This study explores the conditions under which a trade sanction can be an effective enforcement mechanism used by the US against China in global greenhouse (GHG) mitigation in agriculture and forestry. The problem has the structure of prisoner’s dilemma and hence both the US and China have...

We employ a two-sector heterogeneous firms model in the presence of endogenous innovation and environmental constraints. We perform simple numerical simulations concerning the implication of a stringent environmental policy and trade cost differences between dirty and clean inputs. Our objective...

This paper aims to study how alternative trade policies will help mitigate the effects of climate change in agriculture in South Asia. We use a modified version of MIRAGE CGE for long term projections and allowing modeling of climate change effects (impact on yield) at a subregional level (163...

This study was funded by the the University Transportation Center for Mobility, Texas Transportation Institute

Since late 2010 and continuing into 2011, price volatility, in relation to basic agricultural commodities, has occupied center stage on the agendas of decision makers. An additional concern has been uncertainty about a new global economic crisis in the wake of the macroeconomic difficulties...

A crucial factor in the success of any water quality trading market is its ability to cost-effectively reallocate nutrient allowances from initial holders to those users who find them most valuable; the market's trading efficiency. We explore causes of and solutions to trading inefficiency by...

The New Zealand Emissions Trading Scheme (NZ ETS) was introduced through the Climate Change Response Act in September 2008 and remains in force. The forestry sector has been directly affected by the NZ ETS since 1 January 2008 and stationary energy, liquid fuels and industrial emissions have...

The greatest friction in trade and fishery between Japan and New Zealand was the Total Economic Relationship, which was insisted by the PM of NZ. NZ wanted to export dairy foods in exchange for admitting fishing. Both governments experienced a long and tough negotiation. Recently frictions have...

Agricultural competitiveness and environmental quality are increasingly consensus objectives for American agriculture. Yet the institutional interests undergirding agricultural policy are often at odds with those promoting improved environmental quality. This paper examines ways in which...