TU Darmstadt / ULB / TUprints

How Liable should an Exporter be? The Case of Trade in Hazardous Goods

Helm, Carsten (2009)
How Liable should an Exporter be? The Case of Trade in Hazardous Goods.
Report, Primary publication

[img]
Preview
Text
ddpie_153.pdf
Copyright Information: In Copyright.

Download (225kB) | Preview
Item Type: Report
Type of entry: Primary publication
Title: How Liable should an Exporter be? The Case of Trade in Hazardous Goods
Language: English
Date: 22 October 2009
Place of Publication: Darmstadt
Series: Darmstadt Discussion Papers in Economics
Series Volume: 153
Abstract:

This paper analyzes liability issues in the context of internationally traded goods like hazardous waste. If waste disposers of a small open economy are judgement-proof, then the extension of liability to waste exporters distorts the factor allocation and may reduce disposal care. Hence the optimal extension is partial at most. However, extending liability increases incentives of the waste importing country to hold domestic disposers liable. Interaction through the price system and through contracts that condition payments for disposal services on the occurrence of an accident yield identical outcomes if disposers are judgement-proof.

Uncontrolled Keywords: extended liability, hazardous waste trade, externalities, moral hazard
URN: urn:nbn:de:tuda-tuprints-47716
Additional Information:

JEL - Classification : K13, Q38, F18, D63; Erstellt November 2005

Classification DDC: 300 Social sciences > 330 Economics
Divisions: 01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete > Angewandte Mikroökonomik und Institutionenökonomik
01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete
01 Department of Law and Economics
Date Deposited: 22 Oct 2009 11:42
Last Modified: 25 Oct 2023 08:55
URI: https://tuprints.ulb.tu-darmstadt.de/id/eprint/4771
PPN: 378323156
Export:
Actions (login required)
View Item View Item