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The impact of environmental regulations on world grain trade

✍ Scribed by Siva Rama Krishna Valluru; E. Wesley F. Peterson

Publisher
John Wiley and Sons
Year
1997
Tongue
English
Weight
104 KB
Volume
13
Category
Article
ISSN
0742-4477

No coin nor oath required. For personal study only.

✦ Synopsis

International trade and global environmental protection have become the objects of intense debate. One aspect of this debate concerns the effects of environmental regulations on international competitiveness. In this article, the impact of environmental regulations on grain trade patterns is examined using Heckscher-Ohlin-Vanek (HOV) equations in which net trade is explained by relative factor endowments. The HOV equations are extended to include proxies for environmental regulations which are tested for significance. The results indicate that grain trade patterns are well explained by national factor endowments. Environmental regulations appear to have little impact on comparative advantage in grains.

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