Resource title

Globalization, cross-border pollution and welfare

Resource image

image for OpenScout resource :: Globalization, cross-border pollution and welfare

Resource description

We construct a two-good general equilibrium model of international trade for two small open economies where pollution from production is transmitted across borders. Governments in both countries impose emission taxes non-cooperatively. Within this framework, we examine the effect of trade liberalization and of changes in the perception of cross-border pollution on Nash emission taxes, emission levels, and welfare.

Resource author

Panos Hatzipanayotou, Sajal Lahiri, Michael S. Michael

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/18943

Resource license

Adapt according to the presented license agreement and reference the original author.