Would economic growth affect air pollution in light of the potential transatlantic trade and investment partnership?

Dhimitri Qirjo () and Razvan Pascalau ()
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Razvan Pascalau: Department of Economics & Finance, SUNY Plattsburgh

International Economics and Economic Policy, 2021, vol. 18, issue 1, No 5, 127-156

Abstract: Abstract This paper examines the impact of income per capita on five air pollutants, respectively. It employs a dataset of the twenty-eight EU members and of the U.S. over a twenty-five-year period. The results provide robust evidence consistent with the Environmental Kuznets Curve argument for CO2, CH4, and HFCs/PFCs/SF6, respectively. The results yield practically a monotonically increasing relationship between per capita income and per capita emissions of GHGs and N2O, respectively, when including the trade variables related to the possible implementation of the Transatlantic Trade and Investment Partnership. Thus, this study suggests that policymakers in both sides of the Atlantic could take into consideration that a future trade deal between the U.S. and the EU may contribute to increasing the depletion of the ozone layer.

Keywords: Free trade; Environmental Kuznets curve; Air pollution. (search for similar items in EconPapers)
JEL-codes: F18 F53 Q56 (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/s10368-020-00481-3

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