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We describe the theoretical and empirical contributions that rigorous economic analysis can make in improving our understanding of the salient issues relating to environmental protection in the presence of international trade. We do this by analyzing and summarizing the intellectual...
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We describe the theoretical and empirical contributions that rigorous economic analysis can make in improving our comprehension of the important issues pertaining to environmental protection in the presence of international trade. We do this by studying and summarizing the scholarly...
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IEAs satisfy budget balance and because there is a ceiling on the amount of pollution reduction that an IEA can require …, the level and pattern of pollution abatement are not ideal. The analysis of this paper suggests that IEAs are not doomed … IEAs is dependent on the funds available for environmental protection and the pollution reduction ceiling negotiated by the …
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