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The Brussels Effect, once emblematic of the EU's alleged influence in shaping global regulations, has now become a factor contributing to global regulatory fragmentation. The EU must recalibrate its trajectory towards a liberal and rules-based trading order, prioritizing widespread regulatory...
Persistent link: https://www.econbiz.de/10014560198
We consider a model with two countries, two commodities and production factors, labour and environment. The countries first choose their environmental standards and then the equilibrium market allocations are determined. We study a subgame perfect Nash equilibrium of this game for two types of...
Persistent link: https://www.econbiz.de/10011608795
Understanding the relationship between international trade and CO2 emissions is crucial for designing appropriate measures to address climate change. This article focuses on CO2 emissions as one of the trade flow determinants of the EU countries, along with other factors including remoteness,...
Persistent link: https://www.econbiz.de/10014485152
Subglobal climate policies induce changes in international competitiveness and favor a relocation of carbon-emitting activities to non-abating regions. In this paper, we evaluate the potential for CO2 abatement and the emissions `leakage' effect in the copper industry, a prominent...
Persistent link: https://www.econbiz.de/10011753238
, and experience both industrial pollution and natural resource degradation. We present a model that incorporates these … consequences of anticipated domestic and global trade policy and world price changes. Similar exogenous or policy shocks are seen …
Persistent link: https://www.econbiz.de/10010332378
local pollutant. Governments use environmental policies, i.e., an emissions standard or a tax, to control pollution and for … demand, the cost of abatement and the damage caused from pollution. Under these modes of uncertainty we derive sufficient …
Persistent link: https://www.econbiz.de/10010272383
Recent literature proposes many variables as significant determinants of pollution. This paper gives an overview of … this literature and asks which of these factors have an empirically robust impact on water and air pollution, i.e. do not … water pollution. …
Persistent link: https://www.econbiz.de/10010285887
applied in a numerical example with two regions (EU and CEECs) and two goods (pollution intensive good A and clean good B …
Persistent link: https://www.econbiz.de/10011608816
equilibrium framework. We investigate the impact of pollution by focusing on the interaction between location advantages and … negative pollution externalities associated with local production. We distinguish between two goods (food and manufactures) and … activity tends to become less attractive with pollution, and thus less likely. Moreover, we provide a simple necessary and …
Persistent link: https://www.econbiz.de/10010325230
A unilateral tax on CO2 emissions may drive up indirect carbon imports from non-committed countries, leading to carbon leakage. Using a gravity model of carbon trade, we analyze the effect of the Kyoto Protocol on the carbon content of bilateral trade. We construct a novel data set of CO2...
Persistent link: https://www.econbiz.de/10010299938