International Trade, Factor Movements, and the Environment

By Michael Rauscher | Go to book overview

Contents
Prefacev
List of Figuresxi
List of Tablesxiii
1. Introduction1
1.1 Foreign Trade and the Environment: An Awkward Relationship1
1.2 The Empirical Evidence: A Survey of the Literature6
1.3 Organization of the Book15
2. Basic Concepts and Definitions19
2.1 Externalities, Property Rights, and Market Failure19
2.2 Cooperative and Non-Cooperative Environmental Policies22
2.3 The Endowment of a Country with Environmental Resources24
2.4 Ecological Dumping27
2.5 Emissions as a Factor of Production30
2.6 Elements of a Model of Environment and the Economy34
2.7 The Dual Approach36
Appendix: Properties of Linear Homogeneous Functions38
3. Environmental Policy and International Capital Movements39
3.1 Introduction39
3.2 The Model41
3.3 Explaining Patterns of Factor Mobility42
3.4 Access to the World Capital Market: The Small Country47
3.5 Effects of Changes in Environmental Policy52
3.6 Optimal Environmental Policies59
3.7 The Impact of the Policy Measure Chosen in the other Country63
3.8 Cooperative versus Non-co-operative Equilibria65

-vii-

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