We explore how multilateral environmental regulations may adversely affect trade flows between countries with different incomes. Using the gravity equation, we examine the effect on bilateral trade flows of increases in environmental regulation stringency ratings, taken from survey data covering...

Environmental and human exploitation are connected and occurring around the world due in large part to the mining of rare earth metals. In places like Brazil, the Congo and Peru in modern-day slave labor fuels mining camps, while degrading the quality of local fishing and agricultural...

As the European carbon border adjustment (CBA) mechanism is high up on the European Commission's agenda and soon to be implemented, it is important to understand the economic and environmental implications of alternative designs of such a mechanism. To this end and with a view to informing the...

Trade in plastic waste and scrap plays a potentially important role in helping to strengthen markets for recycled plastics as it can help to achieve economic efficiency through for instance economies of scale. But such trade has also been criticised for leading to plastic pollution when...

A two-tier climate club exploits the comparative advantage of large countries to mete out punishments through trade, while taking their capacity to resist punishment as a constraint. Countries outside the coalition price carbon at a fixed fraction of the average carbon price adopted within the...

Plastic waste trade has grown considerably in the last decades and has caused severe environmental problems in recipient countries. As the largest recipient, China has permanently banned the imports of plastic waste since 2018. This paper examines the causal effect of plastic waste imports on...

The article draws upon the insights of Yale philosopher Thomas Pogge to suggest a way that we might think about the structural inequities in the global economic order that produce food insecurity. The article argues that chronic undernourishment is not a function of food scarcity, bad weather,...

This paper provides an overview of trade, environmental, and related public issues and policies. It discusses the pollution problem, the recent global warming trend, the attempts of world's various levels of institutions such as the UN, the WTO, regional, national, and other organizations to...

Carbon tariffs are one prominently discussed climate policy. The proponents stress the carbon tariffs' ability to restore competitiveness, avoid carbon leakage, and reduce world carbon emissions. We analyze the effects of carbon tariffs on trade, welfare, and carbon emissions in a structural...

This paper identifies the main contributors to the remarkable five-fold improvement of eco-efficiency (output per pollution emission) in China's manufacturing during the period 1995-2006. We are especially interested in the role of FDI in this improvement. We refine the conventional index...