International Trade, Factor Movements, and the Environment

By Michael Rauscher | Go to book overview

Figures
2.1 Private and Social Costs20
2.2 Transfrontier Pollution and the Nash Equilibrium23
3.1 Changes in Emissions and the Remuneration of Capital45
3.2 Welfare Effects of International Capital Mobility49
3.3 The Rate-of-Return Effect of Environmental Policy56
3.4 The Impact of Capital Movements on Emissions62
3.5 Non-Cooperative Environmental Policies and Pareto Improvements67
3.6 Effects of Factor Market Interventions74
3.7 Monopolistic Supply of Foreign Capital79
3.8 Inefficient Environmental Policy Instruments and the Gains from Trade82
4.1 Welfare Effects of Trade in Toxic Waste100
4.2 Effects of an Increase in Emissions106
4.3 Non-Co-operative Environmental Policies and Pareto Improvements111
4.4 Welfare Effects of a Voluntary Export Restraint114
4.5 Market Power and Trade in Hazardous Waste118
5.1 Effects of Environmental Regulation on Trade without External Effects on Production134
5.2 Terms-of-Trade Changes and the Environment: The Case of Optimal Taxes146
6.1 Environmental Taxation and Foreign Monopoly165
6.2 Import-Competing Monopolist: The Second-Best Case171
6.3 Location of a Polluting Plant: The Co-operative Solution174
6.4 Interjurisdictional Competition175
6.5 Strategic Environmental Policy in the Cournot Model183
6.6 Strategic Environmental Policy and Tax Competition186
6.7 Price Competition and Environmental Policy187
6.8 Effects of Quality Changes in the Cournot Game195
6.9 Strategic Use of Environmental Quality Standards198

-xi-

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