초록 열기/닫기 버튼
Debate on the effect of increasing number of multilateral convention on environment and environmental protection policy to international trade and national productivity have become prominent in the environmental trade literature. There are more than 220 multilateral convention and forty new environmental trade barriers have been imposed over the last decade and many of convention and regulation could impact on international trade. Export oriented countries such as India, China, Taiwan, and Korea may have difficulties to their national export and their environmental protection expenditure have been increased. Thus, this research have been explored the relationship between effectuation of most effective multilateral convention on environment and increasing environmental protection expenditure and export volume of five major export industries. The Basel Convention, Montreal Protocol, and UN Framework Convention will be tested as most effective multilateral convention on environment to export. With Korean time series data ranging from 1976 through 2004, the estimation results show that effectuation of most effective multilateral convention on environment and increasing environmental protection expenditure may increase trade volume on five major industries. Some researchers argue that introducing stringent environmental policies could promote export growth by introducing and transferring more efficient production technologies and it makes industries more competitive. These findings are comparatively robust for petrochemistry and electronic and electricity industry, but less do for textile, steel, and transport equipment industry.
키워드열기/닫기 버튼
Multilateral convention on the environment, Environmental protection Expenditures, Productivity, Industry export
