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Visiting
Assistant Professor
Department
of Economics
Oregon
State University
315
Ballard Extension Hall
Corvallis,
OR 97331
helen.naughton@oregonstate.edu
541.737.1477
(office)
Curriculum Vita
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BIOGRAPHICAL
INFORMATION
Helen
Tammela Naughton completed
her Ph.D. in Economics at the University
of Oregon in June of 2007. She completed her M.A. in Economics at the
UO in 2004 and received her B.A. in Economics from Lewis & Clark College in Portland,
Oregon, in 2000. While at Lewis & Clark, she completed an honors thesis
and worked as a research assistant for Eban Goodstein. Prior to
starting graduate school, Naughton worked as an Economist for Integrated Utilities Group, Inc., in
Portland, Oregon and Denver, Colorado, from 2000 to 2002. Now she holds a
visiting assistant professor position at the Department of Economics at the
Oregon State University. Next
fall Naughton will join the Department of Economics at the University of Montana in Missoula.
RESEARCH INTERESTS
Naughton
specializes in International Economics (especially foreign direct
investment) as well as Environmental and Public Economics, and Applied
Econometrics in general. She has a strong interest in state-of-the-art
methods for spatial econometrics. Current research focuses on the interface
between globalization and the environment.
DISSERTATION
Title:
Essays on Globalization and the Environment.
Committee: Ronald B. Davies
(co-chair), Glen R. Waddell
(co-chair), Bruce A.
Blonigen, Michael
V. Russo (Department of Management).
PAPERS
"FDI
in Space: Spatial Autoregressive Relationships in Foreign Direct
Investment," with Bruce A.
Blonigen, Ronald B. Davies,
Glen R. Waddell, European
Economic Review, July 2007, 51(5): 1303-1325.
Paper
There
are a number of theoretical reasons why FDI into a host country may depend
on the FDI in proximate countries. Such spatial interdependence has been
largely ignored by the empirical FDI literature, with only a couple recent
papers accounting for such issues in their estimation. This paper conducts
a general examination of spatial interactions in empirical FDI models using
data on US outbound FDI activity. We find that estimated relationships of
traditional determinants of FDI are surprisingly robust to inclusion of
terms to capture spatial interdependence, even though such interdependence
is estimated to be significant. However, we find that both the traditional
determinants of FDI and the estimated spatial interdependence are quite
sensitive to the sample of countries one examines.
JEL Classifications: F21, F23.
"Spacey
Parents: Autoregressive Patters in Inbound FDI," with Bruce A.
Blonigen, Ronald B. Davies,
Glen R. Waddell, Steven
Brakman and Harry Garretsen (eds.), 2008, Foreign Direct Investment and
the Multinational Enterprise, The MIT Press: Cambridge, MA.
Paper
Increasing
attention has been given to the impact of third countries on outbound FDI
to a given host country. Here, we consider potential third-country effects
on inbound FDI. A simple model suggests two sources of such effects on a
country's inbound FDI. First, it will tend to receive more FDI from parent
countries proximate to large third countries. Second, FDI from third
countries may increase or decrease FDI from the parent country in question
depending on whether production spillovers or crowding out effects
dominate. Using data on US inbound FDI from OECD countries during 1983-1998
we find strong evidence for parent market proximity effects. We find robust
results for third country FDI effects only in a European subsample. There,
crowding out effects dominate.
JEL Classifications: F21, F23.
"The
Equal Absolute Sacrifice Principle Revisited," with Peter J.
Lambert,
under review.
Paper
We summarize the literature on equal
absolute sacrifice income taxes, and make some extensions. We adapt the
utilitarian equal sacrifice criterion to a wide class of rank-dependent
SWFs, and find that liabilities depend on both income and position in the
distribution. We investigate whether such taxes need be progressive, using
a combination of analytics and simulation, and in the process uncover tax
functions not previously recognized as equating sacrifices. Finally, out of
horizontal equity considerations a new concept of “the equal treatment of equals”
by an income tax emerges, with implications for future work whose
significance is discussed.
JEL Classifications: D63, H22, H23.
"Cooperation in
Environmental Policy: A Spatial Approach," under review.
Paper
Inefficient
competition in emissions taxes creates benefits from international
cooperation. In the presence of cross-border pollution, proximate
(neighboring) countries may have greater incentives to cooperate than
distant ones as illustrated by a model of tax competition for mobile
capital. Spatial econometrics is used to estimate participation in
international environmental treaties. We find evidence of increased
cooperation among proximate countries. Furthermore, the rich countries may
be particularly influential in the poorer countries’ decision to join
treaties.
JEL Classifications: F53, Q58.
"Globalization and Emissions in Europe," under
review.
Paper
The
effects of globalization on the environment come in many forms. This paper
examines the impact of five globalization variables on sulfur dioxide and
nitrogen oxides emissions in Europe from 1980-2000 in the framework of one
empirical model. The five variables of interest are trade, foreign direct
investment, neighboring countries wealth, cross-border pollution and
participation in international environmental treaties. Exclusion of any one
of these variables has significant impacts on included coefficients.
Inclusion of just one of the globalization variables results in a biased
coefficient. Results provide an explanation for mixed or unexpected results
from several previous studies.
JEL Classifications: F18, Q53, Q58.
"To
Shut Down or To Shift: Multinationals and Environmental Regulation,"
working paper.
Paper
According
to the pollution haven effect (PHE) mobile capital responds to
environmental regulation by moving from countries with high regulation to
those with low regulation. Previous tests of the PHE have focused on host
country regulation effects. This study also examines the effect of home
country regulation on foreign direct investment (FDI). The PHE predicts
that higher regulation in the home country would increase outbound FDI.
However, if the PHE is strong enough for the multinational to shut down the
home plant and become a foreign firm, then that would be recorded as a
decrease in outbound FDI—the shutdown effect (SDE). Thus, the net effect of
home country regulation on FDI depends on the relative sizes of the PHE and
the SDE. I find that if FDI destination is a country with high
environmental regulation then an increase in the home country regulation
increases FDI, as predicted by the PHE. On the other hand, FDI into
countries with low regulation has an inverse relationship with home country
environmental regulation implying that the SDE outweighs the PHE. Finally,
consistent with the PHE and previous literature, I find that higher host
country regulation discourages FDI, particularly FDI from countries with
low environmental regulation. Thus, FDI to and from countries with lax
environmental regulation is more sensitive to changes in environmental
regulation.
JEL Classifications: F20, Q58.
TEACHING
Naughton
has independently taught undergraduate Microeconomics, Econometrics and
Environmental Economics courses at OSU and/or UO. During her first two
years at the UO, she was a teaching assistant for Introduction to
Microeconomics, Intermediate Microeconomic Theory, Introduction to
Econometrics, Resource and Environmental Economics, and Labor Economics. In
the future, she looks forward to teaching International Economics,
Environmental Economics, Public Economics and Applied Econometrics at both
graduate and undergraduate levels.
OTHER
INTERESTS
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March 25, 2008
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