Unraveling the Worldwide Pollution Haven Effect /

Grether, Jean-Marie

Unraveling the Worldwide Pollution Haven Effect / Jean-Marie Grether, Nicole A Mathys and Jaime de Melo - Washington, D.C. : World Bank, 2006. - 24 p. ; 23 cm. - Policy research working paper ; 4047 .

Title from PDF file as viewed on 2/7/2006.

Includes bibliographical references.

"The Middle East and North Africa (MENA) region's trade performance over the past two decades has been disappointing. Efforts to boost trade through a plethora of regional trade agreements (RTAs) are underway. This study examines the potential contribution of regional trade agreements, as well as trade facilitation improvements, in enhancing the development prospects of the region. Using the Global Trade Analysis Project (GTAP) model and database, both intra-regional integration and integration with the European Union are observed to have a favorable impact on welfare in the MENA region. The welfare gains from integrating with the European Union are observed to be at least twice as much as intra-regional integration. Furthermore, these welfare gains are observed to at least triple when the implementation of the RTAs is complemented with trade facilitation improvements. "--World Bank web site.




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2005399842


Environmental policy
Pollution--Econometric models

HG3881.5.W57

363.73 / GRU 2006

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