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This paper discusses environmental policies which aim at a sustainable use of domestic resources which are mobile. It assumes that one country introduces such a policy but the other country does not. If a resource is mobile, strict domestic environmental policies may increase the resource...
Persistent link: https://www.econbiz.de/10010261682
This paper presents a macroeconomic approach to sustainable growth. After clarifying the concept of sustainability, the interdependence between natural resources and accumulated capital stocks such as physical, human, and knowledge capital is discussed. The conditions for the substitution...
Persistent link: https://www.econbiz.de/10009623407
This paper critically assesses the literature on the relationship between economic integration and the environment. In particular, we investigate how trade liberalisation and capital market integration affect environmental policy and thus environmental quality. Conversely, we also study how...
Persistent link: https://www.econbiz.de/10011608396
This paper critically assesses the literature on the relationship between economic integration and the environment. In particular, we investigate how trade liberalization and capital market integration affect environmental policy and thus environmental quality. Conversely, we also study how...
Persistent link: https://www.econbiz.de/10014213946
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We survey the recent literature on the theoretical and empirical developments of the relationship between trade and the environment. The theory, driven by empirical findings, has progressed from the environment as a pure source of international comparative advantage in trade to a simultaneous...
Persistent link: https://www.econbiz.de/10014075946