Abstract
For environmental policy influencing trade flows three relevant modes of environmental regulation need to be distinguished: product regulation, production process regulation, and — particularly as a subcase of the latter — allocation of environmental control costs. Product regulation generally enhances the domestic market position of domestic production, while process regulation may reduce the domestic position in international markets. To mitigate the latter effects subsidies to cover environmental control costs are discussed.
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© 1995 Physica-Verlag Heidelberg
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Steininger, K.W. (1995). Conclusions. In: Trade and Environment. Contributions to Economics. Physica-Verlag HD. https://doi.org/10.1007/978-3-642-49342-3_6
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DOI: https://doi.org/10.1007/978-3-642-49342-3_6
Publisher Name: Physica-Verlag HD
Print ISBN: 978-3-7908-0814-8
Online ISBN: 978-3-642-49342-3
eBook Packages: Springer Book Archive