International Trade and Environment

International Trade, the Environment and Sustainable Development

Contents 1. Introduction 2. The impact of international trade on economic welfare 3. The interaction between international trade, the environment and sustainable development: traditional theoretical approaches 3.1. The impact of environmental quality on international trade 3.2. The impact of international trade and international trade policy on the environment and environmental policies 3.3. Im...

Eco-labelling, Environment, and International Trade¤

Liquidity and International Trade

This paper introduces a framework to study the links between the supply of liquid assets for the financial market and the international allocation of economic activity. Private assets’ liquidity properties—their usefulness as collateral or media of exchange in financial transactions— affect assets’ values and interest rates, with consequences on firm entry, production, aggregate productivity, a...

The Environment and Trade

Reflecting the emphasis of recent work in the field of trade and the environment, this review focuses on empirical issues, primarily econometric estimates of the pollution haven effect and simulation-based calculations of carbon leakage. A brief discussion of the theory explains why intuition from partial equilibrium models may not carry over to a general equilibrium setting. 397 A nn u. R ev ....

Growth, trade, and international transfers

This paper analyzes the simplest neoclassical economy in which agents have finite lives and there is sustained per capita growth. The growth rate of the world economy depends upon countries' savings propensities and common technology. Trade can reverse an economy's autarkic growth trajectory, and a country with a high savings rate runs a current account surplus. If a surplus country expands agg...