The Welfare Consequences of Pollution-Tax Harmonization |
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| Authors: | Nikolaos Vlassis |
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| Affiliation: | 1. Department of Economics, University of Exeter Business School, Streatham Court, Renes Drive, Exeter, EX4 4PU, UK
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| Abstract: | A key, and often controversial, issue in environmental negotiations is the appropriate extent of harmonization of environmental policies. This paper, within a general equilibrium model of international trade with endogenous pollution discharges, identifies instances in which pollution-tax harmonization can deliver potential Pareto improvements. |
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