International trade and the environment: theoretical and policy linkages
I review and extend three approaches to trade and environmental policies: competitive general equilibrium, oligopoly and monopolistic competition. The first two have surprisingly similar implications: deviations from first-best rules are justified only by constraints on policy choice (which motivate...
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| Format: | Journal article |
| Language: | English |
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Springer
2006
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| Subjects: |
| _version_ | 1826298804775682048 |
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| author | Neary, J |
| author2 | European Association of Environmental and Resource Economists |
| author_facet | European Association of Environmental and Resource Economists Neary, J |
| author_sort | Neary, J |
| collection | OXFORD |
| description | I review and extend three approaches to trade and environmental policies: competitive general equilibrium, oligopoly and monopolistic competition. The first two have surprisingly similar implications: deviations from first-best rules are justified only by constraints on policy choice (which motivates what I call a “single dividend” approach to environmental policy), and taxes and emissions standards differ in ways which reflect the Le Chatelier principle. I also show how environmental taxes may lead to a catastrophic relocation of industry in the presence of agglomeration effects, although not necessarily if there is a continuum of industries which differ in pollution intensity. |
| first_indexed | 2024-03-07T04:52:25Z |
| format | Journal article |
| id | oxford-uuid:d56b94db-dd80-4577-9b83-601c9fd3feea |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T04:52:25Z |
| publishDate | 2006 |
| publisher | Springer |
| record_format | dspace |
| spelling | oxford-uuid:d56b94db-dd80-4577-9b83-601c9fd3feea2022-03-27T08:25:49ZInternational trade and the environment: theoretical and policy linkagesJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:d56b94db-dd80-4577-9b83-601c9fd3feeaEconomicsEnglishOxford University Research Archive - ValetSpringer2006Neary, JEuropean Association of Environmental and Resource EconomistsI review and extend three approaches to trade and environmental policies: competitive general equilibrium, oligopoly and monopolistic competition. The first two have surprisingly similar implications: deviations from first-best rules are justified only by constraints on policy choice (which motivates what I call a “single dividend” approach to environmental policy), and taxes and emissions standards differ in ways which reflect the Le Chatelier principle. I also show how environmental taxes may lead to a catastrophic relocation of industry in the presence of agglomeration effects, although not necessarily if there is a continuum of industries which differ in pollution intensity. |
| spellingShingle | Economics Neary, J International trade and the environment: theoretical and policy linkages |
| title | International trade and the environment: theoretical and policy linkages |
| title_full | International trade and the environment: theoretical and policy linkages |
| title_fullStr | International trade and the environment: theoretical and policy linkages |
| title_full_unstemmed | International trade and the environment: theoretical and policy linkages |
| title_short | International trade and the environment: theoretical and policy linkages |
| title_sort | international trade and the environment theoretical and policy linkages |
| topic | Economics |
| work_keys_str_mv | AT nearyj internationaltradeandtheenvironmenttheoreticalandpolicylinkages |