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The literature on trade in renewable resources implicitly assumes that the traded resources are perfect substitutes. We … model trade in renewable resources as stipulated not only by autarky price differences, but also by consumers' love of … variety. We show that the love-of-variety effect enables welfare gains from trade even if total consumption decreases. Total …
Persistent link: https://www.econbiz.de/10010357610
The literature on trade in renewable resources implicitly assumes that the traded resources are perfect substitutes. We … model trade in renewable resources as stipulated not only by autarky price differences, but also by consumers' love of … variety. We show that the love-of-variety effect enables welfare gains from trade even if total consumption decreases. Total …
Persistent link: https://www.econbiz.de/10010368118
This work provides an extensive review of the literature on trade and environmentalissues that has been growing since … scattered.Next, we contribute to this literature by studying a Ricardian model of trade,in which one of the sectors uses a … renewable resource as a factor of production. Thecontribution lies in the study of trade and welfare through the full horizon of …
Persistent link: https://www.econbiz.de/10009450948
Trade with differentiated goods normally provides a form of insurance against disasters, such as floods and fires … affecting also the trading partners are preferred over idiosyncratic shocks. Trade thus increases economic vulnerability to …
Persistent link: https://www.econbiz.de/10010374445
Persistent link: https://www.econbiz.de/10011498817
'Wow, this book includes all of the best and most path-breaking original research on trade and the environment, all in … trade worsen the environment, by allowing wider exploitation? Or, can trade improve the environment, by allowing clean … brings together a selection of recent articles by leading scholars on the economics of international trade and the …
Persistent link: https://www.econbiz.de/10011852196
worldwide level, in a trade liberalisation scenario. Our model has economic geography foundations: transport costs affect the …
Persistent link: https://www.econbiz.de/10009647371
Persistent link: https://www.econbiz.de/10005631019
Persistent link: https://www.econbiz.de/10005478442
The literature on trade in renewable resources implicitly assumes that the traded resources are perfect substitutes. We … model trade in renewable resources as stipulated not only by autarky price differences, but also by consumers' love of … variety. We show that the love-of-variety effect enables welfare gains from trade even if total consumption decreases. Total …
Persistent link: https://www.econbiz.de/10010981413