Sustainability in closed and open economies

Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/895

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DC Field	Value	Language
dc.creator	Klepper, Gernot	-
dc.creator	Stähler, Frank	-
dc.date	1996	-
dc.date.accessioned	2013-10-16T06:05:16Z	-
dc.date.available	2013-10-16T06:05:16Z	-
dc.date.issued	2013-10-16	-
dc.identifier	http://hdl.handle.net/10419/895	-
dc.identifier	ppn:21273329X	-
dc.identifier.uri	http://koha.mediu.edu.my:8181/xmlui/handle/10419/895	-
dc.description	This paper discusses unilateral sustainability policies for tradable resources in closed and open economies. The effects of sustainability policies are modelled in an intertemporal, competitive framework by applying different sustainability rules which are introduced unilaterally in the domestic country. The paper shows that no sustainability rule will lead to a slower rate of extraction of the resource. Instead, resource extraction is increased in both countries. It is also shown that the foreign country may well gain in terms of consumption and real income from such unilateral sustainability policies but not in terms of sustainability.	-
dc.language	eng	-
dc.publisher	Kiel Institute for the World Economy (IfW) Kiel	-
dc.relation	Kiel Working Papers 741	-
dc.rights	http://www.econstor.eu/dspace/Nutzungsbedingungen	-
dc.subject	ddc:330	-
dc.subject	International trade	-
dc.subject	factor mobility	-
dc.subject	sustainability	-
dc.subject	international environmental problems	-
dc.title	Sustainability in closed and open economies	-
dc.type	doc-type:workingPaper	-
Appears in Collections:	EconStor

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