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Essays on the role of natural resour...

Ferreira, Susana.

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Essays on the role of natural resources in international trade and development.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Essays on the role of natural resources in international trade and development./
Author:	Ferreira, Susana.
Description:	124 p.
Notes:	Source: Dissertation Abstracts International, Volume: 65-04, Section: A, page: 1460.
Contained By:	Dissertation Abstracts International65-04A.
Subject:	Economics, General. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3130412

Essays on the role of natural resources in international trade and development.
Ferreira, Susana.

Essays on the role of natural resources in international trade and development. - 124 p.

Source: Dissertation Abstracts International, Volume: 65-04, Section: A, page: 1460.

Thesis (Ph.D.)--University of California, San Diego, 2004.

Chapter One presents an empirical test of the prediction that trade liberalization exacerbates the overexploitation problem characteristic of open access resources. The estimation exercise explicitly addresses the mechanisms through which trade may affect deforestation; in particular: (i) the interaction between trade and ownership security to capture the idea that countries with inadequately developed institutions may exhibit a "false" comparative advantage in natural resource exploitation, and (ii) the interaction between trade and resource abundance to capture a potential "real" comparative advantage as well. Results support the theoretical view that openness increases deforestation through its interaction with the quality of property rights.Subjects--Topical Terms:

1017424
Economics, General.

Essays on the role of natural resources in international trade and development.
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035 $a (UnM)AAI3130412
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100 1 $a Ferreira, Susana. $3 1949886
245 1 0 $a Essays on the role of natural resources in international trade and development.
300 $a 124 p.
500 $a Source: Dissertation Abstracts International, Volume: 65-04, Section: A, page: 1460.
500 $a Co-Chairs: Richard T. Carson; Jeffrey R. Vincent.
502 $a Thesis (Ph.D.)--University of California, San Diego, 2004.
520 $a Chapter One presents an empirical test of the prediction that trade liberalization exacerbates the overexploitation problem characteristic of open access resources. The estimation exercise explicitly addresses the mechanisms through which trade may affect deforestation; in particular: (i) the interaction between trade and ownership security to capture the idea that countries with inadequately developed institutions may exhibit a "false" comparative advantage in natural resource exploitation, and (ii) the interaction between trade and resource abundance to capture a potential "real" comparative advantage as well. Results support the theoretical view that openness increases deforestation through its interaction with the quality of property rights.
520 $a Chapter Two advocates the use of a quantitative restriction (whose implementation is endogenized) in the resource sector as an easy way for countries to reap the benefits of trade liberalization without increasing the overexploitation of natural resources that may be associated with freer trade. When a binding quota regulates resource extraction, free trade is optimal. This is true even if the quantitative restriction is not optimal. In contrast, in the presence of an initially equivalent suboptimal tax on the use of natural resources, trade liberalization is not necessarily welfare improving.
520 $a Chapter Three offers the first empirical test of the World Bank's estimates of net investment ("genuine savings") against the hypothesis of a one-to-one relationship between a comprehensive measure of investment and the difference between a country's average future consumption and its current consumption. The World Bank has recently started publishing net investment estimates that reflect changes in not only produced capital but also in natural and human capital. Results show that these estimates are consistent only with weak versions of the hypothesis and that a simple ARIMA model outperforms any net investment measure, comprehensive or conventional.
590 $a School code: 0033.
650 4 $a Economics, General. $3 1017424
690 $a 0501
710 2 0 $a University of California, San Diego. $3 1018093
773 0 $t Dissertation Abstracts International $g 65-04A.
790 1 0 $a Carson, Richard T., $e advisor
790 1 0 $a Vincent, Jeffrey R., $e advisor
790 $a 0033
791 $a Ph.D.
792 $a 2004
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3130412