International Trade Rules and Environmental Cooperation under Asymmetric Information
International Trade Rules and Environmental Cooperation under Asymmetric Information
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信息不对称下的国际贸易规则与环境合作
DOI:
10.2307/2527283
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发表时间:
1997
影响因子:
1.5
通讯作者:
I. Wooton
中科院分区:
文献类型:
--
作者:
Rodney D. Ludema;I. Wooton
With asymmetric information about local costs relative to international benefits of direct environmental policy, countries will rely too heavily on trade policy in controlling cross-border externalities in negotiated agreements. The unilateral externality policy chosen before negotiations by an exporter provides a signal about its local cost, modifying the information used in negotiations. The greater the exporter's incentive to use an externality tax as a second-best trade instrument, the better the signal. Consequently, exogenous limits on the unilateral use of trade policy in the absence of environmental cooperation can diminish the informational problem and improve the performance of prospective environmental agreements. Copyright 1997 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.