Master of Arts / Department of Economics / Yang M. Chang / This paper studies economic factors that affect a multinational’s decision between serving a foreign market via foreign direct investment (FDI) and setting up a joint venture (JV) with a local firm in the host country. The factors that we consider include the substitutability of products produced by competing firms, as well as the hotly debated intellectual property rights (IPRs) protection. In a simple North-South framework, we show that JV is the equilibrium market structure when the degree of R&D spillover is moderate, products are considerably substitutable, and IPRs strong. The government of South needs to maintain a minimum level of IRP to encourage an effective JV. For increasing social welfare, the South also needs to have a policy that limits foreign ownership in a JV.

Chapter One: When is Free Trade Good for the Environment? This paper provides the conditions under which free trade reduces the emission of pollution. In this paper, we construct a computable general equilibrium model of free trade and environment. Using data from different countries with different characteristics with respect to the stringency of their environmental and trade policies and factor endowments, we simulate a reduction on import tariffs and measure the impact on the volume of emission. Our main findings show that, for a combination of relatively high capital to labour ratio and low level of protectionism, if a country exports the polluting good then, trade liberalization increases the level of emission. Whereas if the country exports the clean good, then the effect of an import tariff reduction on the emission level is positively related to the variation in the producer’s price of the polluting good. Furthermore, we find that under a relatively low level of capital endowment for a country that exports the polluting good, the impact of free trade on the environment depends on the degree of protectionism. // Chapter Two: Ageing and the Environment in an Overlapping Generations Model. We empirically investigate the impact of population ageing on the environment using an overlapping generations model. We decompose the impact into scale, composition, and cohort effects. Using data from the Canadian economy, we simulate the impact of demographic shock on the volume of emission. Population ageing results mostly from a baby bust that follows a baby boom. The demographic transition is characterized by an increase then a decline in the population growth rate. Under the first part of the transition, we find that the scale effect generates more pollution. However, if young generations are more concerned about the environment, an increase in the population growth rate may improve the environment via the composition effects. On the other hand, a decline in the population growth rate (population ageing) creates the opposite results. We further find that cohort effect is positively related to the environment when there is a higher degree of awareness towards a cleaner environment. By comparing scale to both composition and cohort effects, we find that scale dominates both effects, so population ageing causes the level of pollution to fall. // Chapter Three: Does Population Ageing in the North Leads to More Pollution in the South? We construct a two-country model: a rich country (the North) with relatively high level of capital endowment and stringent environmental policy and a poor country (the South) with less stringent environmental policy. Both countries produce a clean and a polluting good and both have access to an exogenous abatement technology. The paper has three main foci. First, it provides an empirical test for the pollution haven and the factor endowment hypotheses. Second, it introduces the issue of population ageing in the North into the question of trade liberalisation and the environment. Finally, it investigates the impact of demographic and trade shocks on the level of emissions in both countries. Results from simulations suggest that an increase in the population growth rate increases the volume of emission in the long run. However, population-ageing generates an opposite effect. In the short term, the scale dominates the composition effect. Empirical evidences show that the level of emission is positively related to the size of population. With respect to trade, pollution increases in the North and falls in the South. Also, we find that demographic changes dominate trade liberalization. Finally, worldwide free trade is bad for the environment, but its effect is marginal.

Chapter One: When is Free Trade Good for the Environment? This paper provides the conditions under which free trade reduces the emission of pollution. In this paper, we construct a computable general equilibrium model of free trade and environment. Using data from different countries with different characteristics with respect to the stringency of their environmental and trade policies and factor endowments, we simulate a reduction on import tariffs and measure the impact on the volume of emission. Our main findings show that, for a combination of relatively high capital to labour ratio and low level of protectionism, if a country exports the polluting good then, trade liberalization increases the level of emission. Whereas if the country exports the clean good, then the effect of an import tariff reduction on the emission level is positively related to the variation in the producer’s price of the polluting good. Furthermore, we find that under a relatively low level of capital endowment for a country that exports the polluting good, the impact of free trade on the environment depends on the degree of protectionism. // Chapter Two: Ageing and the Environment in an Overlapping Generations Model. We empirically investigate the impact of population ageing on the environment using an overlapping generations model. We decompose the impact into scale, composition, and cohort effects. Using data from the Canadian economy, we simulate the impact of demographic shock on the volume of emission. Population ageing results mostly from a baby bust that follows a baby boom. The demographic transition is characterized by an increase then a decline in the population growth rate. Under the first part of the transition, we find that the scale effect generates more pollution. However, if young generations are more concerned about the environment, an increase in the population growth rate may improve the environment via the composition effects. On the other hand, a decline in the population growth rate (population ageing) creates the opposite results. We further find that cohort effect is positively related to the environment when there is a higher degree of awareness towards a cleaner environment. By comparing scale to both composition and cohort effects, we find that scale dominates both effects, so population ageing causes the level of pollution to fall. // Chapter Three: Does Population Ageing in the North Leads to More Pollution in the South? We construct a two-country model: a rich country (the North) with relatively high level of capital endowment and stringent environmental policy and a poor country (the South) with less stringent environmental policy. Both countries produce a clean and a polluting good and both have access to an exogenous abatement technology. The paper has three main foci. First, it provides an empirical test for the pollution haven and the factor endowment hypotheses. Second, it introduces the issue of population ageing in the North into the question of trade liberalisation and the environment. Finally, it investigates the impact of demographic and trade shocks on the level of emissions in both countries. Results from simulations suggest that an increase in the population growth rate increases the volume of emission in the long run. However, population-ageing generates an opposite effect. In the short term, the scale dominates the composition effect. Empirical evidences show that the level of emission is positively related to the size of population. With respect to trade, pollution increases in the North and falls in the South. Also, we find that demographic changes dominate trade liberalization. Finally, worldwide free trade is bad for the environment, but its effect is marginal.

Chapter One: When is Free Trade Good for the Environment? This paper provides the conditions under which free trade reduces the emission of pollution. In this paper, we construct a computable general equilibrium model of free trade and environment. Using data from different countries with different characteristics with respect to the stringency of their environmental and trade policies and factor endowments, we simulate a reduction on import tariffs and measure the impact on the volume of emission. Our main findings show that, for a combination of relatively high capital to labour ratio and low level of protectionism, if a country exports the polluting good then, trade liberalization increases the level of emission. Whereas if the country exports the clean good, then the effect of an import tariff reduction on the emission level is positively related to the variation in the producer’s price of the polluting good. Furthermore, we find that under a relatively low level of capital endowment for a country that exports the polluting good, the impact of free trade on the environment depends on the degree of protectionism. // Chapter Two: Ageing and the Environment in an Overlapping Generations Model. We empirically investigate the impact of population ageing on the environment using an overlapping generations model. We decompose the impact into scale, composition, and cohort effects. Using data from the Canadian economy, we simulate the impact of demographic shock on the volume of emission. Population ageing results mostly from a baby bust that follows a baby boom. The demographic transition is characterized by an increase then a decline in the population growth rate. Under the first part of the transition, we find that the scale effect generates more pollution. However, if young generations are more concerned about the environment, an increase in the population growth rate may improve the environment via the composition effects. On the other hand, a decline in the population growth rate (population ageing) creates the opposite results. We further find that cohort effect is positively related to the environment when there is a higher degree of awareness towards a cleaner environment. By comparing scale to both composition and cohort effects, we find that scale dominates both effects, so population ageing causes the level of pollution to fall. // Chapter Three: Does Population Ageing in the North Leads to More Pollution in the South? We construct a two-country model: a rich country (the North) with relatively high level of capital endowment and stringent environmental policy and a poor country (the South) with less stringent environmental policy. Both countries produce a clean and a polluting good and both have access to an exogenous abatement technology. The paper has three main foci. First, it provides an empirical test for the pollution haven and the factor endowment hypotheses. Second, it introduces the issue of population ageing in the North into the question of trade liberalisation and the environment. Finally, it investigates the impact of demographic and trade shocks on the level of emissions in both countries. Results from simulations suggest that an increase in the population growth rate increases the volume of emission in the long run. However, population-ageing generates an opposite effect. In the short term, the scale dominates the composition effect. Empirical evidences show that the level of emission is positively related to the size of population. With respect to trade, pollution increases in the North and falls in the South. Also, we find that demographic changes dominate trade liberalization. Finally, worldwide free trade is bad for the environment, but its effect is marginal.

Chapter One: When is Free Trade Good for the Environment? This paper provides the conditions under which free trade reduces the emission of pollution. In this paper, we construct a computable general equilibrium model of free trade and environment. Using data from different countries with different characteristics with respect to the stringency of their environmental and trade policies and factor endowments, we simulate a reduction on import tariffs and measure the impact on the volume of emission. Our main findings show that, for a combination of relatively high capital to labour ratio and low level of protectionism, if a country exports the polluting good then, trade liberalization increases the level of emission. Whereas if the country exports the clean good, then the effect of an import tariff reduction on the emission level is positively related to the variation in the producer’s price of the polluting good. Furthermore, we find that under a relatively low level of capital endowment for a country that exports the polluting good, the impact of free trade on the environment depends on the degree of protectionism. // Chapter Two: Ageing and the Environment in an Overlapping Generations Model. We empirically investigate the impact of population ageing on the environment using an overlapping generations model. We decompose the impact into scale, composition, and cohort effects. Using data from the Canadian economy, we simulate the impact of demographic shock on the volume of emission. Population ageing results mostly from a baby bust that follows a baby boom. The demographic transition is characterized by an increase then a decline in the population growth rate. Under the first part of the transition, we find that the scale effect generates more pollution. However, if young generations are more concerned about the environment, an increase in the population growth rate may improve the environment via the composition effects. On the other hand, a decline in the population growth rate (population ageing) creates the opposite results. We further find that cohort effect is positively related to the environment when there is a higher degree of awareness towards a cleaner environment. By comparing scale to both composition and cohort effects, we find that scale dominates both effects, so population ageing causes the level of pollution to fall. // Chapter Three: Does Population Ageing in the North Leads to More Pollution in the South? We construct a two-country model: a rich country (the North) with relatively high level of capital endowment and stringent environmental policy and a poor country (the South) with less stringent environmental policy. Both countries produce a clean and a polluting good and both have access to an exogenous abatement technology. The paper has three main foci. First, it provides an empirical test for the pollution haven and the factor endowment hypotheses. Second, it introduces the issue of population ageing in the North into the question of trade liberalisation and the environment. Finally, it investigates the impact of demographic and trade shocks on the level of emissions in both countries. Results from simulations suggest that an increase in the population growth rate increases the volume of emission in the long run. However, population-ageing generates an opposite effect. In the short term, the scale dominates the composition effect. Empirical evidences show that the level of emission is positively related to the size of population. With respect to trade, pollution increases in the North and falls in the South. Also, we find that demographic changes dominate trade liberalization. Finally, worldwide free trade is bad for the environment, but its effect is marginal.

京都大学 / 0048 / 新制・課程博士 / 博士(経済学) / 甲第18757号 / 経博第508号 / 新制||経||272(附属図書館) / 31708 / 京都大学大学院経済学研究科経済学専攻 / (主査)教授 植田 和弘, 教授 神事 直人, 教授 柴田 章久 / 学位規則第4条第1項該当 / Doctor of Economics / Kyoto University / DGAM

<p>Diss. Stockholm :  Stockholm School of Economics, 2013. Introduction together with 3 papers.</p>

Les échanges commerciaux de denrées alimentaires entre l'Union européenne et les Etats Subsahariens sont en constante augmentation et sont encadrés par les grands principes du droit alimentaire européen, composante du droit de la consommation. Ces grands principes énoncent des règles d'information des consommateurs, de sécurité, de conformité et de traçabilité des produits alimentaires qui doivent être respectés par toutes les parties prenantes du secteur agroalimentaire et des ses filières. C'est donc une masse importante de règles internationales, communautaires européennes qui se combinent aux textes nationaux. Les exportateurs/importateurs au sein de la Communauté, et les professionnels des pays tiers, mettent en œuvre ces règles dans les contrats de vente internationales des denrées. Les problèmes de santé et de sécurité sont posés par les consommateurs inquiets de leur protection. Mais les producteurs seront attentifs à l'évolution des règles qui protègent les consommateurs car elles conditionnent les activités de production, de transformation de transport, de stockage et de commercialisation. Certes, l'Afrique subsaharienne occupe une place faible dans le commerce mondial, mais son importance dans les échanges avec le continent européen, reste un facteur d'encouragement de la production des produits africains commercialisables. A cet effet, les pays subsahariens ne peuvent plus se contenter d'une réglementation locale, inadaptée, bien lacunaire et peu effective, au regard de l'importance des solutions aux questions sanitaires alimentaires dans le cadre du commerce mondial. D'ailleurs les importateurs européens imposent, contractuellement, à leurs partenaires africains le respect des impératifs sanitaires européens sans lesquels ils ne pourraient mettre les aliments importés en circulation en Europe. La thèse met en évidence un impératif de modernisation des instruments juridiques et institutionnels en Afrique subsaharienne. La place que prennent désormais les normes, quelles qu'en soient les différentes variantes est, à cet égard, très instructive. Les normes permettent aux producteurs et exportateurs des pays en développement de raccourcir les opérations complexes de compréhension des textes impératifs et des principes techniques et managériaux très modernes. / Food trade between EU and Sub-Saharans, are permanently increasing. This trade is surrounded by some food Law major principles, part of consumer Law. These main principles, deal with: safety, information, conformity, traceability, of food stuffs which have to be respected by all stakeholders in the agro-food business. This huge amount of legal instruments (international, European,) has to be mixed with the local regulations. These rules are used in the frame of the international contracts of importing food. Health and safety questions are a strong demand from consumers. But producers are paying much attention to the evolution of this corpus of rules of consumer protection, as far as they influence production, transformation, transport, storage, and distribution .Of course sub,-Saharan countries occupy a small part of international food trade, but it remains an important partner of EU, and this is an important encouragement mean to develop African production of foodstuffs. African countries cannot anymore apply their local and obsolete regulations, unefficient and lacking with global trade. In fact, European importers stress, by the terms of their contracts, imposed to the African partners, to respecting European sanitary rules. Otherwise they could not put the imported goods into circulation on the EU market. The thesis shows the necessity to up to date legal instruments in Africa . In particular the standards (official and private standards) will be very efficient for helping producers and exporters from developing countries to understand the constraints of mandatory rules, and their technical consequences in terms of modern production and management processes.