Trade liberalisation, economic growth and the environment

This thesis analyses and quantifies the environmental impacts of trade liberalisation and economic growth. The history and development of the GATT/WTO's treatment of the environment is considered, together with the environmental implications of trade liberalisation in general. The thesis then...

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Main Author: Cole, Matthew A.
Format: Thesis (University of Nottingham only)
Language:English
Published: 1998
Subjects:
Online Access:https://eprints.nottingham.ac.uk/12555/
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author Cole, Matthew A.
author_facet Cole, Matthew A.
author_sort Cole, Matthew A.
building Nottingham Research Data Repository
collection Online Access
description This thesis analyses and quantifies the environmental impacts of trade liberalisation and economic growth. The history and development of the GATT/WTO's treatment of the environment is considered, together with the environmental implications of trade liberalisation in general. The thesis then considers the relationship between economic growth and the environment, particularly since economic growth is often claimed to be an environmentally damaging feature of trade liberalisation. The manner in which economists have treated the relationship between economic growth and the environment is examined and the relationship is then subjected to an empirical investigation. The thesis estimates the reduced form relationship between per capita GDP and a wide range of environmental indicators, using cross-country panel data sets and improves on the traditional methodology for estimating environmental Kuznets curves (EKCs). Results suggest that meaningful EKCs exist only for local air pollutants whilst indicators with a more global, or indirect, impact either increase monotonically with income, or else have predicted turning points at high per capita income levels with large standard errors - unless they have been subjected to a multilateral policy initiative. Two other findings are also made; that concentrations of local pollutants in urban areas peak at a lower per capita income level than total emissions per capita; and that transport generated local air pollutants peak at a higher per capita income level than total emissions per capita. The thesis also estimates the impact of the Uruguay Round of trade negotiations on a wide range of environmental indicators. The impact is estimated in terms of the composition effect and combined scale and technique effects associated with the Uruguay Round. Results suggest that in the developing and transition regions most indicators will increase as a result of the Uruguay Round, whilst in the developed regions three local air pollutants will fall and all others increase. Finally, policy implications are discussed.
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spelling nottingham-125552025-02-28T11:19:56Z https://eprints.nottingham.ac.uk/12555/ Trade liberalisation, economic growth and the environment Cole, Matthew A. This thesis analyses and quantifies the environmental impacts of trade liberalisation and economic growth. The history and development of the GATT/WTO's treatment of the environment is considered, together with the environmental implications of trade liberalisation in general. The thesis then considers the relationship between economic growth and the environment, particularly since economic growth is often claimed to be an environmentally damaging feature of trade liberalisation. The manner in which economists have treated the relationship between economic growth and the environment is examined and the relationship is then subjected to an empirical investigation. The thesis estimates the reduced form relationship between per capita GDP and a wide range of environmental indicators, using cross-country panel data sets and improves on the traditional methodology for estimating environmental Kuznets curves (EKCs). Results suggest that meaningful EKCs exist only for local air pollutants whilst indicators with a more global, or indirect, impact either increase monotonically with income, or else have predicted turning points at high per capita income levels with large standard errors - unless they have been subjected to a multilateral policy initiative. Two other findings are also made; that concentrations of local pollutants in urban areas peak at a lower per capita income level than total emissions per capita; and that transport generated local air pollutants peak at a higher per capita income level than total emissions per capita. The thesis also estimates the impact of the Uruguay Round of trade negotiations on a wide range of environmental indicators. The impact is estimated in terms of the composition effect and combined scale and technique effects associated with the Uruguay Round. Results suggest that in the developing and transition regions most indicators will increase as a result of the Uruguay Round, whilst in the developed regions three local air pollutants will fall and all others increase. Finally, policy implications are discussed. 1998 Thesis (University of Nottingham only) NonPeerReviewed application/pdf en arr https://eprints.nottingham.ac.uk/12555/1/243615.pdf Cole, Matthew A. (1998) Trade liberalisation, economic growth and the environment. PhD thesis, University of Nottingham. General Agreement on Tariffs and Trade (Organization) World Trade Organization free trade Economic development environmental aspects
spellingShingle General Agreement on Tariffs and Trade (Organization)
World Trade Organization
free trade
Economic development
environmental aspects
Cole, Matthew A.
Trade liberalisation, economic growth and the environment
title Trade liberalisation, economic growth and the environment
title_full Trade liberalisation, economic growth and the environment
title_fullStr Trade liberalisation, economic growth and the environment
title_full_unstemmed Trade liberalisation, economic growth and the environment
title_short Trade liberalisation, economic growth and the environment
title_sort trade liberalisation, economic growth and the environment
topic General Agreement on Tariffs and Trade (Organization)
World Trade Organization
free trade
Economic development
environmental aspects
url https://eprints.nottingham.ac.uk/12555/