National Treatment and the optimal regulation of environmental externalities

Abstract.  We analyze the role of National Treatment in the regulation of environmental product standards for an open economy. A social planner uses product standards to control emissions from the consumption of a traded good. We show that whether National Treatment of standards interferes with welf...

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Detalles Bibliográficos
Autores principales: Roy, Devesh, Gulati, Sumeet
Formato: Journal Article
Lenguaje:Inglés
Publicado: Wiley 2008
Materias:
Acceso en línea:https://hdl.handle.net/10568/162383
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author Roy, Devesh
Gulati, Sumeet
author_browse Gulati, Sumeet
Roy, Devesh
author_facet Roy, Devesh
Gulati, Sumeet
author_sort Roy, Devesh
collection Repository of Agricultural Research Outputs (CGSpace)
description Abstract.  We analyze the role of National Treatment in the regulation of environmental product standards for an open economy. A social planner uses product standards to control emissions from the consumption of a traded good. We show that whether National Treatment of standards interferes with welfare‐maximizing policy depends on the instruments available to the policy maker (consumption or emissions tax) and differences in the cost of complying with the standard. We also highlight the asymmetric incidence of the domestic and import product standard when taxes are suboptimal. This asymmetric incidence can also cause welfare‐maximizing policy to violate National Treatment.
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spelling CGSpace1623832024-11-21T10:02:43Z National Treatment and the optimal regulation of environmental externalities Roy, Devesh Gulati, Sumeet agriculture Abstract.  We analyze the role of National Treatment in the regulation of environmental product standards for an open economy. A social planner uses product standards to control emissions from the consumption of a traded good. We show that whether National Treatment of standards interferes with welfare‐maximizing policy depends on the instruments available to the policy maker (consumption or emissions tax) and differences in the cost of complying with the standard. We also highlight the asymmetric incidence of the domestic and import product standard when taxes are suboptimal. This asymmetric incidence can also cause welfare‐maximizing policy to violate National Treatment. 2008-11 2024-11-21T10:02:43Z 2024-11-21T10:02:43Z Journal Article https://hdl.handle.net/10568/162383 en Limited Access Wiley Roy, Devesh; Gulati, Sumeet. 2008. National Treatment and the optimal regulation of environmental externalities. Canadian Journal of Economics/Revue canadienne d'économique Canadian Journal of Economics/Revue canadienne d'économique 41(4): 1445-1471
spellingShingle agriculture
Roy, Devesh
Gulati, Sumeet
National Treatment and the optimal regulation of environmental externalities
title National Treatment and the optimal regulation of environmental externalities
title_full National Treatment and the optimal regulation of environmental externalities
title_fullStr National Treatment and the optimal regulation of environmental externalities
title_full_unstemmed National Treatment and the optimal regulation of environmental externalities
title_short National Treatment and the optimal regulation of environmental externalities
title_sort national treatment and the optimal regulation of environmental externalities
topic agriculture
url https://hdl.handle.net/10568/162383
work_keys_str_mv AT roydevesh nationaltreatmentandtheoptimalregulationofenvironmentalexternalities
AT gulatisumeet nationaltreatmentandtheoptimalregulationofenvironmentalexternalities