Boosting FDI could cut energy use without slowing economic growth in Portugal
The study looked at the relationship between energy use, economic growth, and foreign investment in Portugal from 1980 to 2007. They found that these three factors are connected in the long term, with income having a big positive impact on energy use, but foreign investment having a small negative effect. In the short term, the results confirmed this link. This suggests that attracting foreign investment can help save energy without hurting economic growth.