In this paper we empirically investigate the relationship between investments in environmentally oriented equipment and firms' export performance. We adopt a two-stage model where we first estimate the impact of green tangible investment strategies (GTIS) on the level of productive efficiency...

This work investigates the determinants of bilateral ‘virtual water trade (VWT) flows’ by means of an estimated gravity model of trade applied to the services of the water embodied in the agricultural goods exchanged across countries. In line with the recent literature on the gravity model...

Virtual water trade is increasingly recognized as a useful metaphor for thinking about freshwater resources in an international context. Its legitimacy in terms of economic theory has been questioned by a number of authors, however. In this article I develop new theoretical results that place...

We integrate input output and NAMEA tables for Spain and Italy in 1995, 2000 and 2005, in order to address the hot policy issue of sustainable consumption and production. A comparison of production and consumption perspectives may have relevant policy implications. We deal with the domestic...

This paper discusses the interplay between international trade, regional adaptation to climate change and financial transfers for funding adaptation. It combines insights from a theoretical model of North-to-South transfers with the findings of a calibrated dynamic multi-region multi-sector...

This paper examines the driving forces behind the growth in carbon dioxide emissions in forty advanced and emerging economies between 1995 and 2008. We use the global supply chain concept introduced in Timmer et al. (2014) to measure CO2 emissions in internationally fragmented production...

The EU Emissions Trading Scheme continues to exempt industries deemed at risk of carbon leakage from permit auctions. Carbon leakage risk is established based on the carbon intensity and trade exposure of each 4-digit industry. Using a novel measure of carbon leakage risk obtained in interviews...

Net Emissions Avoided by trade (NEA) are the difference between the pollution that would have been produced in a country if it had not exported any products and all the imports required to satisfy its domestic demand had been produced internally, and its actual emissions. The Domestic Technology...

In this study, we re-examine the pollution haven hypothesis by a fresh take on both its theoretical and empirical aspects. The originality of our work is twofold. First, we apply an economic geography model with the aim of deriving a rigorous specification for the impact of environmental...

Different options for a reform of the EU Emissions Trading System are discussed to ensure carbon price incentives for mitigation options in the basic materials sector, while minimizing carbon leakage risks. This paper quantifies carbon leakage risks, distributional implications, and additional...