We develop a model of the world economy as input-output relationships subject to distortions. We then propose a … the sectoral TFPs. We then derive a closed-form solution of the elasticities of each entry in the world input … distortions and TFPs of the input-output matrix of the world economy. We show that internal (within a given country) distortions …

, species extinction and industrial pollution were rising. Recently it has been intensified by the creation of the World Trade …

measures of air pollution. Statistical significance is lacking for Particulate Matter, but is moderate for NO2, and high for SO …

the country level with data on pollution intensity at the industry level to show that countries with laxer environmental …. We propose an instrument for environmental regulation based on meteorological determinants of pollution dispersion identi …...ed by the atmospheric pollution literature. We find that the effect of environmental regulation on the pattern of trade is …

increases, and other country's production decreases compared with the case of no BTAs. With the contraction of world trade flows … caused by the financial crisis, carbon motivated BTAs offer a prospect of a compounding effect in a world which is going …This paper discusses the size of impact of carbon motivated border tax adjustments on world trade. We report numerical …