The Environmental Industry, Environmental Policies, and International Trade

Environmental and Trade Policies: Some Methodological Lessons

This paper describes the results of using a new computable general equilibrium model for the European Union that incorporates local and transboundary externalities to evaluate the effects of trade policy reform. In contrast to all past theoretical and empirical research, this model includes the morbidity effects of three criteria air pollutants as nonseparable arguments of household preferences...

International trade and environmental quality: a survey

International trade has been incorporating various aspects of environmental issues since 1970. The extent to which environmental problems might affect many facets of trade, or vice versa, has been the subject of considerable debate over these years. In this article we have attempted to establish some of the links between international trade and environmental quality by performing a comprehensiv...

Sustainable Development, Environmental Regulation, and International Trade

Environmental Regulation, International Trade, and Transboundary Pollution

It has often been argued that opening up the economy to increased international trade can transform a less developed economy into a developed economy. There is growing concern, however, about the environmental consequences of increased international trade. Typically, different countries have different environmental regulations and it is argued that the developed countries have more stringent en...

Intra-Industry Trade, Environmental Policies, and Innovations: The Porter-Hypothesis Revisited

According to the Porter-Hypothesis (PH) stricter environmental regulations in one country may trigger innovations in that country, which may partially or more than fully offset the compliance costs of domestic firms, thus possibly improving their international competitiveness. This paper investigates whether conditions exist under which this Hypothesis is valid either in its weak form (partiall...