본문 바로가기
  • Home

An analysis on the relationship between the environmental regulation and the export specialization pattern in renewable energy industry

BONGSUK SUNG 1

1우송대학교

Accredited

ABSTRACT

In this paper, I examine whether stringent environmental standards increase the international competitiveness of renewable energy industries named porter hypothesis using dataset of trade flows of renewable energy goods disaggregated at the six-digit of Harmonized Commodity Description and Coding System, by performing export specialization patterns analysis and constant market share analysis. The data relate 1995-2007 and cover 40 countries, accounting for nearly 94.1% of world exports of the world exports of renewable energy goods in 2007. The results indicates that porter hypothesis, in general, is supported by the data in most countries in 1995 and 2007, showing that the number of and the export share of products transferred from comparative advantage position to comparative disadvantage position are more than those of the opposite, despite the increase of environmental standards in most countries in the period time. It suggests that the introduction of stringent environmental standards increase the international competitiveness of renewable energy goods in the light of the available data. However, further study on establishment of the model to support the results and further empirical analysis based on the model are needed to be performed.

Citation status

* References for papers published after 2022 are currently being built.