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Convergence in pollution terms of trade

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  • Honma, Satoshi
  • Yoshida, Yushi

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.

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  • Honma, Satoshi & Yoshida, Yushi, 2017. "Convergence in pollution terms of trade," MPRA Paper 78810, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:78810
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    Cited by:

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    More about this item

    Keywords

    World input-output table; International trade; Pollution haven hypothesis; Pollution terms of trade;
    All these keywords.

    JEL classification:

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

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