Abstract
In the previous chapters, we have seen a spectrum of theoretical approaches on the environmental impact of free trade. Many different modelling frameworks from partial equilibrium ones to many-good, many-country general equilibrium models have been utilized. Different combinations of environmental policy making have been studied. Overall, results vary among many different papers; some studies indicate that trade liberalization worsens environmental conditions, whereas some others provide evidences for improved environmental conditions as a result of freer trade.
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Notes
Antweiler et al (2001) explain the need for such a measure as follows:’ To explain concentrations of pollution we need a measure of scale reflecting the concentration of economic activity within the same geographical area.”
Briefly, EKC hypothesis suggests an inverted-U type relationship between pollution and income.
MERCOSUR is a regional treaty for trade liberalization among Argentina, Brazil, Paraguay and Uruguay.
It will be explored in more detail in the next chapter.
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© 2002 Springer Science+Business Media Dordrecht
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Alpay, S. (2002). Empirical Evidences on the Environmental Impact of Trade Liberalization. In: Trade and The Environment. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-0271-5_6
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DOI: https://doi.org/10.1007/978-1-4615-0271-5_6
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-4997-6
Online ISBN: 978-1-4615-0271-5
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