Unprotected resources and voracious world markets: A proof of losses in North-South Trade

Michael Margolis ()

Resource and Energy Economics, 2009, vol. 31, issue 1, 50-57

Abstract: This paper develops a generalization of Chichilnisky's [Chichilnisky, G., 1994. North-South Trade and the global environment. American Economic Review 84 (4), 851-874.] model of North-South Trade, making use of the dual theory of international trade. The central purpose is to provide rigorous proof of the previously unproven assertion that the South can lose from trade and from price changes that normally constitute terms-of-trade improvements.

Keywords: Trade; and; environment; North-South; trade; Second-best (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:eee:resene:v:31:y:2009:i:1:p:50-57

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