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Uniform Compliance Costs for Mineral Commodities: Who Gains and Who Loses?

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  • Margaret E. Slade

Abstract

Changes in energy and nonfuelmineral production, consumption, and net-export revenue that result from environmental protection are estimated by income class and geographic region. Unlike previous assessments of unilateral adoption of standards, I assume that all producers incur equal cleanup costs. Adjustment is therefore accomplished through changes in prices and quantities rather than altered trade patterns. The estimated magnitude of worldwide changes is not large. Moreover, many poor countries are forecast to benefit, since their terms of trade improve. However, the problem of obtaining foreign exchange for investment remains. A financing scheme that divorces efficiency from equity is suggested.

Suggested Citation

  • Margaret E. Slade, 1996. "Uniform Compliance Costs for Mineral Commodities: Who Gains and Who Loses?," Land Economics, University of Wisconsin Press, vol. 72(1), pages 17-32.
  • Handle: RePEc:uwp:landec:v:72:y:1996:i:1:p:17-32
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    Cited by:

    1. Sayeh Shojaeinia, 2023. "Metal market analysis: an empirical model for copper supply and demand in US market," Mineral Economics, Springer;Raw Materials Group (RMG);LuleƄ University of Technology, vol. 36(3), pages 509-517, September.
    2. Thille, Henry, 2003. "Forward trading and storage in a Cournot duopoly," Journal of Economic Dynamics and Control, Elsevier, vol. 27(4), pages 651-665, February.

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