Common Ground Between Free-Traders and Environmentalists
We use a North-South model with property right differences and resource dynamics to study the effects of trade on resource use and welfare. Autarky is likely to Pareto-dominate free trade in the long run when the environment is quite fragile, and the result is reversed when the environment is quite...
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| Veröffentlicht in: | International economic review (Philadelphia) 2001-08, Vol.42 (3), p.617-648 |
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| container_title | International economic review (Philadelphia) |
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| creator | Karp, Larry Sacheti, Sandeep Zhao, Jinhua |
| description | We use a North-South model with property right differences and resource dynamics to study the effects of trade on resource use and welfare. Autarky is likely to Pareto-dominate free trade in the long run when the environment is quite fragile, and the result is reversed when the environment is quite resilient. Trade may cause an environmentally poor country to "drag down" its richer trading partner, when they degrade their stocks which would be preserved under autarky. It may enable the environmentally richer country to "pull up" its partner, when they preserve their stocks which would be degraded under autarky. |
| doi_str_mv | 10.1111/1468-2354.00127 |
| format | Article |
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Autarky is likely to Pareto-dominate free trade in the long run when the environment is quite fragile, and the result is reversed when the environment is quite resilient. Trade may cause an environmentally poor country to "drag down" its richer trading partner, when they degrade their stocks which would be preserved under autarky. 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It may enable the environmentally richer country to "pull up" its partner, when they preserve their stocks which would be degraded under autarky.</description><subject>Countries</subject><subject>Economic theory</subject><subject>Environmental economics</subject><subject>Environmentalism</subject><subject>Environmentalists</subject><subject>Free trade</subject><subject>Natural resources</subject><subject>North South trade</subject><subject>Pareto optimum</subject><subject>Property rights</subject><subject>Resource stocks</subject><subject>Steady state economies</subject><subject>Studies</subject><subject>Sustainability</subject><subject>Trade</subject><subject>Trade regionalization</subject><subject>Welfare</subject><subject>Welfare economics</subject><issn>0020-6598</issn><issn>1468-2354</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2001</creationdate><recordtype>article</recordtype><recordid>eNqFkDtPwzAURi0EEuUxM7BUDGwp14_E9ghVWyrxkBCoo-UmN1JKEoOdUvj3uAR1YMGLJX_f8b06hJxRGNF4rqjIVMJ4KkYAlMk9Mti97JMBAIMkS7U6JEchrAAg40IOiBq7pnHtcObdui2GN9htENvh1CMmz94W6MPQxmDSflTetQ22na2r0IUTclDaOuDp731MXqaT5_Ftcvc4m4-v75I8DpMJ50oKzeXSQpmJIhOlzrGgKJXOSssh16VOdVFyJXJVFJCzbLnUkiPltMyZ5cfksv_3zbv3NYbONFXIsa5ti24dDFdMgwARixd_iiu39m3czTAap2mRbktXfSn3LgSPpXnzVWP9l6FgthrNVprZSjM_GiMhemJT1fj1X93MJ0-THjvvsVXonN9hiklgPKZJn0aT-LlLrX81meQyNYuHmVnA7FY_3d8Yyb8B92KK4Q</recordid><startdate>200108</startdate><enddate>200108</enddate><creator>Karp, Larry</creator><creator>Sacheti, Sandeep</creator><creator>Zhao, Jinhua</creator><general>Blackwell Publishers Ltd</general><general>Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association</general><general>Blackwell Publishing Ltd</general><scope>BSCLL</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>200108</creationdate><title>Common Ground Between Free-Traders and Environmentalists</title><author>Karp, Larry ; Sacheti, Sandeep ; Zhao, Jinhua</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c5987-33874937ba0f64d64f9ced1e7896fa30c9f959df384c8dd0c26bb973e131fc2a3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2001</creationdate><topic>Countries</topic><topic>Economic theory</topic><topic>Environmental economics</topic><topic>Environmentalism</topic><topic>Environmentalists</topic><topic>Free trade</topic><topic>Natural resources</topic><topic>North South trade</topic><topic>Pareto optimum</topic><topic>Property rights</topic><topic>Resource stocks</topic><topic>Steady state economies</topic><topic>Studies</topic><topic>Sustainability</topic><topic>Trade</topic><topic>Trade regionalization</topic><topic>Welfare</topic><topic>Welfare economics</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Karp, Larry</creatorcontrib><creatorcontrib>Sacheti, Sandeep</creatorcontrib><creatorcontrib>Zhao, Jinhua</creatorcontrib><collection>Istex</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>International economic review (Philadelphia)</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Karp, Larry</au><au>Sacheti, Sandeep</au><au>Zhao, Jinhua</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Common Ground Between Free-Traders and Environmentalists</atitle><jtitle>International economic review (Philadelphia)</jtitle><date>2001-08</date><risdate>2001</risdate><volume>42</volume><issue>3</issue><spage>617</spage><epage>648</epage><pages>617-648</pages><issn>0020-6598</issn><eissn>1468-2354</eissn><abstract>We use a North-South model with property right differences and resource dynamics to study the effects of trade on resource use and welfare. 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| fulltext | fulltext |
| identifier | ISSN: 0020-6598 |
| ispartof | International economic review (Philadelphia), 2001-08, Vol.42 (3), p.617-648 |
| issn | 0020-6598 1468-2354 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_38290404 |
| source | Wiley Journals; Business Source Complete; JSTOR Archive Collection A-Z Listing |
| subjects | Countries Economic theory Environmental economics Environmentalism Environmentalists Free trade Natural resources North South trade Pareto optimum Property rights Resource stocks Steady state economies Studies Sustainability Trade Trade regionalization Welfare Welfare economics |
| title | Common Ground Between Free-Traders and Environmentalists |
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