Environmental Standards in a Large Open Economy

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Environmental Standards in a Large Open Economy

The small-country price-taking assumption of Oates and Schwab is relaxed to consider a large open economy that can influence its net capital return. This creates an incentive for the country to distort its policies. The key question asked is whether this induces inefficient outcomes. The result is t...

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Bibliographic Details
Main Author:	Petchey, Jeffrey
Format:	Journal Article
Published:	2015
Online Access:	http://hdl.handle.net/20.500.11937/22091

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