We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Impacts of Trade and the Environment on Clustered Multilateral Environmental Agreements.
- Authors
H. Egger, Peter; Jessberger, Christoph; Larch, Mario
- Abstract
Many countries align their environmental policy and environmental regulation by way of multilateral environmental agreements ( MEAs). Previous work in economics provided insights in the economic and political determinants of MEAs at large. This paper distinguishes MEAs by the main issues covered and classifies them in five clusters: biodiversity; atmosphere; land; chemicals and hazardous wastes; and seas. Then the role of environmental, economic, and political factors and of dynamic and cross-cluster effects is studied at the level of MEA clusters. Two findings stand out from this empirical analysis. First, economic size and multilateral trade liberalisation of countries are found to be the most important drivers of MEA participation across all clusters. Second, adjustment costs turn out to deter and, in particular, cross-cluster spillovers turn out to stimulate MEA participation across countries and clusters.
- Subjects
INTERNATIONAL trade; INTERNATIONAL economic relations; CENTER for International Earth Science Information Network (Organization); FOREIGN investments; BIODIVERSITY; ATMOSPHERE; HAZARDOUS wastes; SEAS
- Publication
World Economy, 2013, Vol 36, Issue 3, p331
- ISSN
0378-5920
- Publication type
Article
- DOI
10.1111/twec.12054