International trade and terrestrial open-access renewable resources in a small open economy

Naoto Jinji

Canadian Journal of Economics, 2006, vol. 39, issue 3, 790-808

Abstract: . I endogenize the carrying capacity of the resource. I find, unlike Brander and Taylor, that trade liberalization may increase the forest stock in the resource-abundant country and may decrease the forest stock in the resource-scarce country. Moreover, the policies primarily aimed at protecting forests, such as import restrictions by importing countries and forest certification for well-managed forests, may have perverse effects on the forest stock.

JEL-codes: F10 Q20 (search for similar items in EconPapers)
Date: 2006
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