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Market Structure and the Environmental Implications of Trade Liberalization : Russia ’ s Accession to the World Trade Organization
| Content Provider | Semantic Scholar |
|---|---|
| Author | Böhringer, Christoph Rutherford, Thomas F. |
| Copyright Year | 2015 |
| Abstract | We investigate the environmental impacts of Russia’s WTO accession with a computable general equilibrium model incorporating imperfectly competitive firms, foreign direct investment, and endogenous productivity. WTO accession increases CO2 emissions through technique (−), composition (+) and scale (+) effects. We consider three complementary policies to limit CO2 emissions: cap and trade; emission intensity standards; and energy efficiency standards. With imperfectly competitive fimrs, gains from WTO accession result with any of these policies. If we assume perfectly competitive market structures, the negative environmental impacts of WTO accession are smaller, and yet no net gains arise when environmental regulation involves energy intensity or efficiency standards. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://tarc.exeter.ac.uk/media/universityofexeter/businessschool/documents/centres/tarc/events/masterclasses/RussiaWTO.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
