1. 区域贸易协定环境条款深度对出口的影响 --来自"一带一路"沿线国家的证据.
- Author
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许统生 and 蒋玉莲
- Subjects
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COMMERCIAL treaties , *ENVIRONMENTAL indicators , *TRADE negotiation , *FREE trade , *ECONOMIC development , *TECHNOLOGICAL innovations - Abstract
The inclusion of environmental provisions in regional trade agreements is conducive to protecting the environment, but it may also inhibit trade liberalization. How to protect the environment and promote trade development deserves further study. This paper used the regional trade agreements signed and entered into force as well as bilateral export data from 67 countries along the Belt and Road from 1995 to 2018, and innovatively constructed and quantified three indicators of the depth of environmental provisions according to the classification of environmental provisions in the TREND database. The study also constructed a high-dimensional fixed-effect model and empirically tested the impact of the depth of these environmental provisions on exports by PPML estimation. The results showed that: ①The total depth, core depth, and enforcement of environmental provisions had a significant inhibitory effect on export trade, and the depth of environmental provisions with enforceability had a greater inhibitory effect on exports. ②This conclusion was still valid after considering potential endogenous problems and conducting a series of robustness tests, such as re-measuring core explanatory variables and dividing sample intervals. ③Heterogeneity analysis found that increasing the depth of environmental provisions only significantly inhibited exports in the samples of' South-North' and' North-South' countries and the export share of dirty products, but the impact of specific clauses on export trade varied greatly. ④Mechanism testing showed that the depth of environmental provisions inhibited exports mainly by increasing production costs and inhibiting technological innovation. ⑤Further extended analysis showed that there was an inverted-N relationship between the depth of environmental provisions measured by quantity and exports, and the gap in domestic environmental regulations in member countries would strengthen the export inhibition effect of environmental provisions. This paper provides policy implications for promoting trade development and environmentally friendly and high-quality construction of the Belt and Road Initiative in countries along the Belt and Road. These countries can appropriately increase the depth of environmental provisions in future negotiations for signing new RTAs or upgrading existing RTAs, and give full play to the' innovative compensation effect' of environmental provisions. At the same time, they should actively expand regional trade agreements, give priority to countries with similar economic development levels, and focus on the specific clauses of RTA environmental provisions in future trade agreement negotiations. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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