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Trade Opportunities for Climate Smart Goods and Technologies in Asia

Author

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  • Soumyananda Dinda

    (Chandragupt Institute of Management Patna, E-mail: s.dinda@cimp.ac.in, sdinda2000@yahoo.co.in, & sdinda@gmail.com)

Abstract

This study focuses on trade opportunities of climate smart goods and technologies (CSGT) in Asia. Paper mainly highlights the export gaps for climate smart goods and technologies (CSGT) in Asia and identifies the trade opportunities among trade partners in intraregional and interregional. Applying the gravity model we estimate the export gap for the CSGT as the difference between the actual bilateral export flow and the mean value predicted by the model. In other words, ‘export gap’ is the difference between the actual and predicted export value. There is a scope to increase the export of climate smart goods and technologies with trading partners when the actual trade is below the predicted value ( i.e., negative value of the export gap). This gap actually provides the opportunity to raise the trade and attracting investment in CSGT sector and thereby development takes place. This paper also identifies the export gaps in CSGT for each regional member in its trade with partners within the region, EU, and North America (i.e., the US and Canada). This study contributes to the empirical literature in terms of measuring and identifying the potential trade opportunity of CGST in Asia. The paper also suggests that the climate smart export-led growth model is still valid in emerging Asian countries.

Suggested Citation

  • Soumyananda Dinda, 2011. "Trade Opportunities for Climate Smart Goods and Technologies in Asia," Working Papers 2011/16, Maastricht School of Management.
    • Handle: RePEc:msm:wpaper:2011/16
    as

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    References listed on IDEAS

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    Cited by:

    1. Soumyananda Dinda, 2014. "Climate Change: An Emerging Trade Opportunity in South Asia," South Asian Journal of Macroeconomics and Public Finance, , vol. 3(2), pages 221-239, December.
    2. Soumyananda Dinda, 2014. "A theoretical basis for green growth," International Journal of Green Economics, Inderscience Enterprises Ltd, vol. 8(2), pages 177-189.
    3. Dinda, Soumyananda, 2018. "Growing Potential Business opportunity for Climate Friendly Goods and Technologies in Asia since 1997," MPRA Paper 93238, University Library of Munich, Germany, revised 2018.
    4. Dinda, Soumyananda, 2018. "Climate Friendly Goods and Technology Trade: Climate Mitigation Strategy of India," MPRA Paper 93031, University Library of Munich, Germany, revised 2018.
    5. Dinda, Soumyananda, 2013. "Climate Change Creates Trade Opportunity in India," MPRA Paper 50636, University Library of Munich, Germany, revised 14 Oct 2013.
    6. Dinda, Soumyananda, 2011. "Climate Change and Development: Trade Opportunities of Climate Smart Goods and Technologies in Asia," MPRA Paper 34883, University Library of Munich, Germany, revised Nov 2011.
    7. Dinda, Soumyananda, 2013. "Inclusive Green Growth and Sustainable Development through Productive Consumption," MPRA Paper 50574, University Library of Munich, Germany, revised 09 Sep 2013.
    8. Dinda, Soumyananda, 2011. "Climate Change, Trade, and Competitiveness: Climate Trade Performance of India, SAARC and Asia Pacific Region," MPRA Paper 59423, University Library of Munich, Germany, revised 17 Aug 2014.

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    More about this item

    Keywords

    Bilateral trade flow; Climate Smart Goods and Technologies; Export; Gravity model; Export gap; Potential Trade; Asia.;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • F18 - International Economics - - Trade - - - Trade and Environment
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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