Trade liberalization and transboundary pollution

Yu-Bong Lai and Chia-Hsien Hu

Environmental Economics and Policy Studies, 2005, vol. 7, issue 1, 14 pages

Abstract: This article investigates the effects of trade liberalization on transboundary pollution associated with consumption and global welfare in a reciprocal-markets model. We find that a bilateral reduction in tariffs is beneficial to the global environment. Moreover, trade liberalization will enhance global welfare if trans-boundary pollution is sufficiently strong. Copyright Springer Japan 2005

Keywords: Transboundary pollution; Environmental taxes; Tariffs; Trade liberalization; Consumption externalities (search for similar items in EconPapers)
Date: 2005
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DOI: 10.1007/BF03353942

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