Gains from trade in a polluting product in the presence of transboundary stock pollution
AbstractThis paper examines how the opening of trade affects a countryfs welfare in the context of an international polluting duopoly model with transboundary stock pollution. In this framework, we show that trade liberalization can have quite different welfare implications, depending on the mode of international competition and the magnitudes of international transportation coefficients of pollutant emissions and decay rates of pollutant stocks in respective countries, as well as on the values of other environmental and economic variables.
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Bibliographic InfoPaper provided by School of Economics, Kwansei Gakuin University in its series Discussion Paper Series with number 32.
Length: 20 pages
Date of creation: Apr 2007
Date of revision: Apr 2007
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gains from trade; international duopoly; Cournot-Nash competition; Stackelberg competition; transboundary stock pollution.;
Find related papers by JEL classification:
- F10 - International Economics - - Trade - - - General
- F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-04-21 (All new papers)
- NEP-ENE-2007-04-21 (Energy Economics)
- NEP-ENV-2007-04-21 (Environmental Economics)
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