The Critical Mass Approach to Achieve a Deal on Green Goods and Services : What Is on the Table? How Much to Expect?

At the Davos forum of January 2014, a group of 14 countries pledged to launch negotiations on liberalizing trade in "green goods" (also known as "environmental" goods), focusing on the elimination of tariffs for an Asia-Pacific...

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Main Authors: de Melo, Jaime, Vijil, Mariana
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank Group, Washington, DC 2014
Subjects:
WTO
Online Access:http://documents.worldbank.org/curated/en/2014/10/20291029/critical-mass-approach-achieve-deal-green-goods-services-table-much-expect
http://hdl.handle.net/10986/20499
id okr-10986-20499
recordtype oai_dc
spelling okr-10986-204992021-04-23T14:03:56Z The Critical Mass Approach to Achieve a Deal on Green Goods and Services : What Is on the Table? How Much to Expect? de Melo, Jaime Vijil, Mariana ABATEMENT ADJUSTMENT ASSISTANCE AGGREGATE IMPORTS AVERAGE TARIFF AVERAGE TARIFF LEVELS AVERAGE TARIFFS BARRIERS TO ENTRY BARRIERS TO TRADE BENCHMARK BILATERAL INVESTMENT TREATIES BILATERAL TRADE BORDER TRADE CHANGES IN TRADE CLIMATE CHANGE COMPARATIVE ADVANTAGE COMPETITION POLICIES CONSUMERS CUSTOMS DEMAND ELASTICITIES DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT POLICY DISPUTE SETTLEMENT DOMESTIC REGULATION ECONOMIC ACTIVITY ECONOMIC COOPERATION ECONOMICS ELASTICITIES ELASTICITY ELIMINATION OF TARIFFS EMISSIONS ENVIRONMENTAL ENVIRONMENTAL GOODS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL USE EXPORTS EXTERNALITIES FINAL GOODS FOREIGN FIRMS FREE TRADE AREAS FREE-TRADE AGREEMENTS GLOBAL FREE TRADE GRAVITY MODEL HIGH TARIFFS HUMAN CAPITAL IMPORT DATA IMPORT INCREASES IMPORT VALUE INCOME INCOME GROUPS INTERNATIONAL STANDARD INTERNATIONAL TRADE INTERNATIONAL TRADE IN SERVICES INVESTMENT TREATIES LEVEL OF PROTECTION LOBBYING LOW TARIFFS MARKET ACCESS MARKET FAILURES MARKET POWER MIDDLE INCOME COUNTRIES MULTILATERAL LIBERALIZATION MULTILATERAL NEGOTIATIONS MULTILATERAL TRADE MUTUAL AGREEMENT MUTUAL RECOGNITION NATIONAL TREATMENT NETWORK EXTERNALITIES NON-TARIFF BARRIERS POLLUTION POLLUTION CONTROL PREFERENTIAL BASIS PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENT PREFERENTIAL TRADE AGREEMENTS PRICE ELASTICITY PRICE SUPPORT RECYCLING REDUCTION IN TARIFFS REDUCTION OF BARRIERS REGIONAL TRADE REGIONAL TRADE AGREEMENTS TARIFF BARRIERS TARIFF DATA TARIFF DISPERSION TARIFF ESTIMATES TARIFF EXEMPTIONS TARIFF LINES TARIFF PROTECTION TARIFF RATE TARIFF REDUCTION TARIFF REDUCTIONS TARIFF STRUCTURE TECHNOLOGICAL CHANGE TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TOURISM TRADE BARRIERS TRADE COOPERATION TRADE COSTS TRADE DATA TRADE DISTORTIONS TRADE FLOWS TRADE IN GOODS TRADE IN SERVICES TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY URUGUAY ROUND VALUE ADDED WASTE MANAGEMENT WELFARE LOSS WORLD TRADE WORLD TRADE ORGANIZATION WTO ZERO TARIFFS At the Davos forum of January 2014, a group of 14 countries pledged to launch negotiations on liberalizing trade in "green goods" (also known as "environmental" goods), focusing on the elimination of tariffs for an Asia-Pacific Economic Cooperation list of 54 products. The paper shows that the Davos group, with an average tariff of 1.8 percent, has little to offer as countries have avoided submitting products with tariff peaks for tariff reductions. Even if the list were extended to the 411 products on the World Trade Organization list, taking into account tariff dispersion, the tariff structure on environmental goods would be equivalent to a uniform tariff of 3.4 percent, about half the uniform tariff-equivalent for non-environmental goods. Enlarging the number of participants to low-income countries might be possible as, on average, their imports would not increase by more than 8 percent. However, because of the strong complementarities between trade in environmental goods and trade in environmental services, these should also be brought to the negotiation table, although difficulties in reaching agreement on their scope are likely to be great. 2014-10-30T20:51:19Z 2014-10-30T20:51:19Z 2014-10 http://documents.worldbank.org/curated/en/2014/10/20291029/critical-mass-approach-achieve-deal-green-goods-services-table-much-expect http://hdl.handle.net/10986/20499 English en_US Policy Research Working Paper;No. 7061 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific South Asia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABATEMENT
ADJUSTMENT ASSISTANCE
AGGREGATE IMPORTS
AVERAGE TARIFF
AVERAGE TARIFF LEVELS
AVERAGE TARIFFS
BARRIERS TO ENTRY
BARRIERS TO TRADE
BENCHMARK
BILATERAL INVESTMENT TREATIES
BILATERAL TRADE
BORDER TRADE
CHANGES IN TRADE
CLIMATE CHANGE
COMPARATIVE ADVANTAGE
COMPETITION POLICIES
CONSUMERS
CUSTOMS
DEMAND ELASTICITIES
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPMENT POLICY
DISPUTE SETTLEMENT
DOMESTIC REGULATION
ECONOMIC ACTIVITY
ECONOMIC COOPERATION
ECONOMICS
ELASTICITIES
ELASTICITY
ELIMINATION OF TARIFFS
EMISSIONS
ENVIRONMENTAL
ENVIRONMENTAL GOODS
ENVIRONMENTAL MANAGEMENT
ENVIRONMENTAL USE
EXPORTS
EXTERNALITIES
FINAL GOODS
FOREIGN FIRMS
FREE TRADE AREAS
FREE-TRADE AGREEMENTS
GLOBAL FREE TRADE
GRAVITY MODEL
HIGH TARIFFS
HUMAN CAPITAL
IMPORT DATA
IMPORT INCREASES
IMPORT VALUE
INCOME
INCOME GROUPS
INTERNATIONAL STANDARD
INTERNATIONAL TRADE
INTERNATIONAL TRADE IN SERVICES
INVESTMENT TREATIES
LEVEL OF PROTECTION
LOBBYING
LOW TARIFFS
MARKET ACCESS
MARKET FAILURES
MARKET POWER
MIDDLE INCOME COUNTRIES
MULTILATERAL LIBERALIZATION
MULTILATERAL NEGOTIATIONS
MULTILATERAL TRADE
MUTUAL AGREEMENT
MUTUAL RECOGNITION
NATIONAL TREATMENT
NETWORK EXTERNALITIES
NON-TARIFF BARRIERS
POLLUTION
POLLUTION CONTROL
PREFERENTIAL BASIS
PREFERENTIAL TRADE
PREFERENTIAL TRADE AGREEMENT
PREFERENTIAL TRADE AGREEMENTS
PRICE ELASTICITY
PRICE SUPPORT
RECYCLING
REDUCTION IN TARIFFS
REDUCTION OF BARRIERS
REGIONAL TRADE
REGIONAL TRADE AGREEMENTS
TARIFF BARRIERS
TARIFF DATA
TARIFF DISPERSION
TARIFF ESTIMATES
TARIFF EXEMPTIONS
TARIFF LINES
TARIFF PROTECTION
TARIFF RATE
TARIFF REDUCTION
TARIFF REDUCTIONS
TARIFF STRUCTURE
TECHNOLOGICAL CHANGE
TECHNOLOGICAL PROGRESS
TELECOMMUNICATIONS
TOURISM
TRADE BARRIERS
TRADE COOPERATION
TRADE COSTS
TRADE DATA
TRADE DISTORTIONS
TRADE FLOWS
TRADE IN GOODS
TRADE IN SERVICES
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
URUGUAY ROUND
VALUE ADDED
WASTE MANAGEMENT
WELFARE LOSS
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
ZERO TARIFFS
spellingShingle ABATEMENT
ADJUSTMENT ASSISTANCE
AGGREGATE IMPORTS
AVERAGE TARIFF
AVERAGE TARIFF LEVELS
AVERAGE TARIFFS
BARRIERS TO ENTRY
BARRIERS TO TRADE
BENCHMARK
BILATERAL INVESTMENT TREATIES
BILATERAL TRADE
BORDER TRADE
CHANGES IN TRADE
CLIMATE CHANGE
COMPARATIVE ADVANTAGE
COMPETITION POLICIES
CONSUMERS
CUSTOMS
DEMAND ELASTICITIES
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPMENT POLICY
DISPUTE SETTLEMENT
DOMESTIC REGULATION
ECONOMIC ACTIVITY
ECONOMIC COOPERATION
ECONOMICS
ELASTICITIES
ELASTICITY
ELIMINATION OF TARIFFS
EMISSIONS
ENVIRONMENTAL
ENVIRONMENTAL GOODS
ENVIRONMENTAL MANAGEMENT
ENVIRONMENTAL USE
EXPORTS
EXTERNALITIES
FINAL GOODS
FOREIGN FIRMS
FREE TRADE AREAS
FREE-TRADE AGREEMENTS
GLOBAL FREE TRADE
GRAVITY MODEL
HIGH TARIFFS
HUMAN CAPITAL
IMPORT DATA
IMPORT INCREASES
IMPORT VALUE
INCOME
INCOME GROUPS
INTERNATIONAL STANDARD
INTERNATIONAL TRADE
INTERNATIONAL TRADE IN SERVICES
INVESTMENT TREATIES
LEVEL OF PROTECTION
LOBBYING
LOW TARIFFS
MARKET ACCESS
MARKET FAILURES
MARKET POWER
MIDDLE INCOME COUNTRIES
MULTILATERAL LIBERALIZATION
MULTILATERAL NEGOTIATIONS
MULTILATERAL TRADE
MUTUAL AGREEMENT
MUTUAL RECOGNITION
NATIONAL TREATMENT
NETWORK EXTERNALITIES
NON-TARIFF BARRIERS
POLLUTION
POLLUTION CONTROL
PREFERENTIAL BASIS
PREFERENTIAL TRADE
PREFERENTIAL TRADE AGREEMENT
PREFERENTIAL TRADE AGREEMENTS
PRICE ELASTICITY
PRICE SUPPORT
RECYCLING
REDUCTION IN TARIFFS
REDUCTION OF BARRIERS
REGIONAL TRADE
REGIONAL TRADE AGREEMENTS
TARIFF BARRIERS
TARIFF DATA
TARIFF DISPERSION
TARIFF ESTIMATES
TARIFF EXEMPTIONS
TARIFF LINES
TARIFF PROTECTION
TARIFF RATE
TARIFF REDUCTION
TARIFF REDUCTIONS
TARIFF STRUCTURE
TECHNOLOGICAL CHANGE
TECHNOLOGICAL PROGRESS
TELECOMMUNICATIONS
TOURISM
TRADE BARRIERS
TRADE COOPERATION
TRADE COSTS
TRADE DATA
TRADE DISTORTIONS
TRADE FLOWS
TRADE IN GOODS
TRADE IN SERVICES
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
URUGUAY ROUND
VALUE ADDED
WASTE MANAGEMENT
WELFARE LOSS
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
ZERO TARIFFS
de Melo, Jaime
Vijil, Mariana
The Critical Mass Approach to Achieve a Deal on Green Goods and Services : What Is on the Table? How Much to Expect?
geographic_facet East Asia and Pacific
South Asia
relation Policy Research Working Paper;No. 7061
description At the Davos forum of January 2014, a group of 14 countries pledged to launch negotiations on liberalizing trade in "green goods" (also known as "environmental" goods), focusing on the elimination of tariffs for an Asia-Pacific Economic Cooperation list of 54 products. The paper shows that the Davos group, with an average tariff of 1.8 percent, has little to offer as countries have avoided submitting products with tariff peaks for tariff reductions. Even if the list were extended to the 411 products on the World Trade Organization list, taking into account tariff dispersion, the tariff structure on environmental goods would be equivalent to a uniform tariff of 3.4 percent, about half the uniform tariff-equivalent for non-environmental goods. Enlarging the number of participants to low-income countries might be possible as, on average, their imports would not increase by more than 8 percent. However, because of the strong complementarities between trade in environmental goods and trade in environmental services, these should also be brought to the negotiation table, although difficulties in reaching agreement on their scope are likely to be great.
format Publications & Research :: Policy Research Working Paper
author de Melo, Jaime
Vijil, Mariana
author_facet de Melo, Jaime
Vijil, Mariana
author_sort de Melo, Jaime
title The Critical Mass Approach to Achieve a Deal on Green Goods and Services : What Is on the Table? How Much to Expect?
title_short The Critical Mass Approach to Achieve a Deal on Green Goods and Services : What Is on the Table? How Much to Expect?
title_full The Critical Mass Approach to Achieve a Deal on Green Goods and Services : What Is on the Table? How Much to Expect?
title_fullStr The Critical Mass Approach to Achieve a Deal on Green Goods and Services : What Is on the Table? How Much to Expect?
title_full_unstemmed The Critical Mass Approach to Achieve a Deal on Green Goods and Services : What Is on the Table? How Much to Expect?
title_sort critical mass approach to achieve a deal on green goods and services : what is on the table? how much to expect?
publisher World Bank Group, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/10/20291029/critical-mass-approach-achieve-deal-green-goods-services-table-much-expect
http://hdl.handle.net/10986/20499
_version_ 1764445543416725504