Effects of trade openness on environmental quality: evidence from developing countries

Submitted by Luat Do on
EfD Authors:

This paper uses the Bayesian model averaging approach to investigate the effects of trade openness on environmental quality in 64 selected developing countries for the period of 2003–2017. We find no evidence of a statistically significant effect of trade openness on environmental pollution in our sampled developing countries; however, our results show weak support for the pollution haven hypothesis.

Climate Change, Policy Design

Thermal stress and financial distress: Extreme temperatures and firms’ loan defaults in Mexico

Submitted by Petra Hansson on

Highlights

  • Extreme weather events increase credit delinquency rates for SMEs in Mexico.
  • The effects of extreme heat are more pronounced in the agricultural sector.
  • General equilibrium impacts expand to other sectors in agricultural regions.
Agriculture, Climate Change