Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/154886 
Year of Publication: 
1998
Series/Report no.: 
Nota di Lavoro No. 28.1998
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
This paper critically assesses the literature on the relationship between economic integration and the environment. In particular, we investigate how trade liberalisation and capital market integration affect environmental policy and thus environmental quality. Conversely, we also study how environmental policy can be used to serve non-environmental (trade policy) goals. The interaction between economic integration and environmental policy is not only approached from a traditional social welfare maximising perspective, but - as a novelty - also includes the emerging political-economic literature on this set of issues. This altered perspective leads us to substantially different results. Moreover, we present the substantial empirical evidence for both perspectives. This allows us to put the theoretical findings in perspective.
Subjects: 
Environment
Environmental policy
International trade and Capital mobility
Political economy
Empirical evidence
JEL: 
F10
F20
Q20
Document Type: 
Working Paper

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