NORTH SOUTH TRADE AND THE GLOBAL ENVIRONMENT

成果类型:
Article
署名作者:
CHICHILNISKY, G
署名单位:
Columbia University
刊物名称:
AMERICAN ECONOMIC REVIEW
ISSN/ISSBN:
0002-8282
发表日期:
1994
页码:
851-874
关键词:
labor
摘要:
Differences in property rights create a motive for trade among otherwise identical regions. Two regions with identical technologies, endowments, and preferences will trade if one, the South, has ill-defined property rights on environmental resources. Trade with a region with well-defined property rights transmits and enlarges the problem of the commons: the North overconsumes underpriced resource-intensive products imported from the South. This occurs even though trade equalizes all prices, of goods and factors, worldwide. Taxing the use of resources in the South is unreliable as it can lead to more overextraction. Property-rights policies may be more effective.