Climate policy and trade in polluting technologies

Shon Ferguson and Roweno J.R.K. Heijmans

This study estimates the impact of carbon pricing on international trade in equipment used in the combustion of fossil fuels during the period 1995-2021. Using detailed data on bilateral trade combined with data on domestic carbon prices, we find that carbon pricing policies are associated with greater exports of this equipment. We provide a simple model of international trade in polluting technologies that can explain this outcome. Our results provide new evidence for this unexplored form of leakage due to more stringent climate policies.

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Year of publication:	August 14, 2023
Authors:	Ferguson, Shon ; Heijmans, Roweno
Publisher:	Stockholm, Sweden : Research Institute of Industrial Economics
Subject:	emissions pricing \| cap and trade \| carbon leakage \| international trade in technologies \| Emissionshandel \| Emissions trading \| Treibhausgas-Emissionen \| Greenhouse gas emissions \| Theorie \| Theory \| Internationale Wirtschaft \| International economy \| Welt \| World \| Umweltbelastung \| Pollution \| Technischer Fortschritt \| Technological change \| Ökosteuer \| Environmental tax \| Klimaschutz \| Climate protection \| Luftverschmutzung \| Air pollution

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Extent:	1 Online-Ressource (circa 25 Seiten) Illustrationen
Series:	IFN working paper. - Stockholm, ZDB-ID 2483275-3. - Vol. no. 1470 (2023)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Classification:	F14 - Country and Industry Studies of Trade ; F18 - Trade and Environment ; q37 ; Q58 - Government Policy ; Q54 - Climate; Natural Disasters
Source:	ECONIS - Online Catalogue of the ZBW

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