Environmental policies frequently target the ratio of dirty to green output within the same industry. To achieve such targets the green sector may be subsidised or the dirty sector be taxed. This paper shows that in a monopolistic competition setting the two policy instruments have different...

Drei Wochen vor Beginn der sechsten WTO-Ministerkonferenz in Hongkong sieht es so aus, als ob es die 148 Mitgliedstaaten der Welthandelsorganisation (WTO) nicht schaffen werden, den in Doha (Katar) abgesprochenen Liberalisierungsfahrplan für den Welthandel einzuhalten. Bei einer Reihe von...

Trade and climate change policies are closely related. We consider in a general equilibrium model the role of trade restrictions and energy-efficient technology transfers for the stabilisation of the Kyoto climate coalition. We find that a trade restriction policy leads to economic losses for a...

Environmental policies frequently target the ratio of dirty to green output within the same industry. To achieve such targets, the green sector may be subsidized or the dirty sector be taxed. We show that in a monopolistic competition setting, the two policy approaches have different welfare...