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Trade and Renewable Resources in a Second Best World: An Overview

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Author Info

  • Erwin Bulte

    ()

  • Edward Barbier

Abstract

We provide an overview and introduction to the emerging field of trade and renewable resources, and discuss the potential impact of trade liberalization on welfare and resource conservation. A key factor determining the effect of trade reform is the institutional context or property rights regime, and our survey is organized such that it loosely follows the development of new insights with respect to institutions in this literature. This implies a transition from the benevolent planner’s model to the polar opposite benchmark of open access in the 1990s. Currently the pendulum is swinging back towards management and regulation, but institutions are treated as endogenous. We discuss and compare various key models in some detail and search for common ground between protagonists and antagonists of free trade. Copyright Springer 2005

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File URL: http://hdl.handle.net/10.1007/s10640-004-5022-2
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Bibliographic Info

Article provided by European Association of Environmental and Resource Economists in its journal Environmental & Resource Economics.

Volume (Year): 30 (2005)
Issue (Month): 4 (04)
Pages: 423-463

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Handle: RePEc:kap:enreec:v:30:y:2005:i:4:p:423-463

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Web page: http://www.springerlink.com/link.asp?id=100263

Related research

Keywords: natural resource management; sustainability; trade and property rights; trade liberalization and environment; WTO;

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References

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  1. Brian R. Copeland & M. Scott Taylor, 2009. "Trade, Tragedy, and the Commons," American Economic Review, American Economic Association, vol. 99(3), pages 725-49, June.
  2. Lant Pritchett & Michael Woolcock & Gwen Busby & Jonathan Isham, 2004. "The Varieties of Resource Experience: How Natural Resource Export Structures Affect the Political Economy of Economic Growth," Middlebury College Working Paper Series 0308r, Middlebury College, Department of Economics.
  3. Kemp, Murray C. & Van Long, Ngo, 1984. "The role of natural resources in trade models," Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 1, chapter 8, pages 367-417 Elsevier.
  4. J. Peter Neary, 2000. "International Trade and the Environment - Theoretical and Policy Linkages," Working Papers 200018, School Of Economics, University College Dublin.
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Citations

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Cited by:
  1. Jaime de MELO, 2012. "Trade in a ‘Green Growth’ Development Strategy Global Scale Issues and Challenges," Working Papers P48, FERDI.
  2. Susana Ferreira, 2007. "Trade Policy and Natural Resource Use: The Case for a Quantitative Restriction," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 37(2), pages 361-376, June.
  3. Gary D. Libecap, 2013. "Addressing Global Environmental Externalities: Transaction Costs Considerations," NBER Working Papers 19501, National Bureau of Economic Research, Inc.
  4. Quaas, Martin F. & Stöven, Max T., 2014. "New trade in renewable resources and consumer preferences for diversity," Economics Working Papers 2014-08, Christian-Albrechts-University of Kiel, Department of Economics.
  5. Eggert, Håkan & Greaker, Mads, 2009. "Effects of Global Fisheries on Developing Countries Possibilities for Income and Threat of Depletion," Working Papers in Economics 393, University of Gothenburg, Department of Economics.
  6. Sheetal Sekhri & Paul Landefeld, 2013. "Agricultural Trade, Institutions, and Depletion of Natural Resources," Virginia Economics Online Papers 405, University of Virginia, Department of Economics.
  7. Liaila Tajibaeva, 2012. "Property Rights, Renewable Resources and Economic Development," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 51(1), pages 23-41, January.
  8. Robbert Maseland, 2009. "Trade in a world with recyclable resources," DEGIT Conference Papers c014_008, DEGIT, Dynamics, Economic Growth, and International Trade.
  9. Pascual, Unai & Martinez-Espineira, Roberto, 2006. "Poverty and environmental degradation under trade liberalization: searching for second-best policy options," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 6(12).
  10. F. Cabo & G. Martín-Herrán & M. Martínez-García, 2014. "Property rights for natural resources and sustainable growth in a two-country trade model," Decisions in Economics and Finance, Springer, vol. 37(1), pages 99-123, April.
  11. Basak Bayramoglu & Jean-François Jacques, 2012. "Fishery Resources and Trade Openness: Evidence from Turkey," Working Papers 2012/02, INRA, Economie Publique.
  12. Flaaten, Ola & Schulz, Carl Erik, 2010. "Triple win for trade in renewable resource goods by use of export taxes," Ecological Economics, Elsevier, vol. 69(5), pages 1076-1082, March.

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