| Popis: |
Sustainable Development is the prime concern in development policy making all around the world. Environmental Goods and Services (EGS) play a vital role in sustainable development. Increasing access to and use of EGS can help in reducing air and water-pollution, improving energy and resource-efficiency and facilitating solid waste disposal. Trade liberalization of environmental goods helps promote sustainable economic development by generating economic growth and employment and enabling the transfer of valuable skills, technology, and know-how embedded in such goods and services. This paper focuses on the impact of environmental goods imports on the environment and on the importance of liberalizing trade in environmental goods and services in the context of Bangladesh. The Environmental Kuznets Curve (EKC) along with some other factors as control variables are used to analyze the effect on air pollution of the changes in the share of environmental goods in total imports. This is examined using panel data econometric approach for 72 Countries for the years 1995-2010. Westerlund Error Correction Model panel Cointegration tests are carried out. The findings show that an increase in imports of EGS reduces air pollution. |
