Reformas multilaterales sobre comercio y medio ambiente en una economía abierta y contaminada
This paper presents welfare-improving reforms for a polluted open economy aiming to reduce distortions from the use of trade and pollution taxes applied at a sub-optimal level. Using a general equilibrium model where two final goods are produced using an intermediate pollutant input and traded with...
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| Formato: | Online |
| Idioma: | inglés |
| Editor: |
El Colegio de México, A.C.
2017
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| Acceso en línea: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/9 |
| Revista: |
Estudios Económicos |
| Sumario: | This paper presents welfare-improving reforms for a polluted open economy aiming to reduce distortions from the use of trade and pollution taxes applied at a sub-optimal level. Using a general equilibrium model where two final goods are produced using an intermediate pollutant input and traded with a foreign country, the domestic economy chooses trade and environmental policies optimally. Terms of trade effects are key to finding that free trade and non-zero pollution taxes are the directions for multilateral welfare-improving reforms. |
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