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International Trade and Global Warming

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Author Info

  • Jota Ishikawa

    (Faculty of Economics, Hitotsubashi University)

  • Kazuharu Kiyono

    (Waseda University, University of Tokyo)

Abstract

In a non-cooperative strategic environmental regulation, unilateral regulation may yield the so-called "carbon-leakage" and the government choice over the emission taxes and quotas play an important role. Furthermore, the trade and industrial structure of a country critically hinges on the government's policy tools. The paper shows that emission taxes makes the competitive production equilibrium unstable, while emission standards work as "hidden production subsidy" towards emission-intensive industries.

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File URL: http://www.cirje.e.u-tokyo.ac.jp/research/dp/2000/2000cf78.pdf
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Bibliographic Info

Paper provided by CIRJE, Faculty of Economics, University of Tokyo in its series CIRJE F-Series with number CIRJE-F-78.

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Length: 29 pages
Date of creation: Jun 2000
Date of revision:
Handle: RePEc:tky:fseres:2000cf78

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