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Handbook of Environmental and Sustainable Finance
book

Handbook of Environmental and Sustainable Finance

by Vikash Ramiah, Greg N. Gregoriou
October 2015
Beginner to intermediate content levelBeginner to intermediate
510 pages
17h 34m
English
Academic Press
Content preview from Handbook of Environmental and Sustainable Finance
Chapter 10

Will TAFTA Be Good or Bad for the Environment?

Dhimitri Qirjo,  and Robert Christopherson     Department of Economics & Finance, School of Business & Economics, The State University of New York at Plattsburgh, Plattsburgh, NY, USA

Abstract

Using cross-sectional panel data, for 23 European Union members and the United States over the 1995–2010 time period, we show robust empirical evidence of a positive effect of trade liberalization, such as the implementation of Trans-Atlantic Free Trade Agreement (TAFTA), on carbon dioxides and nitrogen oxides per capita emissions. We provide statistically significant evidence of an inverted U-shaped curve between per capita income and greenhouse gases (GHGs) emissions per capita. We find a negative ...

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Publisher Resources

ISBN: 9780128036464