3 research outputs found
Global Impacts of a Bilateral Trade Policy on Ballast Water-Mediated Species Spread Risk: A Case Study of Sino-US Trade
A trade policy could generate both economic and environmental
impacts.
This work is focused on the impacts of a bilateral trade policy on
ballast water-mediated nonindigenous species (NIS) spread risk. Taking
the hypothetical Sino-US trade restriction as an example, we integrate
a computable general equilibrium model and a higher-order NIS spread
risk assessment model to examine the impacts of bilateral trade policy
on both the economy and NIS spread risks. We have two important findings.
First, the Sino-US trade restriction would cause decreases in NIS
spread risks to China and the US, as well as to three quarters of
worldwide countries/regions. However, the rest one fourth would experience
increased NIS spread risks. Second, the relationship between changes
in exports and changes in NIS spread risks might not be directly proportional.
This is observed with 46% of countries and regions that would see
their exports increase but their NIS spread risks drop, with positive
impacts on both their economies and environment under the Sino-US
trade restriction. These results reveal both broader global impacts
as well as the decoupled economic and ecological impacts of a bilateral
trade policy. These broader impacts demonstrate the necessity for
national governments, which are parties to bilateral agreements to
give due consideration to the economic and environmental impacts on
countries and regions outside of the agreement
Global Impacts of a Bilateral Trade Policy on Ballast Water-Mediated Species Spread Risk: A Case Study of Sino-US Trade
A trade policy could generate both economic and environmental
impacts.
This work is focused on the impacts of a bilateral trade policy on
ballast water-mediated nonindigenous species (NIS) spread risk. Taking
the hypothetical Sino-US trade restriction as an example, we integrate
a computable general equilibrium model and a higher-order NIS spread
risk assessment model to examine the impacts of bilateral trade policy
on both the economy and NIS spread risks. We have two important findings.
First, the Sino-US trade restriction would cause decreases in NIS
spread risks to China and the US, as well as to three quarters of
worldwide countries/regions. However, the rest one fourth would experience
increased NIS spread risks. Second, the relationship between changes
in exports and changes in NIS spread risks might not be directly proportional.
This is observed with 46% of countries and regions that would see
their exports increase but their NIS spread risks drop, with positive
impacts on both their economies and environment under the Sino-US
trade restriction. These results reveal both broader global impacts
as well as the decoupled economic and ecological impacts of a bilateral
trade policy. These broader impacts demonstrate the necessity for
national governments, which are parties to bilateral agreements to
give due consideration to the economic and environmental impacts on
countries and regions outside of the agreement
Global Impacts of a Bilateral Trade Policy on Ballast Water-Mediated Species Spread Risk: A Case Study of Sino-US Trade
A trade policy could generate both economic and environmental
impacts.
This work is focused on the impacts of a bilateral trade policy on
ballast water-mediated nonindigenous species (NIS) spread risk. Taking
the hypothetical Sino-US trade restriction as an example, we integrate
a computable general equilibrium model and a higher-order NIS spread
risk assessment model to examine the impacts of bilateral trade policy
on both the economy and NIS spread risks. We have two important findings.
First, the Sino-US trade restriction would cause decreases in NIS
spread risks to China and the US, as well as to three quarters of
worldwide countries/regions. However, the rest one fourth would experience
increased NIS spread risks. Second, the relationship between changes
in exports and changes in NIS spread risks might not be directly proportional.
This is observed with 46% of countries and regions that would see
their exports increase but their NIS spread risks drop, with positive
impacts on both their economies and environment under the Sino-US
trade restriction. These results reveal both broader global impacts
as well as the decoupled economic and ecological impacts of a bilateral
trade policy. These broader impacts demonstrate the necessity for
national governments, which are parties to bilateral agreements to
give due consideration to the economic and environmental impacts on
countries and regions outside of the agreement