The Library
Free-riding, carbon treaties, and trade wars : the role of domestic environmental policies
Tools
Abrego , Lisandro and Perroni, Carlo (1999) Free-riding, carbon treaties, and trade wars : the role of domestic environmental policies. Journal of Development Economics, 58 (2). pp. 463-483. doi:10.1016/S0304-3878(98)00121-7 ISSN 0304-3878.
Research output not available from this repository.
Request-a-Copy directly from author or use local Library Get it For Me service.
Official URL: http://dx.doi.org/10.1016/S0304-3878(98)00121-7
Abstract
This paper uses a calibrated general-equilibrium model of North-South trade with carbon emissions to explore the strategic, open-economy implications of price- and quantity-based instruments for CO2 emission reduction. We compute non-cooperative environmental and trade policy equilibria and Nash bargaining outcomes in environmental policies with side payments of cash. Results show that quotas can lead to higher internalization levels in a non-cooperative zero-tariff equilibrium in comparison with emission fees. If tariffs are also chosen non-cooperatively, the form of policy instrument used affects equilibrium tariffs, with quotas leading to lower trade barriers, particularly under a regional carbon treaty. (C) 1999 Elsevier Science B.V. All rights reserved. JEL classification: Q3; Q4; F1.
Item Type: | Journal Article | ||||
---|---|---|---|---|---|
Subjects: | H Social Sciences > HC Economic History and Conditions | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Journal or Publication Title: | Journal of Development Economics | ||||
Publisher: | Elsevier | ||||
ISSN: | 0304-3878 | ||||
Official Date: | April 1999 | ||||
Dates: |
|
||||
Volume: | 58 | ||||
Number: | 2 | ||||
Number of Pages: | 21 | ||||
Page Range: | pp. 463-483 | ||||
DOI: | 10.1016/S0304-3878(98)00121-7 | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published |
Data sourced from Thomson Reuters' Web of Knowledge
Request changes or add full text files to a record
Repository staff actions (login required)
View Item |