International Process Standards and North-South Trade (ABSTRACT)
Wigle, R., & Perroni, C.
published: 1999 | Research publication | Refereed Journals - Economics
Wigle, R., & Perroni, C. (1999). "International Process Standards and North-South Trade". Review of Development Economics, 3 (1), 11-26.
ABSTRACT: This paper examines the choice between alternative trade-based approaches to reducing global environmental damage, such as trade-related process standards and tariff-based approaches. Estimates of the effects of alternative policies are presented, using a calibrated global trade model with pollution externalities. It is found that both trade-related process standards and tariff-based policies are rather ineffective at reducing global emissions. The adoption of general process standards, however, might be exceedingly costly to developing countries.
Download the article at: http://dx.doi.org/10.1111/1467-9361.00048
revised Jan 7/05
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