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In order to ensure transparency and to keep abreast of trade policies in support of sustainability, the WTO Committee on Trade and Environment (CTE) mandated the WTO Secretariat to compile and collate all environment-related measures notified to WTO. The database also includes...
Persistent link: https://www.econbiz.de/10012884409
This paper shows that greater global spatial correlation of productivities can increase cross-country welfare dispersion by increasing the correlation between a country's productivity and its gains from trade. We causally validate this general-equilibrium prediction using a global climatic...
Persistent link: https://www.econbiz.de/10012892983
The EU is considering implementing a Carbon Border Adjustment Mechanism. To inform the policy decision, we assess eight energy-intensive trade-exposed sectors in depth to distill what their characteristics imply for the shape of an ideal mechanism. The results highlight the difficulty of finding...
Persistent link: https://www.econbiz.de/10013234853
The drastic reductions in bound tariffs agreed by WTO members over the past half century have been accompanied by a substantial rise in non-tariff barriers to trade. Many commentators have drawn a causal link between these two phenomena, but there have been few attempts to empirically test this...
Persistent link: https://www.econbiz.de/10013064796
This paper investigates the existence of the environmental Kuznets curve (EKC) for carbon dioxide (CO2) emissions and its causal relationships with economic growth and openness by using time series data (1971-2006) from China (an emerging market), Korea (a newly industrialized country), and...
Persistent link: https://www.econbiz.de/10013069032
-3 percent decrease in world SO2 emissions. However, when compared to a constructed counterfactual notrade benchmark, depending …
Persistent link: https://www.econbiz.de/10013071189
under the umbrella of a global arrangement only? For answering these questions two possible states of the world are …
Persistent link: https://www.econbiz.de/10013050105
Barriers to trade in Environmental Goods (EGs) and Environmental Services (ESs) are documented for a large sample of countries and compared with barriers to trade in other goods and other services. Some progress at reduction in barriers has occurred at the national, regional and sectoral levels...
Persistent link: https://www.econbiz.de/10013055013
The increase in global trade has contributed to the integration of domestic economies worldwide into a single global economy. Despite the welfare benefits from global trade, concerns remain regarding the impact of trade on the environment, particularly on global environmental threats like...
Persistent link: https://www.econbiz.de/10014358635
The COVID-19 pandemic has severely changed the world economy and jeopardized the implementation of Sustainable …
Persistent link: https://www.econbiz.de/10014234462