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Potential Business of Climate Friendly Goods and Technologies in Asia

  • Soumyananda Dinda
Chapter
Part of the SpringerBriefs in Environmental Science book series (BRIEFSENVIRONMENTAL)

Abstract

This chapter examines empirical relationships, analyses determinants of CFGT trade in the precrisis period and predicts bilateral trade flows using the gravity model in Asia. Income level, geographical distance and developmental position of both trading partners and country characteristics, economic policy reforms and available infrastructure are important determinants of CFGT trade and its sub-categories. The total estimated potential exports of CFGT within Asia and the European Union were around $32 billion US dollar (USD) and $10 billion US dollar in 2008, respectively. Estimating potential trade gap, this chapter predicts the value of trade opportunity of CFGT in Asia and identifies potential trading partners within and outside Asia.

Keywords

CFGT Clean coal technology Energy-efficient technology Wind energy Solar photovoltaic system Other code SAARC ASEAN APTA Gravity model Potential trade opportunity Export Import GDP GDP per capita Distance Potential trade gap Asia China Japan India South Asia 

References

  1. Dinda, S. 2014a. Climate Change and Trade Opportunity in Climate Smart Goods in Asia: Application of Gravity Model. The International Trade Journal 28 (3): 264–280.CrossRefGoogle Scholar
  2. ———. 2014b. Climate Change: An Emerging Trade Opportunity in South Asia. South Asian Journal of Macroeconomics and Public Finance 3 (2): 221–239.CrossRefGoogle Scholar
  3. Tinbergen, J. 1962. Shaping the World Economy: Suggestions for an International Economic Policy. New York: The Twentieth Century Fund.Google Scholar
  4. World Bank. 2008. International Trade and Climate Change: Economic, Legal and Institutional Perspectives, the World Bank. New York: Oxford University Press.Google Scholar

Copyright information

© The Author(s), under exclusive licence to Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Soumyananda Dinda
    • 1
  1. 1.Department of EconomicsUniversity of BurdwanBurdwanIndia

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