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Climate Change and Development: Trade Opportunities of Climate Smart Goods and Technologies in Asia

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  • Dinda, Soumyananda

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.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 34883.

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Date of creation: Aug 2011
Date of revision: Nov 2011
Handle: RePEc:pra:mprapa:34883

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Keywords: Climate Change; Business and Development; Bilateral trade flow; Climate Smart Goods and Technologies; Gravity model; Export gap; Potential Trade; China; India; Asia;

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Cited by:
  1. Dinda, Soumyananda, 2013. "Climate Change Creates Trade Opportunity in India," MPRA Paper 50636, University Library of Munich, Germany, revised 14 Oct 2013.

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