ENVIRONMENTAL POLICIES AND TRADE COMPETITIVENESS: THE MALAYSIAN PALM OIL DOWNSTREAM INDUSTRY

IF 0.7 Q4 BUSINESS

International Journal of Business and Society Pub Date : 2023-04-07 DOI:10.33736/ijbs.5611.2023

Norashida Othman, Zulkornain Yusop, Mohd Mansor Ismail

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引用次数: 2

Abstract

This paper explore how export competitiveness in the Malaysian palm oil downstream industry is affected by European Union (EU) environmental regulation. Porter (1990) suggests that environmental policies may foster international competitiveness. To investigate the impact of EU environmental policies on trade competitiveness in the Malaysian palm oil downstream industry, the dynamic generalized method of moments (DGMM) is employed. The final results reveal that EU environmental regulations have a positive impact on palm oil industry competitiveness. This result is consistent with the Porter Hypothesis, which argues that a more stringent environmental regulation can trigger innovation to non-compliance cost. Palm oil downstream innovation is crucial to improve the overall competitiveness of the industry, including the smallholders’ sector. This implies that the Malaysian government may want to introduce certain measures, such as energy taxes to promote the use of renewable energy. This may lead to more sustainable palm oil production which may improve the overall competitiveness of the palm oil downstream industry.

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环境政策与贸易竞争力:马来西亚棕榈油下游产业

本文探讨马来西亚棕榈油下游产业的出口竞争力如何受到欧盟环境法规的影响。波特(1990)认为环境政策可以促进国际竞争力。为了研究欧盟环境政策对马来西亚棕榈油下游产业贸易竞争力的影响，采用动态广义矩量法(DGMM)。最终结果显示，欧盟环境法规对棕榈油产业竞争力有正面影响。这一结果与波特假设一致，波特假设认为，更严格的环境监管可以引发创新，从而降低不合规成本。棕榈油下游创新对于提高该行业(包括小农部门)的整体竞争力至关重要。这意味着马来西亚政府可能希望引入某些措施，例如能源税，以促进可再生能源的使用。这可能会导致更可持续的棕榈油生产，从而提高棕榈油下游行业的整体竞争力。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Business and Society BUSINESS-

CiteScore

1.80

自引率

10.00%

发文量

期刊介绍： International Journal of Business and Society (IJBS) is an international scholarly journal devoted in publishing high-quality papers using multidisciplinary approaches with a strong emphasis on business, economics and finance. It is a triannual journal published in April, August and December and all articles submitted are in English. Our uniqueness focus on the impact of ever-changing world towards the society based on our niche area of research. IJBS follows a double-blind peer-review process, whereby authors do not know reviewers and vice versa. The journal intends to serve as an outlet with strong theoretical and empirical research and the papers submitted to IJBS should not have been published or be under consideration for publication elsewhere.