Abstract
Should international trade agreements be extended to include negotiations over environmental policy? The answer depends on whether countries distort levels of environmental regulations as a secondary means of providing protection to domestic industries; our results suggest that they do. Previous studies of this relationship have treated the level of environmental regulation as exogenous, and found a negligible correlation between environmental regulation and trade flows. In contrast, we find that, when the level of environmental regulation is modelled as an endogenous variable, its estimated effect on trade flows is significantly higher than previously reported.
| Translated title of the contribution | Is environmental policy a secondary trade barrier? An empirical analysis |
|---|---|
| Original language | French |
| Pages (from-to) | 137-154 |
| Number of pages | 18 |
| Journal | Canadian Journal of Economics |
| Volume | 36 |
| Issue number | 1 |
| DOIs | |
| State | Published - Feb 2003 |
ASJC Scopus subject areas
- Economics and Econometrics