The Impact of Kyoto Protocol on Environment Quality in the Free Trade Era: The Case of G20 Countries
The impact of trade openness on environment is not easy to be figured out. The scale and technique effects of trade tend to have opposite direction, while the composition effect depends on the “comparative advantage” of a country. One way to avoid the world's emission level is the ratification...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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EconJournals
2017-06-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | http://mail.econjournals.com/index.php/ijefi/article/view/4346 |
| _version_ | 1797911764185120768 |
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| author | Puspaning Buanawaty Fithra Faisal Hastiadi |
| author_facet | Puspaning Buanawaty Fithra Faisal Hastiadi |
| author_sort | Puspaning Buanawaty |
| collection | DOAJ |
| description |
The impact of trade openness on environment is not easy to be figured out. The scale and technique effects of trade tend to have opposite direction, while the composition effect depends on the “comparative advantage” of a country. One way to avoid the world's emission level is the ratification of Kyoto Protocol in 1997. This study aims to analyze the impact of trade openness and Kyoto Protocol on CO2 emission level. This research employs macroeconomics data in G20 countries from 1996 to 2008 by using OLS with gravity instrument variable model from G20 countries trade flows. The estimation results indicate that trade openness has positive and significant effect on CO2 emissions level. Meanwhile, Kyoto Protocol has insignificant effect on CO2 emissions level, thereby signifying the ineffectiveness of the Protocol's implementation.
Keywords: trade openness; Kyoto Protocol; CO2 emissions.
JEL Classifications: F18, F53, Q54
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| first_indexed | 2024-04-10T11:45:48Z |
| format | Article |
| id | doaj.art-0d3f8df7c21f45978496869757b95393 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T11:45:48Z |
| publishDate | 2017-06-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-0d3f8df7c21f45978496869757b953932023-02-15T16:17:21ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382017-06-0173The Impact of Kyoto Protocol on Environment Quality in the Free Trade Era: The Case of G20 CountriesPuspaning Buanawaty0Fithra Faisal Hastiadi1Universitas IndonesiaUniversitas Indonesia The impact of trade openness on environment is not easy to be figured out. The scale and technique effects of trade tend to have opposite direction, while the composition effect depends on the “comparative advantage” of a country. One way to avoid the world's emission level is the ratification of Kyoto Protocol in 1997. This study aims to analyze the impact of trade openness and Kyoto Protocol on CO2 emission level. This research employs macroeconomics data in G20 countries from 1996 to 2008 by using OLS with gravity instrument variable model from G20 countries trade flows. The estimation results indicate that trade openness has positive and significant effect on CO2 emissions level. Meanwhile, Kyoto Protocol has insignificant effect on CO2 emissions level, thereby signifying the ineffectiveness of the Protocol's implementation. Keywords: trade openness; Kyoto Protocol; CO2 emissions. JEL Classifications: F18, F53, Q54 http://mail.econjournals.com/index.php/ijefi/article/view/4346 |
| spellingShingle | Puspaning Buanawaty Fithra Faisal Hastiadi The Impact of Kyoto Protocol on Environment Quality in the Free Trade Era: The Case of G20 Countries International Journal of Economics and Financial Issues |
| title | The Impact of Kyoto Protocol on Environment Quality in the Free Trade Era: The Case of G20 Countries |
| title_full | The Impact of Kyoto Protocol on Environment Quality in the Free Trade Era: The Case of G20 Countries |
| title_fullStr | The Impact of Kyoto Protocol on Environment Quality in the Free Trade Era: The Case of G20 Countries |
| title_full_unstemmed | The Impact of Kyoto Protocol on Environment Quality in the Free Trade Era: The Case of G20 Countries |
| title_short | The Impact of Kyoto Protocol on Environment Quality in the Free Trade Era: The Case of G20 Countries |
| title_sort | impact of kyoto protocol on environment quality in the free trade era the case of g20 countries |
| url | http://mail.econjournals.com/index.php/ijefi/article/view/4346 |
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