Showing 1 - 10 of 55
decrease in export price, decreasing sectoral demand. Furthermore, such shrinkage of demand may similarly reduce energy prices …, which leads to energy substitution effect and somewhat stimulates carbon emissions. Depending on the relative strength of … the output-demand effect and energy substitution effect, sectoral carbon emissions and energy demands will vary across …
Persistent link: https://www.econbiz.de/10014173819
This paper tackles the 'pollution haven' argument by estimating the pollution content of imports (PCI). The PCI is then decomposed into three components: a 'deep' component (i.e. traditional variables unrelated to the environmental debate); a factor endowment component and a 'pollution haven'...
Persistent link: https://www.econbiz.de/10014175492
Paragraph 31 of the Doha Ministerial Declaration mandates to the liberalization of environmental goods and services. This mandate offers a good opportunity to put climate-friendly goods and services on a fast track to liberalization. Agreement on this paragraph should represent one immediate...
Persistent link: https://www.econbiz.de/10014042112
This paper analyzes the economic and poverty effects of a voluntary carbon emission reduction for a small liberalized economy - the Philippines. The simulation results indicate that tariff reductions undertaken by the Philippine government between 1994 and 2005 reduced the cost of fossil fuels...
Persistent link: https://www.econbiz.de/10014053079
To date, border adjustment measures in the form of emissions allowance requirements (EAR) under the U.S. proposed cap-and-trade regime are the most concrete unilateral trade measure put forward to level the carbon playing field. If improperly implemented, such measures could disturb the world...
Persistent link: https://www.econbiz.de/10014197090
We construct a strategic trade model of an international duopoly, whereby production by exporting firms generates a local pollutant. Governments use environmental policies, i.e., an emissions standard or a tax, to control pollution and for rent shifting purposes. Contrary to their firm, however,...
Persistent link: https://www.econbiz.de/10014197714
In this paper we examine an alternative policy scenario, where governments allow polluting firms to trade permits in a strategic environmental policy model. We demonstrate, among other things, that with no market power in the permits market, governments of the exporting firms do not have an...
Persistent link: https://www.econbiz.de/10014197717
The climate-trade nexus gains increasing attention as governments are taking great efforts to forge a post-2012 climate change regime to succeed the Kyoto Protocol. This raises the issues of the scope of trade-related measures and of when and how they could be used. This paper discusses how far...
Persistent link: https://www.econbiz.de/10014200759
This paper addresses the issue of whether the powers of monitoring compliance and allocating tradeable emissions allowances within a federation of countries should be appointed to a unique federal regulator or decentralized to several local regulators. To this end, we develop a two stage game...
Persistent link: https://www.econbiz.de/10014211875
The paper considers a situation where two countries - the North and the South - use a non-traded polluting input to produce the goods for final consumption. The North is more efficient in both, production and abatement processes. The study compares the effects of the transfer of abatement...
Persistent link: https://www.econbiz.de/10014214443