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Environmental Standards as Strategic Outcomes: A Simple Model

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  • Rabindra N Bhattacharya

Abstract

This paper examines the strategic nature of choice of environmental standards under different degrees of openness of countries. It also compares and contrasts equilibrium environmental standards and levels of pollution, local and global, with the world optimum levels. It shows that, in case of open economies, environmental standards can be strategic substitutes or complements.

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  • Rabindra N Bhattacharya, 2008. "Environmental Standards as Strategic Outcomes: A Simple Model," Working Papers id:1812, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:1812
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    References listed on IDEAS

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    1. Chichilnisky, Graciela, 1994. "North-South Trade and the Global Environment," American Economic Review, American Economic Association, vol. 84(4), pages 851-874, September.
    2. Copeland, Brian R & Taylor, M Scott, 1995. "Trade and Transboundary Pollution," American Economic Review, American Economic Association, vol. 85(4), pages 716-737, September.
    3. Brian R. Copeland & M. Scott Taylor, 1994. "North-South Trade and the Environment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(3), pages 755-787.
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