This paper describes how the standard GTAP framework may be used to assess the short-run impacts of changes in international capital market conditions. It describes a technique that can be used to examine the short-run effects of changes in country risk. In the standard GTAP model investment...

This paper proposes a new method for ex ante analysis of the poverty impacts arising from policy reforms. Three innovations underlie this approach. The first is the estimation of a global demand system using a combination of micro-data from household surveys, and macro-data from the...

The GTAP model, versions 4.1 and lower, suffers from some defects in the implementation of the regional household demand system. Most seriously, the upper level of the demand system assumes that each regional household faces a fixed price for utility from private consumption. But with a private...

This paper studies the effect of international trade in food and timber on land use and potential carbon leakage in the context of actions to reduce emissions from deforestation and forest degradation (REDD+). First a simple analytical model of international leakage is presented that focuses on...

This paper studies the effect of endogenous technical change and international technology spillovers on carbon leakage. It is well known that a unilateral CO2 abatement policy in one region may cause CO2 emissions to increase in non-abating regions because of the relocation of CO2-intensive...

This paper examines how a country which has been successful in creating agglomeration of a manufacturing industry has faced various types of product-related environmental regulations. Then the paper shows how the government and testing laboratory have taken measures to adapt to PRERs overseas in...

This paper examines the determinants of Congressional voting on CAFTA, focusing on environmental lobbying. Empirical results indicate that the environment was in fact not a major point of contention during the CAFTA vote. Campaign contributions were, however, an important factor in determining...

This paper examines the determinants of Congressional voting on CAFTA, focusing on environmental lobbying. Empirical results indicate that the environment was in fact not a major point of contention during the CAFTA vote. Campaign contributions were, however, an important factor in determining...

This Paper reviews arguments and evidence on the impact of globalization on the environment, then presents evidence on production and international trade flows in five heavily polluting industries for 52 countries over the period 1981-98. A new decomposition of revealed comparative advantage...

In this paper we build a model to investigate the relation between trade and the environment in a dynamic setting. We extend a trade model similar to Copeland & Taylor (2003) by adding capital accumulation. We characterize optimal environmental policy in autarky and under international trade....