Trade in environmental goods an assessment in computed general equilibrium for Argentina at the product level (HS6)

The recent concerns about the relationship between trade and the environment, and particularly those framed in the multilateral / plurilateral negotiations (WTO) and in the environmental commitments (Paris Agreement) for the climate change mitigation, motivate the search for opportunities and risks...

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Autor principal: Ramos, María Priscila
Formato: Artículo publishedVersion
Lenguaje:Español
Publicado: Instituto Interdisciplinario de Economía Política (IIEP UBA-CONICET) 2018
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Acceso en línea:https://ojs.economicas.uba.ar/DT-IIEP/article/view/2522
https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=dociiep&d=2522_oai
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Sumario:The recent concerns about the relationship between trade and the environment, and particularly those framed in the multilateral / plurilateral negotiations (WTO) and in the environmental commitments (Paris Agreement) for the climate change mitigation, motivate the search for opportunities and risks in the trade of environmental goods for Argentina. To reach this purpose, the trade and protection structure of Argentina are analyzed under the public lists of environmental goods (EGS). The state of the art suggests that achieving the triple-win objective trade, development and the environment, depends on the composition of the lists of products to be liberalized, the modalities of improving market access and the markets structures conditions. In this context, Argentina could find some interest in actively participating, both as an exporter of some environmental products as well as in its role as importer, for example, of high technology that contribute in terms of energy efficiency. In order to evaluate the impact of a trade agreement on EGS, a computed general equilibrium model for Argentina has been developed and calibrated using the Social Accounting Matrix built for 2016. Trade has been modeled at HS6 product level using CEPII data (BACI 2015, MAcMapsHS6 2013) in its calibration. The main results show that Argentina’s passivity in the negotiations of EGS limits the commercial and welfare gains, but also the risks, given that in the aggregate and in the long term there is no optimistic scenario. However, a trade agreement on EGS could create commercial opportunities for some sectors, particularly for automobiles and parts, chemicals and plastics, measuring instruments and machinery, depending on the list of EGS considered for the agreement. All lists of EGS, with the exception of the list of environmentally preferable goods (EPPs) of UNCTAD that intensifies the agro-export pattern, create intra-industry trade in the aforementioned manufacturing sectors.