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The Pollution Terms of Trade |
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| Authors: | Werner Antweiler |
| Institution: | Faculty of Commerce and Business Administration , University of British Columbia , Policy Analysis Division, 2053 Main Mall, Vancouver, British Columbia, V6T 122, Canada E-mail: wemer@pacific.commerce.ubc.ca ?WWW: http://pacific.commerce.ubc.ca/werner.html |
| Abstract: | This paper introduces the concept of a ‘pollution terms of trade’ index. It measures the environmental gains or losses that a country sustains from engaging in international trade. The index distinguishes between the trade composition effect and the environmental technology effect. Calculations of the trade composition effect reveal a gap between developed and developing nations. |
| Keywords: | International trade environment Heckscher-Ohlin-Vanek theory |