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International Trade in “Bads”

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Merits and Limits of Markets

Part of the book series: Publications of the Egon-Sohmen-Foundation ((EGON-SOHMEN))

Abstract

Our assignment is to survey the literature on trade in “bads.” To do so requires three steps. A first is to define “bads,” at least for purposes of this paper. A second is then to attempt to set forth an analytical framework against which trade in “bads” can be evaluated and the optimal policy with respect to trade in “bads” can be addressed. It is important to note that it is trade policy, not overall policy, and trade policy from an international viewpoint, not from a domestic perspective, that is discussed here. The third step is to survey what is known about trade in “bads.” These tasks are tackled in that order in what follows.

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Authors
  1. Anne O. Krueger
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  2. Chonira E. Aturupane
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Editor information

Editors and Affiliations

  1. Kiel Institute of World Economics, Düsternbrooker Weg 120, D-24105, Kiel, Germany

    Herbert Giersch (Past President) (Past President)

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© 1998 Springer-Verlag Berlin Heidelberg

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Krueger, A.O., Aturupane, C.E. (1998). International Trade in “Bads”. In: Giersch, H. (eds) Merits and Limits of Markets. Publications of the Egon-Sohmen-Foundation. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-72210-3_10

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  • DOI: https://doi.org/10.1007/978-3-642-72210-3_10

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-72212-7

  • Online ISBN: 978-3-642-72210-3

  • eBook Packages: Springer Book Archive

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