International Trade in Used Vehicles: The Environmental Consequences of NAFTA

  title={International Trade in Used Vehicles: The Environmental Consequences of NAFTA},
  author={Lucas W. Davis and Matthew E. Kahn},
Over the last two decades an unprecedented increase in private vehicle ownership has taken place in the developing world. The total number of registered vehicles in non-Organisation for Economic Co-operation Development (OECD) countries increased from 110 million to 210 million between 1990 and 2005, and, by some estimates, is forecast to increase to 1.2 billion by 2030. Rising income explains a large share of this growth. Another important, but rarely discussed, factor is international trade… CONTINUE READING
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