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Globalization and the Environment

Author

Listed:
  • Brian R. Copeland
  • Joseph S. Shapiro
  • M. Scott Taylor

Abstract

How should international economic policy address climate change? Does trade cause deforestation and endangered species depletion? How does globalization affect air and water pollution? Do trade and investment create a race to the bottom in environmental policy? How important are environmental impacts of transporting goods? We review theory and empirical work linking international trade and the environment with a focus on recent work and methods. We discuss the literature linking trade to local and global pollutants, the impact of emissions from transportation, the effect of trade on the sustainability of renewable resources, and the interaction between trade and climate policy. To shape our review, we present nine new stylized facts that, together with our review of past work, highlight questions for future research.

Suggested Citation

  • Brian R. Copeland & Joseph S. Shapiro & M. Scott Taylor, 2021. "Globalization and the Environment," NBER Working Papers 28797, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberwo:28797
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    Cited by:

    1. Mahlkow, Hendrik & Wanner, Joschka, 2022. "The Carbon Footprint of Global Trade Imbalances," Conference papers 333482, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    2. Shinsuke Tanaka & Kensuke Teshima & Eric Verhoogen, 2022. "North-South Displacement Effects of Environmental Regulation: The Case of Battery Recycling," American Economic Review: Insights, American Economic Association, vol. 4(3), pages 271-288, September.
    3. Kannen, Peter & Semrau, Finn Ole & Steglich, Frauke, 2021. "Green gifts from abroad? FDI and firms' green management," Kiel Working Papers 2200, Kiel Institute for the World Economy (IfW Kiel).
    4. Santeramo, Fabio & Ferrari, Emanuele & Toreti, Andrea, 2021. "Achieving Climate Change and Environmental Goals without Protectionist Measures: Mission (Im)possible?," 2021: Trade and Environmental Policies: Synergies and Rivalries, December 12-14, San Diego, CA, Hybrid 339403, International Agricultural Trade Research Consortium.
    5. Sorroche-del-Rey, Yolanda & Piedra-Muñoz, Laura & Galdeano-Gómez, Emilio, 2023. "Interrelationship between international trade and environmental performance: Theoretical approaches and indicators for sustainable development," MPRA Paper 119918, University Library of Munich, Germany.
    6. Anderson, Kym, 2022. "Trade-related food policies in a more volatile climate and trade environment," Food Policy, Elsevier, vol. 109(C).
    7. Jevan Cherniwchan & Nouri Najjar, 2021. "Free Trade and the Formation of Environmental Policy: Evidence from US Legislative Votes," Carleton Economic Papers 21-11, Carleton University, Department of Economics, revised 24 Feb 2022.
    8. Unfried, Kerstin & Wang, Feicheng, 2022. "Importing Air Pollution? Evidence from China's Plastic Waste Imports," IZA Discussion Papers 15218, Institute of Labor Economics (IZA).
    9. Ge, Muyang & Akhundjanov, Sherzod B. & Edwards, Eric C. & Oladi, Reza, 2022. "Left in the Dust? Environmental and Labor Effects of Rural-Urban Water Sales," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322196, Agricultural and Applied Economics Association.
    10. Akihiko Yanase & Keita Kamei, 2022. "Dynamic Game of International Pollution Control with General Oligopolistic Equilibrium: Neary Meets Dockner and Long," Dynamic Games and Applications, Springer, vol. 12(3), pages 751-783, September.

    More about this item

    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • Q27 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Issues in International Trade

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