Numerous developing economies depend vitally on renewable natural-resource (NR)-based commodities. This study develops a general equilibrium model to examine the steady-state impact of changes in a small economy's NR congestion under open access and optimal regulation. This issue has often been...

Many developing countries obtain a large share of their income from the exploitation of open-access common-property renewable natural resources. Imperfect or lack of property rights for these resources results in the partial or non-internalization of negative externalities. Analysis of this...

Energy security is a burning issue in a world where 1.4 billion people still have no access to electricity. This pioneering book is about finding solutions for energy security through the international trading system. Focusing mainly on the European Union (EU) as a case study, this holistic and...

The English version of this paper can be found at: http://ssrn.com/abstract=2016680 China’s growing economic engagement with Latin America has sparked both popular and scholarly debate. Some scholars contend that China is a rising imperial power scouring the globe for natural resources,...

The emergence of China as a significant economic force in Latin America has sparked both optimism and alarm. With titles such as 'The Coming China Wars' and 'The Dragon in the Backyard,' recent books and articles depict China as a rising imperial power scouring the globe for natural resources...

Understanding international differences in the emissions intensity of trade and production is essential to understanding the effects of greenhouse gas limitation policies. We develop data on emissions from 41 industrial sectors in 39 countries and estimate the CO2 emissions intensity of...

With the United States’ reentry to the Paris Agreement, there is now consensus among the world's largest carbon emitters that emissions must be reduced. But there is still a radical lack of consensus on what regulations should be chosen to reduce carbon. Worse, there is also a radical...

We investigate whether virtual water trade may alleviate the initial unequal distribution of hydric resources. On average, countries that are relatively abundant (with respect to capital) in the combined availability of water and arable land are, in absolute terms, scarce in capital and rich in...

The Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) is the international agreement that regulates international trade in wildlife to prevent its decline. Little is known about the effectiveness of its trade restrictions and bans. Combining the largest...