(United States) and the South (China) in the presence of a global pollution externality. Each country's share of global … the increased pollution in China has global effects, the US may not benefit from the environmental restrictions and a …Bilateral trade and capital flows have increased substantially between the United States and China yielding economic …

) and the South (China) in the presence of a global pollution externality. Each country's share of global pollution depends … pressure on the US to raise environmental regulations on industry. Capital will move to China. Because the increased pollution …Bilateral trade and capital flows have increased substantially between the United States and China yielding economic …

We estimate the potential synergy between pollution and climate control in the U.S. and China, summarizing the results … toward non-fossil technologies when large reductions are required. Under stringent pollution targets, the non-target effects … tend to be higher in China than in the U.S., due to China's heavy reliance on coal. This result suggests that China may …