Trade imbalance, heavy goods, and pollution
We propose a new welfare effect of trade surplus. Guided by insight from several fields in economics, we provide evidence that an increase in a country's trade surplus alters the unit shipping costs for its trade and the composition of its imports in ways that induce more pollution in the count...
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Main Authors: | LEE, Jungho, WEI, Shang-jin, XU, Jianhuan |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2024
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Online Access: | https://ink.library.smu.edu.sg/soe_research/2779 https://ink.library.smu.edu.sg/context/soe_research/article/3778/viewcontent/Trade_imbalance__heavy_goods__and_pollution.pdf |
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Institution: | Singapore Management University |
Language: | English |
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