Open Trade Policies: Filthy Fog of the Future?
Submission Type
Event
Expected Graduation Date
2014
Location
Room E104, Center for Natural Sciences, Illinois Wesleyan University
Start Date
4-12-2014 11:00 AM
End Date
4-12-2014 12:00 PM
Disciplines
Economics
Abstract
This paper focuses on the relationships between open trade, environmental policies, and greenhouse gas exposures between the United States, Canada, and Mexico. Trade theory posits that opening trade will increase a country’s gross national product. Furthermore, because of less government regulations in underdeveloped countries, it is predicted that for every increase in GDP in Mexico, there could also be an increase in air pollutants. This study focuses on CO2, NOx, N20, and CF3 emissions (the major greenhouse gas emission) in three countries (Canada, Mexico and the United States) between 1980 and 2008. An OLS regression is employed to measure the impact that increases in GDP and political decisions (i.e. NAFTA and the Kyoto Protocol) can have on greenhouse gas emission. The results indicate that the first implementation of each policy has the largest impact on the environment and economic health of each country.
Open Trade Policies: Filthy Fog of the Future?
Room E104, Center for Natural Sciences, Illinois Wesleyan University
This paper focuses on the relationships between open trade, environmental policies, and greenhouse gas exposures between the United States, Canada, and Mexico. Trade theory posits that opening trade will increase a country’s gross national product. Furthermore, because of less government regulations in underdeveloped countries, it is predicted that for every increase in GDP in Mexico, there could also be an increase in air pollutants. This study focuses on CO2, NOx, N20, and CF3 emissions (the major greenhouse gas emission) in three countries (Canada, Mexico and the United States) between 1980 and 2008. An OLS regression is employed to measure the impact that increases in GDP and political decisions (i.e. NAFTA and the Kyoto Protocol) can have on greenhouse gas emission. The results indicate that the first implementation of each policy has the largest impact on the environment and economic health of each country.