English, Article, Journal or magazine article edition: Trade Liberalisation and Effects on Pollutive Emissions and Waste A General Equilibrium Assessment for Norway Taran Fæhn and Erling Holmøy

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Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Trade Liberalisation and Effects on Pollutive Emissions and Waste A General Equilibrium Assessment for Norway
Author
  • Taran Fæhn and Erling Holmøy
Physical Description
  • preprint
Notes
  • This paper assesses effects of the last decade’s multinational liberalisation of foreign trade, in terms of economic gains and in terms of pollution. By means of a disaggregated intertemporal CGE model for Norway two scenarios with and without the trade reforms are compared. Despite a slight decrease in GDP, emissions of several pollutants rise significantly. This is partly attributable to a modest increase in aggregate welfare, as polluting consumption rise significantly along with reduced labour effort. Further, the trade reforms, in combination with existing policy concessions, result in a long-run structural change in favour of heavy-polluting export industries. As these are large consumers of electricity, prices of clean hydropower rise and cause an economy-wide substitution towards more pollutive energy sources.
  • Trade Reforms; Welfare; Environment; Intertemporal CGE Model
  • RePEc:ssb:dispap:298
Language
  • English
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