Title: Is trade openness leading to sustainable carbon emission?

Authors: Shreya Sethi; Rajani Gupte

Addresses: Symbiosis International University, Pune 412115, India ' Symbiosis International University, Pune 412115, India

Abstract: Exploitation of Earth to satisfy the rising human demands, has led to its degradation at an exponential rate. This has led global warming to take the centre stage of major environmental concerns. This paper would contribute towards understanding of increasing international inter-linkages and their impact on the carbon emissions while, taking Kyoto Protocol as a policy variable. Thus, for the purpose of the study, Annex I and non-Annex I countries of the Kyoto Protocol, have been selected for the cross sectional study undertaken for two specific periods 1990 and 2010. The methodology applied for the study in the paper uses a simple regression analysis for two time periods across two sets of countries. The results of the paper point out the inefficacy of the Kyoto Protocol for the Annex I and non-Annex I countries while, keeping in mind that the countries have moved towards free trade.

Keywords: trade openness index; TOI; carbon emissions; Kyoto Protocol; environmental impact; sustainable emissions; sustainability; CO2; carbon dioxide; cross sectional study; free trade.

DOI: 10.1504/IJPMB.2017.080940

International Journal of Process Management and Benchmarking, 2017 Vol.7 No.1, pp.79 - 93

Received: 06 Apr 2015
Accepted: 02 Jun 2015
Published online: 13 Dec 2016 *

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