Showing 41 - 50 of 132,493
We incorporate the process of policy diffusion (i.e. the uncoordinated dissemination of policies among countries) into a probabilistic two-country-model of strategic environmental policy. Contrary to the usual setting with simultaneous decision making we consider the impact of sequential...
Persistent link: https://www.econbiz.de/10009760913
We evaluate the efficacy of international trade in carbon emission permits when countries are guided strictly by their national self-interest. To do so, we construct a calibrated general equilibrium model that jointly describes the world economy and the strategic incentives that guide the design...
Persistent link: https://www.econbiz.de/10010266884
This paper studies whether environmental dumping is a robust strategic environmental policy toward international … competitors, governments engage in environmental dumping policies; and the extent to which optimal environmental taxes deviate … strength, if the degree of product differentiation is sufficient, governments engage in environmental dumping policies. (iii …
Persistent link: https://www.econbiz.de/10014202221
This paper investigates the role of firm heterogeneity in environmentally extended new trade models, contrasting Eaton-Kortum and Melitz models to Armington and Krugman models. We show that when emissions per sales are constant across firms -- a standard assumption in the literature -- all four...
Persistent link: https://www.econbiz.de/10015179210
This paper investigates the elusive role of productivity heterogeneity in new trade models in the trade and environment nexus. We contrast the Eaton-Kortum and the Melitz models with firm heterogeneity to the Armington and Krugman models without heterogeneity. We show that if firms have a...
Persistent link: https://www.econbiz.de/10014506677
This paper investigates the elusive role of productivity heterogeneity in new trade models in the trade and environment nexus. We contrast the Eaton-Kortum and the Melitz models with firm heterogeneity to the Armington and Krugman models without heterogeneity. We show that if firms have a...
Persistent link: https://www.econbiz.de/10014508011
The 1990s produced a large literature on foreign trade and the environment, including both theoretical and empirical contributions. The paper surveys this literature. It starts by looking at the traditional Heckscher–Ohlin type models of international trade and then moves to noncompetitive...
Persistent link: https://www.econbiz.de/10014023905
We model international trade in renewable resources between a single buyer and competitive sellers as a Stackelberg differential game. The buyer uses unit and ad valorem tariffs to indirectly encourage conservation of the renewable resource under study. First, we show that the efficacy of these...
Persistent link: https://www.econbiz.de/10014116824
Several empirical studies document the relevance of firm heterogeneity to assess the effect of trade and environmental policy. This paper develops a multi-country and -sector general equilibrium trade model with heterogeneous firms and analyzes the effect of domestic carbon pricing as well as...
Persistent link: https://www.econbiz.de/10014438443
This study estimates the impact of carbon pricing on international trade in equipment used in the combustion of fossil fuels during the period 1995--2021. Using detailed data on bilateral trade combined with data on domestic carbon prices, we find that carbon pricing policies are associated with...
Persistent link: https://www.econbiz.de/10014343780