Global Demand for U.S. Environmental Goods and Services

Brock Avery and Fred O. Boadu ()

Journal of Agricultural & Applied Economics, 2004, vol. 36, issue 1, pages 49-64

Abstract: This paper reports import demand elasticities for environmental goods and services (EGS) for the world in aggregate and for six world regions. The paper employs a pooled cross-section and time-series estimation procedure and makes per capita demand for EGS a function of economic, political, and structural factors. The results show that per capita incomes, exchange rates, political and economic freedoms, and debt, affect the demand for EGS. The results also show that demand for EGS is tied to the particular environmental problem facing a particular region. Exporters of EGS need to disaggregate world markets to better target products.

Keywords: environmental goods; demand elasticities; international trade (search for similar items in EconPapers)
JEL-codes: F18 F14 (search for similar items in EconPapers)

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