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Author:Engel, S.
Title:Achieving environmental goals in a world of trade and hidden action: the role of trade policies and eco-labeling
Journal:Journal of Environmental Economics and Management
2004 : NOV, VOL. 48:3, p. 1122-1145
Index terms:asymmetric information
environmental protection
IMPORTS
trade policy
Language:eng
Abstract:This article discusses importing countries' trade policies and consumer actions which are used in order to reduce negative environmental impacts of the products they cinsume. These policies have usually been non-discriminatory, i.e., they treated all imports equally, without considering the actual damages caused by the product. Recently, there has been a growing trend towards process-discriminatory policies which attempt to discriminate aggainst environmentally unsound imports while encouraging sound alternatives. A theoretical model of the consuming country's optimal trade policy is developed.
SCIMA record nr: 258377
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