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http://bura.brunel.ac.uk/handle/2438/5052
Title: | Environmental regulation and competitiveness: Evidence from Romania |
Authors: | Caporale, GM Rault, C Sova, R Sova, A |
Keywords: | Environmental stringency;Competiveness;Gravity model |
Issue Date: | 2010 |
Publisher: | Brunel University |
Citation: | Economics and Finance Working Paper, Brunel University, 10-13 |
Abstract: | According to the pollution haven hypotheses differences in environmental regulation affect trade flows and plant location. Specifically, environmental stringency should decrease exports and increase imports of “dirty” goods. This paper estimates a gravity model to establish whether the implementation of more stringent regulations in Romania has indeed affected its competitiveness and decreased exports towards its European trading partners. Our findings do not provide empirical support to the pollution haven hypothesis, i.e. environmental stringency is not found to affect significantly total trade, or its components (pollution intensive trade and pollution intensive trade related to non-resource-based trade). |
URI: | http://bura.brunel.ac.uk/handle/2438/5052 |
Appears in Collections: | Economics and Finance Dept of Economics and Finance Research Papers |
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1013[1].pdf | 267.71 kB | Adobe PDF | View/Open |
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