Sugeta, Hajime; Shinkuma, Takayoshi - In: Environmental Economics and Policy Studies 14 (2012) 4, pp. 357-382
This paper examines environmental effects of trade in recycled materials in a two-country model of international trade with a vertical structure. Downstream duopoly firms located in different countries can use recycled materials as an input to produce a recyclable final good. With heterogeneous...