Globalization and the Environment

Brian Copeland (), Joseph Shapiro and M. Scott Taylor

No 28797, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: How should international economic policy address climate change? Does trade cause deforestation and endangered species depletion? How does globalization affect air and water pollution? Do trade and investment create a race to the bottom in environmental policy? How important are environmental impacts of transporting goods? We review theory and empirical work linking international trade and the environment with a focus on recent work and methods. We discuss the literature linking trade to local and global pollutants, the impact of emissions from transportation, the effect of trade on the sustainability of renewable resources, and the interaction between trade and climate policy. To shape our review, we present nine new stylized facts that, together with our review of past work, highlight questions for future research.

JEL-codes: F18 H23 Q27 (search for similar items in EconPapers)
Date: 2021-05
New Economics Papers: this item is included in nep-agr, nep-ene, nep-env, nep-int and nep-res
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