Price and Quantitative Restrictions of Trade and Environment in an Open Economy
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We examine the welfare effects of price and quantitative restrictions of trade and environment in an open economy. By extending the model developed by Copeland (1994) to include endogenous determination of terms of trade, we characterize the welfare-improving reforms of tariffs, import quotas, pollution taxes, and pollution quotas. First, we show that a reduction of all tariff distortions proportional to the degree of tariff distortion improves a large country’s welfare if all the industries protected by tariffs are damage-intensive with respect to pollutants regulated by pollution taxes. Second, we characterize the conditions under which relaxing an import quota improves welfare. Third, we show that a reduction of all pollution tax distortions proportional to the degree of pollution tax distortion improves welfare under the same conditions as in tariff reforms. Finally, we characterize the conditions under which tightening a pollution quota improves welfare.
収録刊行物
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- 経済学季報
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経済学季報 63 (2), 31-50, 2013-11-05
立正大学経済学会
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詳細情報 詳細情報について
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- CRID
- 1050564287552476928
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- NII論文ID
- 120005540047
- 40019890602
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- NII書誌ID
- AN00069955
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- ISSN
- 02883457
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- HANDLE
- 11266/5419
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- NDL書誌ID
- 025048900
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- 本文言語コード
- en
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- 資料種別
- departmental bulletin paper
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- データソース種別
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- IRDB
- NDL
- CiNii Articles