Dinda, Soumyananda (2018): Growing Potential Business opportunity for Climate Friendly Goods and Technologies in Asia since 1997. Published in: Climate Friendly Goods and Technologies in Asia: Opportunities for Trade No. SpringerBriefs in Environmental Science (January 2019): pp. 61-75.
PDF
MPRA_paper_93238.pdf Download (289kB) |
Abstract
This paper examines empirical relationships, analyses determinants of CFGT trade in the pre-crisis period and predict 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. Through trade gap, this paper estimates the value of trade opportunity of CFGT in Asia, identifies potential trading partners, and also suggests CFGT trade among the trade partners.
Item Type: | MPRA Paper |
---|---|
Original Title: | Growing Potential Business opportunity for Climate Friendly Goods and Technologies in Asia since 1997 |
English Title: | Growing Potential Business opportunity for Climate Friendly Goods and Technologies in Asia since 1997 |
Language: | English |
Keywords: | Gravity model, potential trade opportunity, CFGT, CCT, EEL, WE, SPVS, SAARC, ASEAN, APTA, Asia |
Subjects: | C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C20 - General C - Mathematical and Quantitative Methods > C5 - Econometric Modeling C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C54 - Quantitative Policy Modeling F - International Economics > F6 - Economic Impacts of Globalization > F63 - Economic Development O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O53 - Asia including Middle East Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q56 - Environment and Development ; Environment and Trade ; Sustainability ; Environmental Accounts and Accounting ; Environmental Equity ; Population Growth |
Item ID: | 93238 |
Depositing User: | Dr. Soumyananda Dinda |
Date Deposited: | 13 Apr 2019 09:46 |
Last Modified: | 04 Oct 2019 05:58 |
References: | • Anderson, J.E., 1979. ‘A Theoretical Foundation for the Gravity Equation’, American Economic Review 69(1):106–16. • Anderson, J.E. and van Wincoop, E., 2003. ‘Gravity with Gravitas: A Solution to the Border Puzzle’, American Economic Review 93(1): 170–92. • Anderson, J.E. and van Wincoop, E., 2004. ‘Trade Costs’, Journal of Economic Literature 42(3): 691–751. • Anderson, M., Ferrantino, M., and Schaeffer, K., 2005. ‘Monte Carlo Appraisals of Gavity Model Specifications’, US International Trade Commission Working Paper 2004–05-A. • Antweiler, Werner, Brian R. Copeland and M. Scott Taylor. 2001. "Is Free Trade Good for the Environment?" American Economic Review, 91(4):877-908. • Baier, Scott L. & Bergstrand, Jeffrey H., 2001. "The growth of world trade: tariffs, transport costs, and income similarity," Journal of International Economics, vol. 53(1): 1-27. • Baldwin, R. E. and Taglioni, D., 2006. ‘Gravity for Dummies and Dummies for Gravity Equations’, NBER Working Paper No. W12516. • Baldwin, R., 1994. Towards an Integrated Europe, Centre for Economic Policy Research, London. • Balistreri, E. J. and Hillberry, R. H., 2006. Trade frictions and welfare in the gravity model: how much of the iceberg melt? Canadian Journal of Economics, Vol.-39: 247 -265. • Bergstrand, J.H., 1985. ‘The Gravity Equation in International Trade: Some Microeconomic Foundations and Empirical Evidence’, Review of Economics and Statistics 67(3): 474–81. • Bergstrand, J. H., 1989. ‘The Generalized Gravity Equation, Monopolistic Competition, and the Factor–Proportions Theory in International Trade’, Review of Economics and Statistics 71(1):143–53. • Cheng, I. H. and Wall, H. J., 2005. ‘Controlling for Heterogeneity in Gravity Models of Trade and Integration’, Federal Reserve Bank of St. Louis Review, 87(1): 49–63. • Copeland and Taylor 2004. Trade and Environment, OUP • Dean, Judith M., Lovely, Mary E., and Wang, Hua. 2009. Are foreign investors attracted to weak environmental regulations? Evidence from China. Journal of Development Economics, Vol.-90 (1): 1-13. • Deardorff, A.V., 1995. ‘Determinants of Bilateral Trade: Does Gravity Work in a Neoclassical World?’,NBER Working Papers No. 5377. • Deardorff, Alan V., 1984. "Testing trade theories and predicting trade flows," in R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, 1st edition, volume 1, chapter 10, pages 467-517. • Dinda, S. 2004. Environmental Kuznets Curve Hypothesis: A Survey, Ecological Economics 49, 431-455. • Dinda, S. 2011a. Trade Opportunities for Climate Smart Goods and Technologies inAsia, paper presented at MSM 1st Annual Research Conference Nov 11-12, 2011. • Dinda, S. 2011b. Climate Change and Development: Trade Opportunities of Climate Smart Goods and Technologies in Asia, MPRA Paper No. 34883. • Dinda, S. 2014a. Climate Change and Trade Opportunity in Climate Smart Goods in Asia: Application of Gravity Model, The International Trade Journal, Vol. 28(3), 264-280. • Dinda, S. 2014b. Climate Change: An Emerging Trade Opportunity in South Asia, South Asian Journal of Macroeconomics and Public Finance, Vol.-3(2), 221-239. • Dinda, S. 2015. “Climate Change, Trade Competitiveness, and Opportunity for Climate Friendly Goods in SAARC and Asia Pacific Regions”, in Dinda, S. edited “Handbook of Research on Climate Change impact on Health and Environmental Sustainability”, 2015, IGI Global Publishers Inc. Wisconsin, USA. Page 519-542. Dinda, S. (2019). Climate Freiendly Goods and Technologies in Asia: Opportunities for Trade. Springer Briefs in Environment Science, Springer Publication. • Drysdale, P., Kalirajan, K.P., Song, L. and Huang, Y., 1997. ‘Trade Among the APEC Economies: An Application of a stochastic varying coefficient gravity model’, Paper presented at 26th Economists Conference, University of Tasmania. • Drysdale, P. and Xu, X., 2004. ‘Taiwan’s role in the economic architecture of East Asia and the Pacific’, Pacific Economic Papers No.343. • Drysdale, P. and Garnaut, R., 1982. ‘Trade Intensities and the Analysis of Bilateral Trade Flows in a Many-Country World: A Survey’, Hitotsubashi Journal of Economics 22(2): 62–84. • Drysdale, P., Huang, Y. and Kalirajan, K.P., 2000. ‘China’s Trade Efficiency: Measurement and Determinants’, in P. Drysdale, Y. Zhang and L. Song (eds), APEC and liberalisation of the Chinese economy, Asia Press, Canberra:259–71. • Egger, P., 2002. ‘An Econometric View on the Estimation of Gravity Models and the Calculation of Trade Potentials’, World Economy 25(2): 297–312. • Frankel, J. A., Stain, E. and Wei, S. J., 1997. ‘Regional trading blocs in the world economic system’, Institute for International Economics, Washington, D.C. • Ghosh, S. and Yamarik, S., 2004. ‘Are Regional Trading Arrangements Trade Creating?: An Application of Extreme Bounds Analysis’. Journal of International Economics 63(2):369–395. • Grossman, G.M., Krueger, A.B. 1995. Economic growth and the environment. Quarterly Journal of Economics 110 (14), 353– 377. • Guillaume Gaulier, Thierry Mayer and Soledad Zignago, 2004. “Notes on CEPII’s distances measures”, www.cepii.eu. • Harrigan, J. 2001. ‘Specialization and the Volume of Trade: Do the Data Obey the Laws?’, National Bureau of Economic Research, NBER Working Papers, 8675. • Helpman, E. 1987. ‘Imperfect Competition and International Trade: Evidence from Fourteen Industrial Countries’, Journal of the Japanese and International Economies 1: 62–81. • Helpman, Elhanang; Krugman, Paul R. 1985. “Market Structure and Foreign Trade”, Cambridge, MA: MIT Press. • Jha, V. 2009. “Climate Change, Trade and Production of Renewable Energy Supply Goods: The Need to Level the Playing Field”, ICTSD Paper • Jha, Veena, 2008. “Environmental Priorities and Trade Policy for Environmental Goods: A reality Check”, ICTSD Issue Paper No 7, September • Kalirajan, K. 1999. ‘Stochastic Varying Coefficients Gravity Model: An Application in Trade Analysis’, Journal of Applied Statistics 26(2):185–93. • Kalirajan, K. and Findlay, C. 2005. Estimating Potential Trade Using Gravity Models: A Suggested Methodology, Foundation for Advanced Studies on International Development, Tokyo. • Liddle, B. 2001. Free Trade and the Environment-Development System, Ecological Economics 39(1), 21-36. • Linnemann, H. 1966. An Econometric Study of International Trade Flows, North Holland Publishing Company, Amsterdam. • Mani, M. 2014. Greening India’s Growth: Costs, Valuations and Trade-offs, London: Routledge. • Martínez–Zarzoso, I. and Nowak–Lehmann, F. 2003. ‘Augmented gravity model: An empirical application to Mercosur– European trade flows’, Journal of Applied Economics 6(002): 291– 316. • Meyer-Ohlendorf, Nils and Gerstetter, Christiane, 2009. Trade and Climate Change - Triggers or Barriers for Climate Friendly Technology Transfer and Development? Friedrich-Ebert-Stiftung, Occasional Paper N° 41 / February 2009, Berlin • McCallum, J. 1995. ‘National Borders Matter: Canada–U.S. Regional Trade Patterns’, American Economic Review 85(3): 615–23. • Monkelbaan, J. 2011. Trade Preferences for Environmentally Friendly Goods and services, Geneva: ICTSD Global Platform on Climate Change, Trade and Sustainable Energy, International Centre for Trade and Sustainable Development • Mukhopadhyay, K. and Chakraborty, D. 2005. Is liberalization of trade good for the environment? Evidence from India, Asia-Pacific Development Journal, Vol. 12(1): 109-136. • Nguyen, Van son. and Kalirajan, K. 2015. Export of environmental goods: India’s potential and constraints, Environment and Development Economics 21: 158-179. • Nilsson, L. 2000. ‘Trade integration and the EU economic membership criteria’, European Journal of Political Economy 16: 807–827. • OECD/Eurostat, 1999. The Environmental Goods and Services Industry: Manual on Data Collection and Analysis, Paris: OECD • Porter, Michael E. and Linde, Claas van der, 1995. Toward a New Conception of the Environment-Competitiveness Relationship, The Journal of Economic Perspectives, Vol. 9, No. 4, pp. 97-118. • Ravallion, M. 2003. ‘On Measuring Aggregate “Social Efficiency”, World Bank Policy Research Working Paper No. 3166. • Rose, A. 2005. ‘Which International Institutions Promote International Trade?’, Review of International Economics 13(4): 682–98. • Rose, A.K. 2004. ‘Do We Really Know That the WTO Increases Trade?’,American Economic Review 94(1): 98–114. • Selden, T., Song, D. 1994. Environmental quality and development: is there a Kuznets Curve for air pollution emissions? Journal of Environmental Economics and management 147, 147– 1614. • Tinbergen, J. 1962. Shaping the World Economy: Suggestions for an International Economic Policy, The Twentieth Century Fund, New York. • UNESCAP, 2007. “Trade Statistics in Policy Making: A Handbook of Commonly used Trade indices and Indicator”, Prepared by Mia Mikic and John Gilbert, Bangkok • World Bank, 2008. International Trade and Climate Change: Economic, Legal and Institutional Perspectives, the World Bank, Oxford Univ. Press, New York. • World Bank, 1994. World Development Report. Oxford Univ. Press, New York. • World Bank, 1992. World Development Report. Oxford Univ. Press, New York. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/93238 |
Available Versions of this Item
- Growing Potential Business opportunity for Climate Friendly Goods and Technologies in Asia since 1997. (deposited 13 Apr 2019 09:46) [Currently Displayed]