The Impact of Environmental Regulations on Trade Flows: A Focus on Environmental Goods Listed in APEC and OECD

This paper aims to investigate the impact of environmental regulations on trade patterns, in terms of trade in environmental goods listed in Asia-Pacific Economic Cooperation (APEC) and Organization for Economic Co-operation and Development (OECD). Environmental goods are defined here as those that...

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Autores principales:	Zhe Dai, Yunzhi Zhang, Rui Zhang
Formato:	article
Lenguaje:	EN
Publicado:	Frontiers Media S.A. 2021
Materias:	environmental goods Z-score environmental regulations International trade ECOLEX platform JEL classification: F18, F64, Q58 Psychology BF1-990
Acceso en línea:	https://doaj.org/article/08864ab33e3644d098541f71d224a7da
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spelling	oai:doaj.org-article:08864ab33e3644d098541f71d224a7da2021-12-01T08:22:11ZThe Impact of Environmental Regulations on Trade Flows: A Focus on Environmental Goods Listed in APEC and OECD1664-107810.3389/fpsyg.2021.773749https://doaj.org/article/08864ab33e3644d098541f71d224a7da2021-11-01T00:00:00Zhttps://www.frontiersin.org/articles/10.3389/fpsyg.2021.773749/fullhttps://doaj.org/toc/1664-1078This paper aims to investigate the impact of environmental regulations on trade patterns, in terms of trade in environmental goods listed in Asia-Pacific Economic Cooperation (APEC) and Organization for Economic Co-operation and Development (OECD). Environmental goods are defined here as those that enable sustainable growth and reduce pollution from human activity. For this reason, issues on environmental goods can be put at the forefront to analyze the linkage between environmental regulations and trade flows in the perspective of international institutions. Within the framework of a gravity model, panel data on 112 exporter countries and 53 importer countries is used at a bilateral level over the period of 1989–2013 to gain an understanding of this trade-environmental regulation nexus. This paper proxies the environmental policies by employing the z-score, which includes three comprehensive environmental indicators. The findings indicate that the strict environmental policies impede the trade, and this effect is greater in terms of the environmental goods listed in APEC compared to the ones listed in OECD. Finally, although these stringent environmental regulations reduce the trade flows, they can help to foster the demand for environmentally-friendly products.Zhe DaiYunzhi ZhangYunzhi ZhangRui ZhangFrontiers Media S.A.articleenvironmental goodsZ-scoreenvironmental regulationsInternational tradeECOLEX platformJEL classification: F18, F64, Q58PsychologyBF1-990ENFrontiers in Psychology, Vol 12 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	environmental goods Z-score environmental regulations International trade ECOLEX platform JEL classification: F18, F64, Q58 Psychology BF1-990
spellingShingle	environmental goods Z-score environmental regulations International trade ECOLEX platform JEL classification: F18, F64, Q58 Psychology BF1-990 Zhe Dai Yunzhi Zhang Yunzhi Zhang Rui Zhang The Impact of Environmental Regulations on Trade Flows: A Focus on Environmental Goods Listed in APEC and OECD
description	This paper aims to investigate the impact of environmental regulations on trade patterns, in terms of trade in environmental goods listed in Asia-Pacific Economic Cooperation (APEC) and Organization for Economic Co-operation and Development (OECD). Environmental goods are defined here as those that enable sustainable growth and reduce pollution from human activity. For this reason, issues on environmental goods can be put at the forefront to analyze the linkage between environmental regulations and trade flows in the perspective of international institutions. Within the framework of a gravity model, panel data on 112 exporter countries and 53 importer countries is used at a bilateral level over the period of 1989–2013 to gain an understanding of this trade-environmental regulation nexus. This paper proxies the environmental policies by employing the z-score, which includes three comprehensive environmental indicators. The findings indicate that the strict environmental policies impede the trade, and this effect is greater in terms of the environmental goods listed in APEC compared to the ones listed in OECD. Finally, although these stringent environmental regulations reduce the trade flows, they can help to foster the demand for environmentally-friendly products.
format	article
author	Zhe Dai Yunzhi Zhang Yunzhi Zhang Rui Zhang
author_facet	Zhe Dai Yunzhi Zhang Yunzhi Zhang Rui Zhang
author_sort	Zhe Dai
title	The Impact of Environmental Regulations on Trade Flows: A Focus on Environmental Goods Listed in APEC and OECD
title_short	The Impact of Environmental Regulations on Trade Flows: A Focus on Environmental Goods Listed in APEC and OECD
title_full	The Impact of Environmental Regulations on Trade Flows: A Focus on Environmental Goods Listed in APEC and OECD
title_fullStr	The Impact of Environmental Regulations on Trade Flows: A Focus on Environmental Goods Listed in APEC and OECD
title_full_unstemmed	The Impact of Environmental Regulations on Trade Flows: A Focus on Environmental Goods Listed in APEC and OECD
title_sort	impact of environmental regulations on trade flows: a focus on environmental goods listed in apec and oecd
publisher	Frontiers Media S.A.
publishDate	2021
url	https://doaj.org/article/08864ab33e3644d098541f71d224a7da
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The Impact of Environmental Regulations on Trade Flows: A Focus on Environmental Goods Listed in APEC and OECD

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