This thesis tries to analyse the relationship between stringency of environmental regulations and Korean economic performance. This research deals with three themes as the following: First examination lies on the effects of Korean domestic environmental restrictions on Total Factor Productivity in terms of industry and firm; second is the influences of relative difference of environmental stringency between Korea and counterpart (importer or host countries) on Korean outward FDI and Korean exports to the nations, and finally, the effects of Korean domestic environmental stringency on Korean trade performance are researched on
