Whalley, John; Dong, Yan - National Bureau of Economic Research (NBER) - 2009
, or as part of a global treaty and to be applied against non signatories. We use a four-region (US, EU, China, ROW … BTAs, BTAs reduce imports of committing countries, and increase imports by other countries. EU and US BTAs against China … reduce exports by China. With BTAs, the value of production in the country with carbon reduction measures are introduced …