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Three New Empirical Tests Of The Pollution Haven Hypothesis When Environmental Regulation Is Endogenous
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Book Synopsis Three New Empirical Tests of the Pollution Haven Hypothesis When Environmental Regulation is Endogenous by : Daniel L. Millimet
Download or read book Three New Empirical Tests of the Pollution Haven Hypothesis When Environmental Regulation is Endogenous written by Daniel L. Millimet and published by . This book was released on 2014 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The validity of existing empirical tests of the Pollution Haven Hypothesis (PHH) is constantly under scrutiny due to two shortcomings. First, the issues of unobserved heterogeneity and measurement error in environmental regulation are typically ignored due to the lack of a credible, traditional instrumental variable. Second, while the recent literature has emphasized the importance of geographic spillovers in determining the location choice of foreign investment, such spatial effects have yet to be adequately incorporated into empirical tests of the PHH. As a result, the impact of environmental regulations on trade patterns and the location decisions of multinational enterprises remains unclear. In this paper, we circumvent the lack of a traditional instrument within a model incorporating geographic spillovers utilizing three novel identification strategies. Using state-level panel data on inbound U.S. FDI, relative abatement costs, and other determinants of FDI, we consistently find (i) evidence of environmental regulation being endogenous, (ii) a negative impact of own environmental regulation on inbound FDI in pollution-intensive sectors, particularly when measured by employment, and (iii) larger effects of environmental regulation once endogeneity is addressed. Neighboring environmental regulation is not found to be an important determinant of FDI.
Book Synopsis Pollution Havens and Foreign Direct Investment by : Beata K. Smarzynska Javorcik
Download or read book Pollution Havens and Foreign Direct Investment written by Beata K. Smarzynska Javorcik and published by World Bank Publications. This book was released on 2001 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The "pollution haven" hypothesis states that multinational firms, particularly those in highly polluting industries, relocate to countries with weak environmental standards. Despite the plausibility and popularity of this hypothesis, Smarzynska and Wei find only weak evidence in its favor.
Book Synopsis Trade and the Environment by : Brian R. Copeland
Download or read book Trade and the Environment written by Brian R. Copeland and published by Princeton University Press. This book was released on 2013-12-03 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowhere has the divide between advocates and critics of globalization been more striking than in debates over free trade and the environment. And yet the literature on the subject is high on rhetoric and low on results. This book is the first to systematically investigate the subject using both economic theory and empirical analysis. Brian Copeland and Scott Taylor establish a powerful theoretical framework for examining the impact of international trade on local pollution levels, and use it to offer a uniquely integrated treatment of the links between economic growth, liberalized trade, and the environment. The results will surprise many. The authors set out the two leading theories linking international trade to environmental outcomes, develop the empirical implications, and examine their validity using data on measured sulfur dioxide concentrations from over 100 cities worldwide during the period from 1971 to 1986. The empirical results are provocative. For an average country in the sample, free trade is good for the environment. There is little evidence that developing countries will specialize in pollution-intensive products with further trade. In fact, the results suggest just the opposite: free trade will shift pollution-intensive goods production from poor countries with lax regulation to rich countries with tight regulation, thereby lowering world pollution. The results also suggest that pollution declines amid economic growth fueled by economy-wide technological progress but rises when growth is fueled by capital accumulation alone. Lucidly argued and authoritatively written, this book will provide students and researchers of international trade and environmental economics a more reliable way of thinking about this contentious issue, and the methodological tools with which to do so.
Book Synopsis Environmental Policy and Renewable Energy Equipment Exports by : Henning Diederich
Download or read book Environmental Policy and Renewable Energy Equipment Exports written by Henning Diederich and published by Springer. This book was released on 2016-05-23 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis investigates the connection between environmental regulation, technological innovation, and export competitiveness in renewable energy equipment based on a large sample of 225 developed and developing countries from 1990 to 2012. The empirical analysis yields strong supporting evidence for the narrowly strong Porter Hypothesis as well as for the lead market theory. The results suggest that environmental regulation drives innovation and export volumes in solar- and wind-power-related goods. This is particularly the case for well-crafted (i.e. market-based, output-oriented, and clear) instruments such as carbon trading regimes. Moreover, the data show that early adopters of renewable energy support policies benefit most.
Book Synopsis Encyclopedia Of International Economics And Global Trade (In 3 Volumes) by :
Download or read book Encyclopedia Of International Economics And Global Trade (In 3 Volumes) written by and published by World Scientific. This book was released on 2020-03-23 with total page 1044 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an era when trade and currency wars threaten to end a long-standing period of growing trade and capital flows, the economics of international trade, investment and finance have become more important than ever. This three-volume Encyclopedia provides a comprehensive and up-to-date overview of the theory and evidence on the causes and consequences of global trade, and the theory and evidence on the economics of international trade, financial and monetary transactions.It provides, first of all, a comprehensive set of entries explaining the key theoretical concepts in international economics as well as the latest empirical and simulation techniques used in the academic literature. In addition, various entries present the history behind — and the controversies surrounding — the core current global trade and monetary institutions, from the World Trade Organization to the European Monetary Union.The three volumes also provide a serious discussion of today's central policy debates, including the impact of globalization on employment, wages and income distribution, the imposition of controls on international financial flows, the effects of tariffs and protectionist policies, fixed versus flexible exchange rate regimes, and the role of the multinational enterprise on global growth, technical change and income distribution, among many others.
Book Synopsis Environmental Regulation by : John F. McEldowney
Download or read book Environmental Regulation written by John F. McEldowney and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Featuring an original introduction by the editors, this important collection of essays explores the main issues surrounding the regulation of the environment. The expert contributors illustrate that regulating the environment in the UK is conceptually complex, involves a diverse range of institutions, techniques and methodologies and crosses geographical and national boundaries. In the USA it is more formalised, juridical, adversarial and formally dependent upon legal rules. The articles highlight the fact that despite differences in the UK and the USA's regulatory styles, environmental regulation today has much in common with both traditions.
Book Synopsis Moving to Greener Pastures? by : Gunnar S. Eskeland
Download or read book Moving to Greener Pastures? written by Gunnar S. Eskeland and published by . This book was released on 2002 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents evidence on whether multinationals are flocking to developing country 'pollution havens'. Although we find some evidence that foreign investors locate in sectors with high levels of air pollution, the evidence is weak at best. We then examine whether foreign firms pollute less than their peers. We find that foreign plants are significantly more energy efficient and use cleaner types of energy. We conclude with an analysis of US outbound investment. Although the pattern of US foreign investment is skewed towards industries with high costs of pollution abatement, the results are not robust across specifications.
Book Synopsis Thinking Ecologically About the Global Political Economy by : Ryan Katz-Rosene
Download or read book Thinking Ecologically About the Global Political Economy written by Ryan Katz-Rosene and published by Routledge. This book was released on 2018-02-06 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book advances an ecologically grounded approach to International Political Economy (IPE). Katz-Rosene and Paterson address a lacuna in the literature by exploring the question of how thinking ecologically transforms our understanding of what IPE is and should be. The volume shows the ways in which socio-ecological processes are integral to the themes treated by students and scholars of IPE – trade, finance, production, interstate competition, globalisation, inequalities, and the governance of all these, notably – and further that taking the ecological dimensions of these processes seriously transforms our understanding of them. Global capitalism has always been premised on the extraction, transformation and movement of what have become known as ‘natural resources’. The authors provide a synthesis of ecological arguments regarding IPE and weave them into an overall approach to be usable by others in the field. This synthesis draws on basic ecological political ideas such as limits to growth and environmental justice, ideas in ecological economics, practices of ecological movements in the global economy, as well as key ideas from other political economic traditions relevant for developing an ecological approach. Providing a broad and critical introduction to international political economy from a distinctly ecological perspective, this work will be a valuable resource for students and scholars alike.
Book Synopsis China's Rise And Internationalization: Regional And Global Challenges And Impacts by : Filip Abraham
Download or read book China's Rise And Internationalization: Regional And Global Challenges And Impacts written by Filip Abraham and published by World Scientific. This book was released on 2020-04-15 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2018 marks the 40th anniversary of the start of China's reform and opening up policy, which created China's growth miracle with an annual average growth rate of around 9.5 percent. China's rapid rise and internationalization has also generated profound impacts both regionally and globally. This edited book aims to bring together academics and researchers at policy institutions to discuss ongoing research on a wide range of theoretical and empirical issues related to China's rapid rise and internationalization from both regional and global perspectives.
Book Synopsis A Sustainable Revolution by : Idiano D’Adamo
Download or read book A Sustainable Revolution written by Idiano D’Adamo and published by MDPI. This book was released on 2020-12-14 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The parties of the United Nations Framework Convention on Climate Change (UNFCCC) attained the Paris Agreement to tackle climate change and to strengthen the actions required for a sustainable transition towards an environmentally friendly future. This transition will involve holistic approaches and multifaceted societal shifts, requiring answers and collaboration between private, public, and academic sectors. This book gathers together contributions which study the transition towards a more sustainable future, involving and identifying the development and implications of more sustainable alternatives, in collaboration with all relevant stakeholders (e.g. communities, firms, policy makers, researchers, etc.), to achieve this transition. The approaches proposed are all concerned with a common perspective: imaging our globe with a greener picture, built upon a transversal sustainable revolution to clean up the Earth.
Book Synopsis Handbook of Research on Economic and Political Implications of Green Trading and Energy Use by : Das, Ramesh Chandra
Download or read book Handbook of Research on Economic and Political Implications of Green Trading and Energy Use written by Das, Ramesh Chandra and published by IGI Global. This book was released on 2019-06-14 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial houses have, in recent years, begun to favor green products and financial institutions are funneling investible funds to environmentally friendly industries as a priority. Implementation of green policy to support these changes requires economic as well as political support from various influential countries. Success of green policies will inevitably benefit biodiversity and global environmental health. The Handbook of Research on Economic and Political Implications of Green Trading and Energy Use is a scholarly research publication that presents global perspectives on the impact of green financing and accounting on the health of the environment while highlighting issues related to carbon trading, carbon credit, energy use, and energy efficiency and their impact on economic outputs. This reference features a range of topics including environmental policies and sustainable development and is essential for academicians, environmental scientists, policymakers, political scientists, students, and researchers.
Book Synopsis Econometrics of Green Energy Handbook by : Muhammad Shahbaz
Download or read book Econometrics of Green Energy Handbook written by Muhammad Shahbaz and published by Springer Nature. This book was released on 2020-06-17 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers cutting-edge studies on the relationship between energy innovations, economic growth, environmental regulation, promotion of renewable energy use, and climate change. Building on the research discussed in the editor’s previous book Decarbonization and Energy Technology in the Era of Globalization, it discusses recent developments such as the impacts of globalization and energy efficiency on economic growth and environmental quality. It also explores the ways in which globalization has benefited green energy development, e.g. the expansion of new technologies and cleaner machinery, as well as the problems it has caused. Written by respected experts, the respective contributions address topics including econometric modelling of the behaviour of and dynamics between economic growth and environmental quality, aspects of energy production and consumption, oil prices, economic growth, trade openness, environmental quality, regulatory measures, and innovations in the energy sector. Providing a comprehensive overview of the latest research, the book offers a valuable reference guide for researchers, policymakers, practitioners and students in the fields of renewable energy development and economics.
Book Synopsis Reconsidering Reparations by : Olúfhemi O. Táíwò
Download or read book Reconsidering Reparations written by Olúfhemi O. Táíwò and published by Oxford University Press. This book was released on 2022 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Christopher Columbus' voyage changed the world forever because the era of racial slavery and colonialism that it started built the world in the first place. The irreversible environmental damage of history's first planet-sized political and economic system is responsible for our present climate crisis. Reparations calls for us to make the world over again: this time, justly. The project of reparations and racial justice in the 21st century must take climate justice head on. The book develops arguments about the role of racial capitalism in global politics, addresses other views of reparations, and summarizes perspectives on environmental racism"--
Book Synopsis Economics of the Environment by : Robert N. Stavins
Download or read book Economics of the Environment written by Robert N. Stavins and published by Edward Elgar Publishing. This book was released on 2019 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics of the Environment, Seventh Edition is a compendium of the best, most timely articles by a dream team of environmental economists, together with an original introductory chapter by the editor. Now in its seventh edition, Economics of the Environment serves as a valuable supplement to environmental economics text books and as a stand-alone reference book of key, up-to-date readings from the field. Edited by Robert N. Stavins, the book covers the core areas of environmental economics courses as taught around the world; and the included authors are the top scholars in the field. Overall, more than half of the chapters are new to this edition while the rest have remained seminal works.
Book Synopsis Green Finance, Renewable and Non-Renewable Energy, and COVID-19 by : Syed Jawad Hussain Shahzad
Download or read book Green Finance, Renewable and Non-Renewable Energy, and COVID-19 written by Syed Jawad Hussain Shahzad and published by Frontiers Media SA. This book was released on 2022-11-25 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Introduction to Geographical Economics by : Steven Brakman
Download or read book An Introduction to Geographical Economics written by Steven Brakman and published by Cambridge University Press. This book was released on 2001-12-06 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: The need for a better understanding of the role location plays in economic life was first and most famously made explicit by Bertil Ohlin in 1933. However it is only recently, with the development of computer packages able to handle complex systems, as well as advances in economic theory (in particular an increased understanding of returns to scale and imperfect competition), that Ohlin s vision has been met and a framework developed which explains the distribution of economic activity across space. This book is an integrated, non-mathematical, first-principles textbook presenting geographical economics to advanced students. Never avoiding advanced concepts, its emphasis is on examples, diagrams, and empirical evidence, making it the ideal starting point prior to monographic and journal material. Contains copious computer simulation exercises, available in book and electronic format to encourage learning and understanding through application. Uses case study material from North America, Europe, Africa and Australasia.
Book Synopsis Paper and Paper Products in China by : United States. Bureau of Foreign and Domestic Commerce
Download or read book Paper and Paper Products in China written by United States. Bureau of Foreign and Domestic Commerce and published by . This book was released on 1925 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
