| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Common Ground Between Free-Traders and Environmentalists
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| Autores: |
Karp, Larry S.
Sacheti, Sandeep
Zhao, Jinhua
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| Data: |
2006-02-02
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| Ano: |
1999
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| Palavras-chave: |
Environmental Economics and Policy
D5
F1
O2
Q2
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| Resumo: |
We use a North-South model with property right differences and resource dynamics to study the effects of trade on resource use and welfare. Autarky is likely to Pareto-dominate free trade in the long run when the environment is quite fragile, and the result is reversed when the environment is quite resilient. Trade may cause an environmentally poor country to drag down" its richer trading partner; in this case, both countries degrade their stocks when these would be preserved under autarky. Alternatively, trade may enable the environmentally richer country to pull up" its partner; in this case both countries preserve their stocks when these would be degraded under autarky. These results rationalize the positions of environmentalists and free-traders. The direction of trade may change over time, but in steady states it is either inefficient or indeterminate. In the former case, a switch to autarky would increase global welfare.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
19734
http://purl.umn.edu/25042
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| Editor: |
AgEcon Search
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| Relação: |
University of California, Berkeley>Department of Agricultural and Resource Economics>CUDARE Working Papers
CUDARE Working Paper 817
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| Formato: |
50
application/pdf
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