Trade Liberalisation, Economic Growth and Environmental Externalities (eBook)
XVI, 182 Seiten
Springer Singapore (Verlag)
978-981-10-2887-8 (ISBN)
The book examines the trade liberalization measures, which were initiated in India during 1991 and which focused on manufacturing industries. This industry was considered because of its strong inter-sectoral links and its capacity to stimulate the growth of other sectors. The resulting liberal trade policies, involving a reduction in trade barriers and inflows of FDI, capital and technologies, were adopted to increase the manufacturing output. However, these measures were most beneficial to those industries whose products have greater demand in developed countries. Against this backdrop, the book breaks down the overall effect of trade-induced manufacturing growth into scale, composition and technique effects to discuss the impact on environmental externality. In addition to manufacturing activity, it also investigates the effect of other factors that improve with economic growth and examines the extent to which India's trade-led economic growth allows production activities to move to cleaner technologies and whether India has achieved its economic growth by specializing in pollution-intensive (low technology) industries. The book also estimates the impact of these environmental externalities on society's wellbeing.
Hansa Jain is Associate Professor of Economics at Sardar Patel Institute of Economic and Social Research, Ahmedabad. She has over two decades of experience in teaching and research. She has held visiting positions in some of the Indian universities as well as institutes. Her research work focuses on economic growth, international trade, environment, regional disparities and socio-economic development. She has also evaluated many government level schemes on development. Her research work is published in well-known journals of national and international importance and she has also authored two books.
The book examines the trade liberalization measures, which were initiated in India during 1991 and which focused on manufacturing industries. This industry was considered because of its strong inter-sectoral links and its capacity to stimulate the growth of other sectors. The resulting liberal trade policies, involving a reduction in trade barriers and inflows of FDI, capital and technologies, were adopted to increase the manufacturing output. However, these measures were most beneficial to those industries whose products have greater demand in developed countries. Against this backdrop, the book breaks down the overall effect of trade-induced manufacturing growth into scale, composition and technique effects to discuss the impact on environmental externality. In addition to manufacturing activity, it also investigates the effect of other factors that improve with economic growth and examines the extent to which India's trade-led economic growth allows production activities to move to cleaner technologies and whether India has achieved its economic growth by specializing in pollution-intensive (low technology) industries. The book also estimates the impact of these environmental externalities on society's wellbeing.
Hansa Jain is Associate Professor of Economics at Sardar Patel Institute of Economic and Social Research, Ahmedabad. She has over two decades of experience in teaching and research. She has held visiting positions in some of the Indian universities as well as institutes. Her research work focuses on economic growth, international trade, environment, regional disparities and socio-economic development. She has also evaluated many government level schemes on development. Her research work is published in well-known journals of national and international importance and she has also authored two books.
List of Tables, Figures and Appendices
Preface
List of Abbreviations
Introduction
Trade Liberalization and Economic Growth
Trade-induced Growth and Environmental Externalities: Emerging Issues in Developing Economies
Conceptual Framework
Statement of the Problem
Objectives of the Study
Hypothesis
Scope and Coverage
Plan of the Study
Review of Existing Literature
Studies on Trade Liberalization led Economic Growth
Studies Related to Liberalized Policies and Its Environmental Implications
Studies on Growth-Environment Nexus
Studies on Market Economy, Property Rights and Environmental Externalities
Conclusion Methodology
Macro Level Approach
Micro Level Approach
Trade Liberalization Process and India’s Growth Experiences
Trade Liberalization Process in India
Tariff Policy in India Since 1991
Foreign Direct Investment in India: Trends and Patterns
Foreign Technology Transfers
India’s International Trade Experiences (Since 1991)
India’s Trade Liberalization and Economic Growth
Conclusion
Changing Structure of Indian Manufacturing Industries
Growth Pattern of Indian Manufacturing Industries in the Liberalized Era
Structural Changes at Industry Level
Trade Liberalization, Trade Orientation and Comparative Advantage
Interrelationship between Trade Liberalization, Trade Orientation and Comparative Advantage
Conclusion
Trade Liberalization, Manufacturing Growth and Environmental Externalities
Manufacturing Growth and Pollution Concentration in India
Relation between Manufacturing Output and Pollution Loads at Industry Level
Estimation of the Impact of Manufacturing growth on Environmental Externalities
Conclusion
Environmental Externality and Well Being: A Micro Level Approach with a Focus on Gujarat
Status of Gujarat in India
Sample Characteristics
Household’s Awareness about Industrial Emission
Respondent’s Opinion about the Impact of Industrial Pollution
Estimated Results of Ordinary Logit Model
Conclusion
Summary, Conclusion and Policy Implications Summary
Conclusion
Policy Implications
Annexures (Questionnaire)
Annexures (Tables)
References
Erscheint lt. Verlag | 20.12.2016 |
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Zusatzinfo | XVI, 182 p. 13 illus., 6 illus. in color. |
Verlagsort | Singapore |
Sprache | englisch |
Themenwelt | Sozialwissenschaften ► Politik / Verwaltung |
Technik | |
Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie | |
Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik | |
Schlagworte | Economic Growth • Environmental Externalities • Manufacturing Industries • Pollution Loads • trade liberalization |
ISBN-10 | 981-10-2887-7 / 9811028877 |
ISBN-13 | 978-981-10-2887-8 / 9789811028878 |
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