Renewable Resources, Pollution and Trade in a Small Open Economy

Arbeitspapier

Industrial pollution can have damaging effects on resource-based productive sectors. International trade creates opportunities for overexploitation of the open-access renewable resources but also for separating the sectors spatially. The paper shows that, depending on the relative damage inflicted by the two industries on the environment, it is possible that the production externality will persist and that specialization in the dirty good may not be the obvious choice from a welfare perspective. Also, the resource exporter does not necessarily have to lose from trade even when specializing incompletely, due to the partially offsetting external effects.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Nota di Lavoro ; No. 140.2006

Classification and Topics

• Classification: Wirtschaft ; Renewable Resources and Conservation: Issues in International Trade ; Renewable Resources and Conservation: Fishery; Aquaculture ; Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
• Subject: Renewable Resources ; Pollution ; Production Externalities ; Environment ; International Trade

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Rus, Horatiu A.
• Event: Veröffentlichung
• (who): Fondazione Eni Enrico Mattei (FEEM)
• (where): Milano
• (when): 2006

Further information

• Handle: http://hdl.handle.net/10419/74133
• Last update: 10.03.2025, 11:41 AM CET