference-in-differences model was used, with FDI as the dependent variable and the issuance of Green Bonds as the independent variable. The study examines the main theories that explain the relationship between FDI and the issuance of Green Bonds, complemented with a statistical description of the behavior of these variables. The results of the analysis indicate that the issuance of Green Bonds has a significant and inverse relationship with FDI. This suggests that an increase in Green Bond issuance is associated with a decrease in FDI. Furthermore, it is concluded that Green Bonds are distinguished from other types of Bonds by being exclusively intended for the financing of projects with positive environmental impact. However, the issuance of Green Bonds has not managed to attract a greater amount of Foreign Direct Investment towards sustainable projects in Ecuador. The research is organized into five sections: The first includes the problem statement, objectives and hypothesis; The second discusses previous studies on the relationship between FDI and the issuance of Green Bonds, as well as relevant concepts and theoretical definitions; The third details the methodological approach used in the study; The fourth describes the behavior of the variables and presents the results obtained from the micro econometric model; The final section summarizes the conclusions of the study and offers some recommendations based on the findings. |
|---|