This title contains thirteen papers addressing current issues in international environmental economics. They analyze the relationship between trade liberalization and environmental policy; the impact of trade liberalization on environmental quality; investigate problems of commitment faced by regulating authorities; provide new insights into the Porter hypothesis; present empirical research related to international competitiveness and location of polluting plants; and, address international environmental agreements, with a special focus on income distribution and the political-economy dimension, tradable emission reductions, and the quantitative impact of trade liberalization and the implementation of the Kyoto Protocol on carbon leakage. The papers, in this volume, show that even after ten years of intense research both on trade and the environment, and on transfrontier pollution and international environmental agreements, research in this area still produces new, relevant, and thought-provoking ideas and results.
Preface. Introduction. Greener Taxes, Freer Trade? Environmental Policy and Tariff Reduction in a Second-Best World; S. Smulders, P. Sen. North-South Trade and Pollution Migration: The Debate Revisited; M. Keswani Mehra, S.P. Das. Regulatory Competition, Transboundary Pollution and International Trade; I. Pechoux, J. Pouyet. Modelling Commitment in a Multi-Stage Models of Location, Trade and Environment; A. Ulph, L. Valentini. International Competition and Investment in Abatement: Taxes versus Standards; T. Feenstra, et al. Environmental Policy Under Product Differentiation and Asymmetric Costs: Does Leapfrogging Occur and Is It Worth It? J. Rothfels. The Stringency of Environmental Regulation and the "Porter Hypothesis"; T. Roediger-Schluga. Measuring the Effects of Environmental Regulations on Manufacturing Plant Births: A New Empirical Paradigm; J.A. List, D.L. Millimet. The Impact of Environmental Regulations on Capital Flows: Some Methodological Considerations; C.Y. Co, et al. Environmental Policy and Firms' Decision-Making About Location Choice. Application of a Decision-Making Model to the Case of a Fertilizer Plant; H. van der Veen, et al. The Efficiency, Equity and Politics of Emissions Permit Trading; M. Wooders, B. Zissimos. Should Emissions Reduction Units Be Tradable? M. Liski. The Kyoto Regime, Changing Patterns of International Trade and Carbon Leakage; O. Kuik, H. Verbruggen.
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