Impacts of Regulating Greenhouse Gas Emissions on Livestock Trade Flows
The policies that regulate greenhouse gas emissions would provide a significant burden to emission industries as well as final consumers, which can lead to a strong influence on international trade flows of commodities. This study examines the impact of regulating greenhouse gas emissions on livestock trade flows using a commodity specific gravity model approach. This study finds that regulating greenhouse gas emissions has a negative effect on livestock trade flows from countries restricting greenhouse gas emissions to unrestricting countries, from restricting to restricting countries, and from unrestricting to restricting countries.
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