The Specific Impact of Environmental Regulations on the Comparative Advantage of Resource-Based Industries

Abstract

With the increasing emphasis on global environmental issues and the deepening of the concept of sustainable development, the application and impact of environmental regulation are becoming increasingly prominent. Especially for pollution-intensive products, the impact of environmental regulation on the import and export trade of different pollution-intensive products is subject to various factors. The impact of environmental regulation on different resource-based industries still needs a lot of research. Through the method of literature analysis, this paper integrates the literature on the impact of environmental regulation on resource-based industries and concludes that the overall impact of environmental regulation on resource-based industries is positive and significant. For the paper and pulp industry, both exogenous and endogenous environmental regulations have enhanced its comparative advantage. For the non-ferrous metal and non-metallic mineral industry, environmental regulation can promote its technological progress and gain comparative advantage.