International trade and renewable resources under asymmetries of resource abundance and resource management |
| |
Authors: | Naoto Jinji |
| |
Institution: | (1) Faculty of Economics, Okayama University, 3-1-1 Tsushima-Naka, Okayama 700-8530, Japan |
| |
Abstract: | This paper examines the interaction between relative resource abundance and resource management regimes in determining trade
patterns and gains from trade in a two-country model with a renewable resource. A model developed by Brander and Taylor Brander
JA, Taylor MS (1997b) Resour Energy Econ 19:267–297] is extended. It is shown that relative resource abundance determines
trade patterns if resource abundance is similar in both countries and the relative demand for the resource good is moderate,
or if resource abundance is sufficiently different and the relative demand is not so high. Otherwise, a difference in resource
management regimes determines trade patterns. Even under an open-access regime, the resource-scarce country gains from trade
unless resource abundance is similar and the relative demand is low.
|
| |
Keywords: | International trade Open access Relative resource abundance Renewable resources Resource management regime |
本文献已被 SpringerLink 等数据库收录! |
|