CRC Press The Economics of International Trade and the Environment

Issues related to environmental protection and trade liberalization have moved to the forefront of international policy agendas. The Economics of International Trade and the Environment explores - from an economic standpoint - many of the questions that are germane in increasing our knowledge of environmental policy in the presence of international trade and trade policy in the presence of environmental externalities. Ultimately we must ask "What can economic theory tell us about the connections between environmental and trade policy?" This book uses the tools of game and microeconomic theory to analyze diverse issues such as: the effects of international trade in waste products on illegal disposal, the nature of environmental policy when market structure and plant locations are endogenous, and the issue of ecological dumping. The authors apply economic theory to practical settings to ascertain the extent to which this theory can inform policy decisions about problems at the interface of international trade and the environment. Edited by well-known researchers and authors, this is the only resource that can serve as an effective guide to the theoretical and empirical literature on international trade and the environment. The Economics of International Trade and the Environment provides comprehensive coverage on a wide variety of topics and contains the most recent contributions in this area and is suitable as a graduate course in Economics and International Trade About the Author Amitrajeet A. Batabyal, Ph.D. is Arthur J. Gosnell Professor of Economics at the Rochester Institute of Technology. He earned his B.S. degree in Agricultural Economics with Honors and with Distinction at Cornell University in 1987, his M.S. degree in Agricultural and Applied Economics at the University of Minnesota in 1990, and his Ph.D. in Agricultural and Resource Economics at the University of California, Berkeley, in 1994. Professor Batabyal has taught undergraduate courses in international economics for business, international trade theory, and microeconomic theory, and has taught graduate courses in environmental economics, microeconomic theory, and operations research., Professor Batabyal has published over 200 books, book chapters, journal articles, and book reviews. As well, he has received many awards and honors including the Robert W. Purcell Scholarship for Research and Economics at the American Enterprise Institute for Public Policy Research, the James E. and Velva L. Rose Prize in International Development at Cornell University, and the College of Business Research Publication Award at Utah State University. He currently is book review editor of the American Journal of Agricultural Economics, associate editor of the Journal of Regional Science, and editorial council member of the Review of Development Economics. His research interests lie in environmental economics, natural resource economics, development economics, international trade theory, and the interface of economics with biology, philosophy, and political science., Hamid Beladi, Ph.D. is Professor of Economics and holds the Niehaus Chair in Business Administration at the University of Dayton. He earned his Ph.D. at the Utah State University in 1983. From 1992 to 1997, Professor Beladi was the William J. Hoben Research Scholar in International Business at the University of Dayton. He has taught graduate and undergraduate courses in international trade, research methods, mathematical economics, microeconomic theory, and development economics., Professor Beladi is currently editor of International Review of Economics and Finance and associate editor of Review of International Economics. He serves on the editorial boards for the Journal of International Trade and Economics Development and the Review of Economic Development, and is a founding member of the International Economics and Finance Society. He has received the Faculty Scholarship Award and School of