When confronted with ecological challenges,trading ecologically friendly products involving renewable technologies,green management practices,and effluent treatment methods could alleviate ecological degradation on a ...When confronted with ecological challenges,trading ecologically friendly products involving renewable technologies,green management practices,and effluent treatment methods could alleviate ecological degradation on a global scale while considering the macroeconomic policy framework.Therefore,this study determines the effectiveness of fiscal and monetary policy instruments in moderating the relationship between green trade openness(i.e.,trade in environmentally related products)and ecological sustainability.Applying panel quantile regression on data from 20 OECD members from 2003 to 2016,we found that green trade openness supports ecological sustainability through a gains-from-trade approach.Concerning moderation effects,expenditure-driven fiscal expansion reinforces the favorable influence of green trade openness on ecological sustainability across ecologically less/moderately efficient economies,while it does the reverse for ecologically more efficient members.Taxation-driven fiscal contraction promotes ecological sustainability amelioration impact of green trade openness for economies with belowaverage ecological quality and remains neutral for those with average/above-average ecological quality.Besides,interest rate-driven monetary contraction proliferates the ecological sustainability enhancement effect of green openness.We suggest that the fiscal and monetary policies demand unambiguous coordination with the OECD’s trade policy structure for optimal environmental outcomes of trading in environmental products.These insights would help OECD’s green trade policies gain momentum to facilitate the attainment of the Climate Action agenda of the United Nations’Sustainable Development Goals.展开更多
With the worsening of environment, many countries pay more attention to the environmental protection. Green （organic） trade barrier gradually attracts more attention to the non-tariff barrier in the international tr...With the worsening of environment, many countries pay more attention to the environmental protection. Green （organic） trade barrier gradually attracts more attention to the non-tariff barrier in the international trade. However, according to the economic levels of different countries, great differences exist in environment standards of these countries which resulted in the appearance of green trade barriers as trade protection. This study classified the connotations and characteristics of green trade barrier, gave the descriptions on the development and type of green trade barrier, and analysed the influences on China＇s export and put forward some countermeasures which aimed at stimulating the development of our foreign trade.展开更多
With their advantages in the field of environmental protection, by means of combining trade in the WTO andenvironmental protection, many countries and territories have laid down the principle of "the green trade ...With their advantages in the field of environmental protection, by means of combining trade in the WTO andenvironmental protection, many countries and territories have laid down the principle of "the green trade barrier", whichconstitutes a serious challenge against our produce export. It is hypothesized that the basic solution to the barrier is thereplacement of the conventional agricultural mode with the recycling agriculture mode, whereby implementations and mea-sures of the new mode are put forward,展开更多
基金the National Social Science Foundation of China(Grant No.21BJY226).
文摘When confronted with ecological challenges,trading ecologically friendly products involving renewable technologies,green management practices,and effluent treatment methods could alleviate ecological degradation on a global scale while considering the macroeconomic policy framework.Therefore,this study determines the effectiveness of fiscal and monetary policy instruments in moderating the relationship between green trade openness(i.e.,trade in environmentally related products)and ecological sustainability.Applying panel quantile regression on data from 20 OECD members from 2003 to 2016,we found that green trade openness supports ecological sustainability through a gains-from-trade approach.Concerning moderation effects,expenditure-driven fiscal expansion reinforces the favorable influence of green trade openness on ecological sustainability across ecologically less/moderately efficient economies,while it does the reverse for ecologically more efficient members.Taxation-driven fiscal contraction promotes ecological sustainability amelioration impact of green trade openness for economies with belowaverage ecological quality and remains neutral for those with average/above-average ecological quality.Besides,interest rate-driven monetary contraction proliferates the ecological sustainability enhancement effect of green openness.We suggest that the fiscal and monetary policies demand unambiguous coordination with the OECD’s trade policy structure for optimal environmental outcomes of trading in environmental products.These insights would help OECD’s green trade policies gain momentum to facilitate the attainment of the Climate Action agenda of the United Nations’Sustainable Development Goals.
基金Heilongjiang Province Humanity Social Science F (10552015)
文摘With the worsening of environment, many countries pay more attention to the environmental protection. Green （organic） trade barrier gradually attracts more attention to the non-tariff barrier in the international trade. However, according to the economic levels of different countries, great differences exist in environment standards of these countries which resulted in the appearance of green trade barriers as trade protection. This study classified the connotations and characteristics of green trade barrier, gave the descriptions on the development and type of green trade barrier, and analysed the influences on China＇s export and put forward some countermeasures which aimed at stimulating the development of our foreign trade.
文摘With their advantages in the field of environmental protection, by means of combining trade in the WTO andenvironmental protection, many countries and territories have laid down the principle of "the green trade barrier", whichconstitutes a serious challenge against our produce export. It is hypothesized that the basic solution to the barrier is thereplacement of the conventional agricultural mode with the recycling agriculture mode, whereby implementations and mea-sures of the new mode are put forward,
