Theoretical Analysis on Stock Externalities and International Trade

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This study considered economies with stock externalities such as resource and environmental problems and infrastructure construction, and explored the interactions between international trade and the stock externalities by developing theoretical models. This study contains the following research topics as subcategories, and derived theoretical contributions and their policy implications : 1)effects of trade liberalization in the presence of transboundary pollution stock, 2)trade patterns and trade gains with a stock of public intermediate good, 3)properties of equilibrium paths in dynamic trade models with externalities, and 4)renewable resources as inputs and international trade.