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Environmental Impacts on Optimal Trade Policies

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dc.contributor.editor Johnston, Richard S.
dc.contributor.editor Shriver, Ann L.
dc.creator Chao, Chi-Chur
dc.creator Yu, Eden S.H.
dc.date 2001
dc.date.accessioned 2012-12-04T00:54:58Z
dc.date.available 2012-12-04T00:54:58Z
dc.date.copyright 2001
dc.date.issued 2001
dc.identifier.citation Chao, C. and E.S.H. Yu. Environmental Impacts on Optimal Trade Policies. In: Microbehavior and Macroresults:Proceedings of the Tenth Biennial Conference of the International Institute ofFisheries Economics and Trade, July 10-14, 2000, Corvallis, Oregon, USA.Compiled by Richard S. Johnston and Ann L. Shriver. InternationalInstitute of Fisheries Economics and Trade (IIFET), Corvallis, 2001. en_US
dc.identifier.uri http://hdl.handle.net/1957/35430
dc.description.abstract This paper examines the impacts of tightening environmental regulations on optimal trade and investment policies. We find that for a small open two-sector economy with an importable sector relying on foreign capital while emitting pollution, a more stringent environmental measure leads to a higher optimal tariff and possibly a higher optimal tax on foreign capital. This result holds whether or not there are capital tax credits in the foreign country. When such tax credits are in place in the foreign country, three possible cases regarding the domestic capital tax rate relative to the foreign rate are identified and examined. In one such case, multiple equilibria of optimal policies may exist. en_US
dc.description.sponsorship International Institute of Fisheries Economics and Trade U.S. National Marine Fisheries Service MG Kailis Group en_US
dc.language.iso en en_US
dc.publisher International Institute of Fisheries Economics and Trade en_US
dc.subject Fisheries Economics en_US
dc.subject Markets and Trade en_US
dc.subject Trade, Growth, Natural Resources and the Environment en_US
dc.title Environmental Impacts on Optimal Trade Policies en_US
dc.type Research Paper en_US
dc.description.peerreview no en_US

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