Environmental Economics and the International Economy

Greener Taxes, Freer Trade? -- North-South Trade and Pollution Migration: The Debate Revisited -- Regulatory Competition, Transboundary Pollution and International Trade -- Modelling Commitment in Multi-Stage Models of Location, Trade and Environment -- International Competition and Investment in Abatement: Taxes Versus Standards -- Environmental Policy Under Product Differentiation and Asymmetric Costs -- The Stringency of Environmental Regulation and the 'Porter Hypothesis' -- Measuring the Effects of Environmental Regulations on Manufacturing Plant Births: A New Empirical Paradigm -- The Impact of Environmental Regulations on Capital Flows: Some Methodological Considerations -- Environmental Policy and Firms' Decision-Making About Location Choice -- The Efficiency, Equity and Politics of Emissions Permit Trading -- Should Emissions Reduction Units be Tradable? -- The Kyoto Regime, Changing Patterns of International Trade and Carbon Leakage.

Preliminaries -- CONTENTS -- Preface -- Introduction -- Greener Taxes, Freer Trade? -- North-South Trade and Pollution Migration -- Regulatory Competition, Transboundary Pollution and International Trade -- Modelling Commitment in a Multi-Stage Models -- International Competition and Investment in Abatement -- Environmental Policy Under Product Differentiation and Asymmetric Costs -- The Stringency of Environmental Regulation and the "Porter Hypothesis" -- Measuring the Effects of Environmental Regulations on manufacturing plant births -- The Impact of Environmental Regulations on Capital Flows -- Environmental Policy and Firms' Decision-Making About Location Choice -- The Efficiency, Equity and Politics of Emissions Permit Trading -- Should Emissions Reduction Units Be Tradable? -- The Kyoto Regime, Changing Patterns of International Trade and Carbon Leakage.

Thirteen papers addressing current issues in international environmental economics. They analyze the relationship between trade liberalization and environmental policy; the impact of trade liberalization on environmental quality; investigate problems of commitment faced by regulating authorities; provide new insights into the Porter hypothesis; present empirical research related to international competitiveness and location of polluting plants; address international environmental agreements, with a special focus on income distribution and the political-economy dimension, tradable emission reductions, and the quantitative impact of trade liberalization and the implementation of the Kyoto Protocol on carbon leakage.The papers in this volume show that even after ten years of intense research both on trade and the environment, and on transfrontier pollution and international environmental agreements, research in this area still produces new, relevant, and thought-provoking ideas and results.