Trade and the Environment: Theory and Evidence (Princeton Series in International Economics)
Average customer rating: 5 out of 5 stars
  • required reading
  • A self-contained monograph of pioneering work
  • A self-contained monograph of pioneering work
Trade and the Environment: Theory and Evidence (Princeton Series in International Economics)
Brian R. Copeland , and M. Scott Taylor
Manufacturer: Princeton University Press
ProductGroup: Book
Binding: Paperback

Exports & ImportsExports & Imports | Economics | Business & Investing | Subjects | Books
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ASIN: 0691124000

Book Description

Nowhere has the divide between advocates and critics of globalization been more striking than in debates over free trade and the environment. And yet the literature on the subject is high on rhetoric and low on results. This book is the first to systematically investigate the subject using both economic theory and empirical analysis. Brian Copeland and Scott Taylor establish a powerful theoretical framework for examining the impact of international trade on local pollution levels, and use it to offer a uniquely integrated treatment of the links between economic growth, liberalized trade, and the environment. The results will surprise many.

The authors set out the two leading theories linking international trade to environmental outcomes, develop the empirical implications, and examine their validity using data on measured sulfur dioxide concentrations from over 100 cities worldwide during the period from 1971 to 1986.

The empirical results are provocative. For an average country in the sample, free trade is good for the environment. There is little evidence that developing countries will specialize in pollution-intensive products with further trade. In fact, the results suggest just the opposite: free trade will shift pollution-intensive goods production from poor countries with lax regulation to rich countries with tight regulation, thereby lowering world pollution. The results also suggest that pollution declines amid economic growth fueled by economy-wide technological progress but rises when growth is fueled by capital accumulation alone.

Lucidly argued and authoritatively written, this book will provide students and researchers of international trade and environmental economics a more reliable way of thinking about this contentious issue, and the methodological tools with which to do so.

Customer Reviews:

5 out of 5 stars required reading.......2003-11-07

This book should be required reading for anyone interested in the economics of trade and environment interactions. Copeland and Taylor have long since established themselves as leaders in this field; this book cements their reputation and will be the standard text for anyone teaching a graduate or senior level course on the subject of Trade and the Environment. I have already used this book in my own teaching. This clearly written text is fun both to read and teach from. Moreover, prior knowledge of trade theory is unnecessary for either instructors or students to take full advantage of this book.

Chapter 2 lays out the analytical framework, which fuses a general model of competitive trade with a tractable treatment of industrial pollution. This comprehensive chapter does such a good job at covering the underlying competitive trade theory that I will probably also use it to teach such models in my graduate International Trade classes in the future.

The following chapters utilize the analytical model to address pressing debates within international environmental economics. Chapter 3 examines the theoretical assumptions that would be necessary for "Environmental Kuznet's Curves" (EKCs) to exist. This chapter alone is enough to recommend this book, as a decade of prior research on EKCs has failed to provide a systematic theoretical treatment of the subject.

In chapters 4, 5 and 6, Copeland and Taylor examine the impacts of trade liberalization on environmental quality. In preparation for their empirical chapter, the authors provide a systematic analysis of two competing hypotheses: the Pollution Havens hypothesis, and the Factor Endowments hypothesis. The Pollution Havens hypothesis argues that trade liberalization will drive polluting industry to poor countries that have weak environmental regulations. Yet little of the previous empirical work has found support for this hypothesis. Copeland and Taylor show that a long-accepted relationship from trade theory---the Factor Endowments hypothesis, which argues that trade liberalization will shift capital intensive industry to capital intensive (rich) countries---has an offsetting effect on the location of dirty industry, and provides a likely explanation for the non-results of previous empirical work. This is an argument the authors have made elsewhere, and I am glad that they allocate the space in their book to fleshing out the details.

In chapter 7 Copeland and Taylor draw together the theoretical predictions of their previous chapters to test empirically how free trade affects sulphur-dioxide concentrations in countries around the globe. They reveal that openness per se has little impact on pollution concentrations; instead, what matters is the combination of openness and country attributes. They conclude with a compelling `1% rule': "if openness to international markets raises both output and income by 1%, [sulfur-dioxide] concentrations fall by approximately 1%" (p.272). That is, freer trade may be good for the environment.

My only complaint with the book is that it isn't longer. The authors focus on the problem of industrial pollution in competitive, open economies. Additional chapters covering cases in which firms exert market power, or in which pollution is generated by consumers directly, would also be useful for students and practitioners alike. I suppose this means they'll just have to be encouraged to write a second volume.

5 out of 5 stars A self-contained monograph of pioneering work.......2003-10-31

This book develops important tools for studying the interactions
between trade and the environment. The theoretical methodology is coherent and the empirical results are surprising. Based on my own teaching experience, it makes an excellent supplementary textbook for graduate courses in international trade or environmental economics. It is also a great choice for a primary textbook for a course of special topics in international economics.

5 out of 5 stars A self-contained monograph of pioneering work.......2003-10-18

This book develops important tools for studying the interactions
between trade and the environment. The theoretical methodology is coherent and the empirical results are surprising. Based on my own teaching experience, it makes an excellent supplementary textbook for graduate courses in international trade or environmental economics. It is also a great choice for a primary textbook for a course of special topics in international economics.
Environment and trade in general equilibrium: theory, methodology, and evidence: discussion. (response to articles by Brian R. Copeland and M. Scott Taylor; ... American Journal of Agricultural Economics
Average customer rating: Not rated
    Environment and trade in general equilibrium: theory, methodology, and evidence: discussion. (response to articles by Brian R. Copeland and M. Scott Taylor; ... American Journal of Agricultural Economics
    Shantayanan Devarajan
    Manufacturer: American Agricultural Economics Association
    ProductGroup: Book
    Binding: Digital

    Natural ResourcesNatural Resources | Economics | Business & Investing | Subjects | Books
    ASIN: B00093QRIC
    Release Date: 2005-07-28

    Book Description

    This digital document is an article from American Journal of Agricultural Economics, published by American Agricultural Economics Association on August 1, 1995. The length of the article is 1932 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

    Citation Details
    Title: Environment and trade in general equilibrium: theory, methodology, and evidence: discussion. (response to articles by Brian R. Copeland and M. Scott Taylor; J. Andres Espinosa and V. Kerry Smith; and John Beghin, David Roland-Holst and Dominique van der Mensbrugghe in this issue, pp. 765, 772, 778)
    Author: Shantayanan Devarajan
    Publication: American Journal of Agricultural Economics (Refereed)
    Date: August 1, 1995
    Publisher: American Agricultural Economics Association
    Volume: v77 Issue: n3 Page: p786(3)

    Distributed by Thomson Gale

    Technical Innovation and Organisational Change: The Innovation Design Dilemma Revisited
    Average customer rating: Not rated
      Technical Innovation and Organisational Change: The Innovation Design Dilemma Revisited
      Allan Naes Gjerding
      Manufacturer: Aalborg Universitetsforlag
      ProductGroup: Book
      Binding: Paperback

      GeneralGeneral | Organizational Behavior | Business & Investing | Subjects | Books
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      ASIN: 8773075264

      Criteria and indicators of sustainability in rural development: A natural resource perspective : proceedings of the international training workshop, March 11-13, 1999
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        Criteria and indicators of sustainability in rural development: A natural resource perspective : proceedings of the international training workshop, March 11-13, 1999

        Manufacturer: Oxford & IBH Pub. Co
        ProductGroup: Book
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        Species: New Interdisciplinary Essays
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          Species: New Interdisciplinary Essays

          Manufacturer: The MIT Press
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              Nutrition for Soccer Players
              Average customer rating: 5 out of 5 stars
              • Perfect Nutrition for Soccer
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              If you want to prepare your team for the season and want to get your players in shape, you want to point out the importance of the perfect nutritions to play soccer then this book is the best book. I found that it will give you a complete overview and give the correct advise.
              If you don't have this book in your collection then it is time to buy it!
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              Average customer rating: 5 out of 5 stars
              • Easy recipes that your Kids will actually like!
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              Nutrition and Football: The FIFA/MARC Consensus on Sports Nutrition
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                Average customer rating: 3 out of 5 stars
                • Be careful what you wish for...
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                Customer Reviews:

                3 out of 5 stars Be careful what you wish for..........2006-08-22

                I am a native San Franciscan & lifelong Californian - until I moved to a rural farm town in Kansas. My town boasts 800 people - which is a TRUE small town (anything over 1,000 pop. is not really a 'small' town, by rural folks' standards). I agree w/the criticisms of this book, and there's a lot she covers which I totally agree with. BUT - I've been in Kansas 8 years now, and I'm lonely, bored and broke as hell, even though I'm happily married with a large chunk of land, no neighbors and plenty of critters around. Most rural areas are BELOW the poverty level average for the country, and finding a decent job offering more than 8.50 an hour here is extremely difficult. And it's best if you are a christian and extremist republican, too (at least in this part of the Midwest).

                PLEASE do not romanticize moving to the country, but take a good hard look at your emotional/socialogical needs first. This is EXTREMELY IMPORTANT. It's been proven that people do best living in an area of 'like-minded' people. We don't live in one, and we're paying the price now. I never considered this until hubby and I moved here, and now we are considered in the 'minority' and we pretty much don't speak of certain topics except with with each other. While we love our house and the quietness, the isolation and lack of good friends is taking its toll on us. Read this book at least 1 year before you actually commit to a new area.

                I

                4 out of 5 stars Where and HOW to fit in to a different world.......2003-06-18

                The authors are a couple who lived in Los Angeles and moved to a town in North Carolina that has a population of around 7,000. They are both career writers, but also bought an apple orchard. They discuss issues like: Are you right for small-town life? Scouting a new location; calculating the costs; making the move; recasting your career; and making a place for yourself in your new community.

                MOVING TO A SMALL TOWN has been a godsend for my husband and me, as we are planning on moving from Santa Barbara, California, in the next year. (We'd like to buy a home, and it's not going to happen here!) For people who have lived in medium to large cities their whole lives, this book gives a serious introduction to what's different in small towns, like decreased anonymity and increased expectations for community involvement. We learned some helpful ideas for choosing where to live and some new ways to think about making a living. Much of this information can be used by someone thinking of moving to a larger city, as well--one still has to scout locations, think about work, and move. This book is a must for anyone thinking about relocating.

                (and now that we finally have moved to a town of 8,500 -- a town very unlike Southern California towns, thank goodness! -- we love it even more than expected)

                Kimberly Borrowdale - Under the Covers Book Reviews

                1 out of 5 stars Now We're Big Fish, Even if the Pond is Little.......2000-04-05

                I was looking for a thoughtful guidebook on migrating back to small town life--but this wasn't it. The authors spend too much time smugly congratulating themselves just for having done what many do daily without trumpeting it about (returning home to help aging parents), and not enough on the issues the title would lead the reader to believe would be covered. In addition, I was surprised at the strong negative reaction I had to the authors themselves.

                1 out of 5 stars Ruin small towns.......1999-09-22

                Move to a small town and help turn it into the place you moved from! Yes! Yet another book that seeks out unique places to live, encourages people to move there, which in turn helps to destroy what made them special in the first place. What happens when every place like this has been ruined?

                5 out of 5 stars Don't move without reading this book!!.......1999-05-29

                As urbanites who returned to the man's family orchard, this writing team is fully aware of the pleasures and pitfalls of moving to a small town. Written with sensitivity, humor, and many examples and interviews with others who have done the same, this is a full-bodied book that MUST be read by anyone thinking of moving to a small town!
                MOVING TO A SMALL TOWN - A Guidebook For Moving From Urban To Rural America
                Average customer rating: Not rated
                  MOVING TO A SMALL TOWN - A Guidebook For Moving From Urban To Rural America
                  Wanda & Levering, Frank Urbanska
                  Manufacturer: Simon & Schuster
                  ProductGroup: Book
                  Binding: Paperback
                  ASIN: B000RZMKJ2
                  Moving to a Small Town: A Guidebook for Moving from Urban to Rural America
                  Average customer rating: Not rated
                    Moving to a Small Town: A Guidebook for Moving from Urban to Rural America
                    Wanda; Levering, Frank Urbanska
                    Manufacturer: Simon & Schuster
                    ProductGroup: Book
                    Binding: Paperback
                    ASIN: B000KPF7FS

                    Lettering Tips: For Artists, Graphic Designers, and Calligraphers
                    Average customer rating: Not rated
                      Lettering Tips: For Artists, Graphic Designers, and Calligraphers
                      Bill Gray , and Paul Shaw
                      Manufacturer: W. W. Norton & Company
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                      Lettering Tips for Artists, Graphic Designers, and Calligraphers
                      Average customer rating: Not rated
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                        Bill Gray
                        Manufacturer: Prentice Hall Press
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