Abstract
Trade barriers mayimprove welfare if propertyrights with respect to renewable natural resources are
lacking. Previous studies focus on the role of overharvesting, but we argue that trade-induced habitat
destruction should also be taken into account. Habitat is one of the keyfactors determining the long-run
viabilityof manynatural resources, and economic activityoftentimes goes at the expense of habitat. While
open access gives rise to within-industryexternalities, habitat destruction creates across-industry
externalities. We identifyunder what circumstances trade liberalization is welfare-enhancing as well as
contributing to nature conservation, and analyze the consequences of trade policy.
r 2004 Elsevier Inc. All rights reserved.
lacking. Previous studies focus on the role of overharvesting, but we argue that trade-induced habitat
destruction should also be taken into account. Habitat is one of the keyfactors determining the long-run
viabilityof manynatural resources, and economic activityoftentimes goes at the expense of habitat. While
open access gives rise to within-industryexternalities, habitat destruction creates across-industry
externalities. We identifyunder what circumstances trade liberalization is welfare-enhancing as well as
contributing to nature conservation, and analyze the consequences of trade policy.
r 2004 Elsevier Inc. All rights reserved.
| Original language | English |
|---|---|
| Pages (from-to) | 891-910 |
| Number of pages | 19 |
| Journal | Journal of Environmental Economics and Management |
| Volume | 48 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 2004 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 1 No Poverty
-
SDG 15 Life on Land
Keywords
- trade policy
- trade liberalization
- nature conservation
- renewable resources
- species diversity
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