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We analyze the role of National Treatment in the regulation of environmental product standards for an open economy. A social planner uses product standards to control emissions from the consumption of a traded good. We show that whether National Treatment of standards interferes with...
Persistent link: https://www.econbiz.de/10005111340
Consider a small economy facing accession to a exogenously defined trade agreement. Before accession, the government controls trade and pollution policy. After accession, it retains control over pollution policy, but must allow free trade in all goods. This is a choice many governments face...
Persistent link: https://www.econbiz.de/10005111389
Empirical evidence linking exports to economic growth has been mixed and inconclusive. This study re-examines the export-led growth (ELG) hypothesis for Canada by testing for Granger causality from exports to national output growth using vector error correction models (VECM) and the augmented...
Persistent link: https://www.econbiz.de/10005111355