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With global specialization and trade, countries make directly but also indirectly use of the environment via traded goods. Based on the theory of comparative advantages, the Heckscher-Ohlin-Vanek approach, we are using the Ecological Footprint as a broad measure of environmental use because its...
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positive-sum game in a twogoods, two-countries world where CO2 emission targets constrain the production possibilities … goods as in the classical Ricardian world. However, the main findings still apply that international trade extends the …
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This essay offers an alternative way to look at macroeconomics. The current standard approach uses aggregate supply and aggregate demand (AS-AD). I call the alternative approach patterns of sustainable specialization and trade (PSST). The PSST approach combines many old and new strands in...
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increasing willingness to pay for outbound tourism goes hand in hand with an increasing per capita income in the world. However …
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Trade and investment can be effective means of implementation of the 2030 Sustainable Development Agenda. However, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side-effects on non-economic facets of sustainable development. As...
Persistent link: https://www.econbiz.de/10011773529