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The effect of the Kyoto Protocol on international trade flows: evidence from G20 countries

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  • Hyun Seok Kim

Abstract

This study examines the effect of the Kyoto Protocol on trade using gravity model with a Quandt–Andrews test for detection of structural break with G20 countries data. The structural break on international trade took place in 2003 that is around 1 year after the adoption of the Marrakesh Accords which includes the detailed implementation rules of the Kyoto Protocol. According to estimation results, this study can support the negative effect of environmental regulations on trade flows.

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  • Hyun Seok Kim, 2016. "The effect of the Kyoto Protocol on international trade flows: evidence from G20 countries," Applied Economics Letters, Taylor & Francis Journals, vol. 23(13), pages 973-977, September.
    • Handle: RePEc:taf:apeclt:v:23:y:2016:i:13:p:973-977
    DOI: 10.1080/13504851.2016.1167820
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    Cited by:

    1. Jeremiás Máté Balogh & Giovanna Maria Borges Aguiar, 2022. "Determinants of Latin American and the Caribbean agricultural trade: A gravity model approach," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 68(4), pages 127-136.
    2. Sung Jin Kang & Sun Lee & Seon Ju Lee, 2021. "Impacts of Environmental Agreements on Bilateral Trade of Climate Industry," Energies, MDPI, vol. 14(21), pages 1-17, November.
    3. Trang My Tran, 2022. "International Environmental Agreement and Trade in Environmental Goods: The Case of Kyoto Protocol," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 83(2), pages 341-379, October.

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