The trade-induced degradation hypothesis
Article Abstract:
A simple two sector dynamic model was analyzed for the study of the impact of international trade, particularly during the implementation of a myopic stand by the government concerning the environment without disregarding quality of the environment and adjustments in income levels. Free trade was determined to have the ability to initiate a negatively reinforcing cycle of lower real incomes, decreased environmental quality and more pollution. The ability of trade to produce significant environmental changes is linked to the structure of taste and technologies and the nature of industrial pollution.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1997
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International trade between consumer and conservationist countries
Article Abstract:
A study of the international trade among consumer and conservationist countries showed that the consumer country exports the resource good but experiences steady-state losses from trade. This supports the traditional belief that weak resource management standards provide an edge to domestic firms in the resource sector. Harvesting of a resource face difficulties once the stock is gone while a concave growth function determines the growth of the resource stock. Opening trade mitigates a significant market failure in the consumer country while a milder market failure can be made worse by trade.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1997
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Beyond the crucial experiment: mapping the performance characteristics of contingent valuation
Article Abstract:
Future studies in contingent valuation (CV) should move towards a broad-based research program which should include proliferation of methods, mapping of performance characteristics of CV and combining contingent and observed choice data. CV research has progressed steadily between the 1970s and the 1980s and CV researchers are now preoccupied with standardizing methods and constructing Popperian tests of CV generically.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1998
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