Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/47250 
Year of Publication: 
1998
Citation: 
[Publisher:] Institut für Weltwirtschaft (IfW) [Place:] Kiel [Year:] 1998
Series/Report no.: 
Kiel Working Paper No. 857
Publisher: 
Kiel Institute of World Economics (IfW), Kiel
Abstract: 
This paper discusses the issue of competitiveness and environmental regulation from the viewpoint of Heckscher-Ohlin models. It demonstrates that the impact of unilateral environmental regulations does not necessarily lead to a decrease in international competitiveness. Important is the measure of international competitiveness and the industry under consideration. Furthermore, this paper shows that in contrast to other theoretical work on this subject, unilateral environmental regulation does not necessarily lead to capital flight. It is also possible that the economy under consideration attracts more internationally mobile capital.
JEL: 
Q20
Document Type: 
Working Paper
Document Version: 
Digitized Version

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