Mahlkow, Hendrik; Wanner, Joschka - 2023
International trade is highly imbalanced both in terms of values and in terms of embodied carbon emissions. We show … world of balanced international trade. Specifically, we build a Ricardian quantitative trade model including sectoral input …-output linkages, trade imbalances, fossil fuel extraction, and carbon emissions from fossil fuel combustion and use this framework to …