haku: @indexterm Comparative advantage / yhteensä: 75
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| Tekijä: | Chua, S. |
| Otsikko: | Does tighter environmental policy lead to a comparative advantage in less polluting goods? |
| Lehti: | Oxford Economic Papers
2003 : JAN, VOL. 55:1, p. 25-35 |
| Asiasana: | Environmental policy Comparative advantage Pollution Environment Taxation Prices Theories Models |
| Kieli: | eng |
| Tiivistelmä: | This paper develops a 2-factor model to analyse the effects of environmental policy on patterns of comparative advantage. A pollution tax affects goods' prices via: 1. the tax burdens on each good depending on their respective polluting tendencies, and 2. changes in factor returns due to increased abatement activity. The good intensive in the factor whose returns have risen will tend to face a price increase, cet.par. The net outcome depends on both effects. A higher tax will not always raise (lower) the autarky price of the more (less) polluting good. Therefore a country with the higher (lower) tax does not always have a comparative advantage in the less (more) polluting good. |
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