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Divergent Environmental Regulations and Trade Liberalization
Author(s) -
Bohman Mary,
Lindsey Patricia J.
Publication year - 1997
Publication title -
canadian journal of agricultural economics/revue canadienne d'agroeconomie
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.505
H-Index - 37
eISSN - 1744-7976
pISSN - 0008-3976
DOI - 10.1111/j.1744-7976.1997.tb00156.x
Subject(s) - nonmarket forces , liberalization , international economics , free trade , context (archaeology) , economics , sign (mathematics) , international trade , business , market economy , factor market , biology , paleontology , mathematical analysis , mathematics
The market and nonmarket consequences of environmental regulations and of trade liberalization under different regulatory regimes are explored in the context of the NAFTA through simulation modeling of the North American sheep and lamb markets. Producers are able to shift much of the cost of regulation to domestic and foreign consumers and thus gain from regulation. In the cases investigated, nonmarket effects are unlikely to reverse the sign of market gains or losses, and “level playing field” regulations may or may not be preferred.