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Global Demand for U.S. Environmental Goods and Services

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  • Avery, Brock
  • Boadu, Frederick O.

Abstract

This paper reports import demand elasticities for environmental goods and services (EGS) for the world in aggregate and for six world regions. The paper involves a pooled cross-section and time-series estimation procedure and makes per capita demand for EGS a function of economic, political, and structural factors. The results show that per capita incomes, exchange rates, political and economic freedoms, and debt affect the demand for EGS. The results also show that demand for EGS is tied to the particular environmental problem facing a particular region. Exporters of EGS need to disaggregate world markets to better target products.

Suggested Citation

  • Avery, Brock & Boadu, Frederick O., 2004. "Global Demand for U.S. Environmental Goods and Services," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 36(01), pages 1-16, April.
    • Handle: RePEc:ags:joaaec:42895
    DOI: 10.22004/ag.econ.42895
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    References listed on IDEAS

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    1. World Bank, 1987. "World Development Report 1987," World Bank Publications - Books, The World Bank Group, number 5970.
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    Cited by:

    1. Alain-Désiré Nimubona, 2010. "Pollution Policy and Liberalization of Trade in Environmental Goods," Working Papers 1004, University of Waterloo, Department of Economics, revised May 2010.
    2. Carl Gaigné & Lota D. Tamini, 2021. "Environmental Taxation and Import Demand for Environmental Goods: Theory and Evidence from the European Union," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 78(2), pages 307-352, February.
    3. Carl Gaigné & Lota-D Tamini, 2018. "Environmental regulation and eco-industry trade: Theory and evidence from the European Union," Working Papers hal-01941269, HAL.
    4. Solveig Delabroye, 2014. "The Eco-Industry and Trade Agreements," CIRANO Working Papers 2014s-45, CIRANO.
    5. Alain-Désiré Nimubona, 2012. "Pollution Policy and Trade Liberalization of Environmental Goods," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 53(3), pages 323-346, November.

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