Open Access Renewable Resources: Trade and Trade Policy in a Two-Countrymodel
Open Access Renewable Resources: Trade and Trade Policy in a Two-Countrymodel
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开放获取可再生资源:两国模型中的贸易和贸易政策
DOI:
10.3386/w5474
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发表时间:
1996
期刊:
影响因子:
--
通讯作者:
M. Scott Taylor
中科院分区:
文献类型:
--
作者:
James A. Brander;M. Scott Taylor
This paper develops a two-good, two-country model with national open access renewable resources. We derive an appropriate analog of `factor proportions' for the renewable resource case and link it to trade patterns and to the likelihood of diversified production. The resource importer gains from trade. However, a diversified resource exporting country necessarily suffers a decline in steady state utility resulting from trade, and may lose along the entire transition path. Thus the basic `gains from trade' presumption is substantially undermined by open access resources. Tariffs imposed by the resource importing country always benefit the resource exporter, and may be pareto-improving.