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Impacts of Trade and the Environment on Clustered Multilateral Environmental Agreements

Title data

Egger, Peter ; Jeßberger, Christoph ; Larch, Mario:
Impacts of Trade and the Environment on Clustered Multilateral Environmental Agreements.
In: The World Economy. Vol. 36 (2013) Issue 3 . - pp. 331-348.
ISSN 1467-9701
DOI: https://doi.org/10.1111/twec.12054

Abstract in another language

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.

Further data

Item Type: Article in a journal
Refereed: Yes
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VI: Empirical Economic Research
Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VI: Empirical Economic Research > Chair Economics VI: Empirical Economic Research - Univ.-Prof. Dr. Mario Larch
Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics
Result of work at the UBT: Yes
DDC Subjects: 300 Social sciences > 330 Economics
Date Deposited: 14 Oct 2015 13:00
Last Modified: 02 May 2016 07:21
URI: https://eref.uni-bayreuth.de/id/eprint/16635