search query: @indexterm INTERNATIONAL TRADE / total: 2170
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| Author: | Bruneau, J.F. |
| Title: | Inefficient environmental instruments and the gains from trade |
| Journal: | Journal of Environmental Economics and Management
2005 : MAY, VOL. 49:3, p. 536-546 |
| Index terms: | COMPARATIVE ADVANTAGE international trade regulations |
| Language: | eng |
| Abstract: | The primary result from trade and environment literature is that countries never lose from trade liberalization as long as they implement optimal pollution targets or if they hold emissions constant. Regulators, however, continue to prefer command and control instruments. It is shown that regulation under these unefficient instruments can lead to net losses under trade liberalization even if emissions are optimally adjusted for trade. |
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