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Convergence in pollution terms of trade

Author

Listed:
  • Satoshi Honma
  • Yushi Yoshida

    () (Faculty of Economics, Shiga University)

Abstract

By implementing the world input-output tables for 40-countries by 35-industries to account for intermediate trade, we constructed the pollution terms of trade (PTT) on the basis of CO2 emissions between 1995 and 2009. We examine whether the PTTs have converged among the 40 countries in the past 15 years. The empirical evidence supports PTT convergence; PTT growth is negatively related to its initial level, and this empirical result is robust to various control variables.

Suggested Citation

  • Satoshi Honma & Yushi Yoshida, 2018. "Convergence in pollution terms of trade," Discussion Papers CRR Discussion Paper Series A: General 48, Shiga University, Faculty of Economics,Center for Risk Research.
  • Handle: RePEc:shg:dpapea:29
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    References listed on IDEAS

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    More about this item

    Keywords

    World input-output table; International trade; Pollution haven hypothesis; Pollution terms of trade;

    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment

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