Abstract

http://ssrn.com/abstract=245994
 
 

Citations



 


 



An Economic Analysis of Trade Measures to Protect the Global Environment


Howard F. Chang


University of Pennsylvania Law School


Georgetown Law Journal, Vol. 83, No. 6, p. 2131, July 1995

Abstract:     
This paper addresses the role of trade restrictions in support of policies to protect the global environment and proposes a more liberal treatment of these environmental trade measures (ETMs) than that adopted by dispute- settlement panels of the General Agreement on Tariffs and Trade (GATT). The GATT Secretariat has recommended that countries like the United States rely on "carrots" rather than "sticks" to induce the participation of other countries in multilateral agreements. This paper defends the use of "sticks" on the ground that they encourage more restrained exploitation of the environment pending a multilateral agreement. First, "sticks" would discourage countries from harming the environment. Second, "carrots" create perverse incentives. Countries may seek to convince others that they derive large benefits from exploitation by engaging in a great deal of exploitation, so that other countries will offer large "carrots" to induce their restraint. This paper also addresses how GATT should limit the use of trade restrictions to prevent the protectionist abuse of trade measures.

JEL Classification: F1, Q2

Accepted Paper Series





Not Available For Download

Date posted: August 31, 2001  

Suggested Citation

Chang, Howard F., An Economic Analysis of Trade Measures to Protect the Global Environment. Georgetown Law Journal, Vol. 83, No. 6, p. 2131, July 1995. Available at SSRN: http://ssrn.com/abstract=245994

Contact Information

Howard F. Chang (Contact Author)
University of Pennsylvania Law School ( email )
3501 Sansom Street
Philadelphia, PA 19104
United States
215-573-8296 (Phone)
215-573-2025 (Fax)
Feedback to SSRN


Paper statistics
Abstract Views: 1,172

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo4 in 0.250 seconds