Greenhouse-Gas Emission Controls and Firm Locations in North–South Trade

Jota Ishikawa, Toshihiro Okubo

研究成果: Article査読

5 被引用数 (Scopus)

抄録

This paper studies greenhouse-gas emission (GHG) controls in the presence of international carbon leakage through international firm relocation. In a new economic geography model with two countries (‘North’ and ‘South’), only North sets a target for GHG emissions. We compare the consequences of emission quotas and emission taxes under trade liberalization on location of two manufacturing sectors with different emission intensities and degrees of carbon leakage. With low trade costs, further trade liberalization increases global emissions by facilitating carbon leakage. Regulation by quotas leads to spatial sorting, resulting in less carbon leakage and less global emissions than regulation by taxes.

本文言語English
ページ(範囲)637-660
ページ数24
ジャーナルEnvironmental and Resource Economics
67
4
DOI
出版ステータスPublished - 2017 8 1

ASJC Scopus subject areas

  • 経済学、計量経済学
  • 管理、モニタリング、政策と法律

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