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Assessing the effects of trade openness on sustainable development: evidence from India

机译:评估贸易开放对可持续发展的影响:来自印度的证据

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Over the years, world market is integrating at much faster pace through increasing trade openness. Not being an unmixed blessing, consistent efforts have been made to examine impact of trade openness on economic, environmental and social welfare. This study is an attempt to empirically examine the implications of trade openness on sustainable development in India since liberalization policy 1991. We used the Autoregressive Distributed Lag (ARDL) model to test the relationship between sustainable development and trade openness along with other control variables that are supposed to affect sustainable development. The results established supports the opinion of environmentalists. The empirical results are contrary to the conventionally held belief, indicating that trade shares a negative correlation with green GDP growth and positive correlation with gap between conventional GDP and green GDP. These findings support the arguments that trade openness tend to be both distorting and detrimental to the future generations.
机译:多年来,世界市场正在通过增加贸易开放,以更快的步伐完全融入。没有成为未混合的祝福,已经做出了一致的努力来检查贸易开放对经济,环境和社会福利的影响。本研究试图自由化政策自由化政策自由化政策的贸易开放对印度可持续发展的影响。我们使用了自动发布分布式滞后(ARDL)模型来测试可持续发展与贸易开放之间的关系以及其他控制变量应该影响可持续发展。结果建立了环保主义者的意见。实证结果与常规持有的信念相反,表明贸易与绿色GDP生长和常规GDP与绿色GDP之间的差距呈现负相关性。这些调查结果支持贸易开放往往扭曲和对后代的扭曲和不利的论据。

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