The Economics of International Trade and Environment

About this book

Issues related to environmental protection and trade liberalization have moved to the forefront of international policy agendas. The Economics of International Trade and the Environment explores - from an economic standpoint - many of the questions that are germane in increasing our knowledge of environmental policy in the presence of international trade and trade policy in the presence of environmental externalities. Ultimately we must ask "What can economic theory tell us about the connections between environmental and trade policy?" This book uses the tools of game and microeconomic theory to analyze diverse issues such as: the effects of international trade in waste products on illegal disposal, the nature of environmental policy when market structure and plant locations are endogenous, and the issue of ecological dumping. The authors apply economic theory to practical settings to ascertain the extent to which this theory can inform policy decisions about problems at the interface of international trade and the environment. Edited by well-known researchers and authors, this is the only resource that can serve as an effective guide to the theoretical and empirical literature on international trade and the environment. The Economics of International Trade and the Environment provides comprehensive coverage on a wide variety of topics and contains the most recent contributions in this area and is suitable as a graduate course in Economics and International Trade

Contents

Introduction and Overview of the Economics of International Trade and the Environment. The Impact of Selected Abatement Strategies on Transnational Pollution, the Terms of Trade, and Factor Rewards: A General Equilibrium Approach. International Trade in Waste Products in the Presence of Illegal Disposal. Environmental Policy When Market Structure and Plant Locations are Endogenous. On Ecological Dumping. Strategic Environmental Policy and International Trade. North-South Trade and the Global Environment. Trade and Transboundary Pollution. Environmental Policy and International Trade When Governments and Producers Act Strategically. Game Governments Play: An Analysis of National Environmental Policy in an Open Economy. Industrial Pollution Abatement: The Impact on the Balance of Trade. The Effects of Domestic Environmental Policies on Patterns of World Trade: An Empirical Test. Unilateral CO2 Reductions and Carbon Leakage: The Consequences of International Trade in Oil and Basic Materials. International Trade and Environmental Quality: How Important are the Linkages? Environmental and Trade Policies: Some Methodological Lessons. Carbon Taxes with Exemptions in an Open Economy: A General Equilibrium Analysis of the German Tax Initiative. The Environment and Welfare Implications of Trade and Tax Policy. The Impact of NAFTA on Mexico's Environmental Policy. The Empirical Relationship between Trade, Growth, and the Environment.

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