Abstract
A key, and often controversial, issue in environmental negotiations is the appropriate extent of harmonization of environmental policies. This paper, within a general equilibrium model of international trade with endogenous pollution discharges, identifies instances in which pollution-tax harmonization can deliver potential Pareto improvements.
Original language | English |
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Pages (from-to) | 227-238 |
Number of pages | 12 |
Journal | Environmental and Resource Economics |
Volume | 56 |
Issue number | 2 |
Early online date | 9 Aug 2012 |
DOIs | |
Publication status | Published - Oct 2013 |
Keywords
- environmental taxation
- International trade
- Pareto efficiency
- Pareto improving reforms
- climate change