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The future international climate policy architecture will most likely consist of partial climate policy initiatives like the EU's Emission Trading System. Trade integration threatens to undermine these systems' environmental effectiveness by shifting emissions to other countries. We estimate a...
Persistent link: https://www.econbiz.de/10010338400
Persistent link: https://www.econbiz.de/10013424325
While international trade can offer gains from specialization and access to a wider range of products, it is also closely interlinked with global environmental problems, above all, anthropogenic climate change. This survey provides a structured overview of the economic literature on the...
Persistent link: https://www.econbiz.de/10013370320
This paper explores the long-term challenges for trade and foreign direct investment (FDI) of the Association of Southeast Asian Nations (ASEAN). The region has emerged as an important production base for multinational corporations by joining East Asia's supply chains. While proceeding to...
Persistent link: https://www.econbiz.de/10013013906
This article introduces a new econometric model that includes an innovative measure of intersectoral structural change. This model describes the structural convergence (or divergence) of sector share patterns across countries (from the North-South or global perspective) influenced by...
Persistent link: https://www.econbiz.de/10012422729
This research presents first empirical time series evidence of the impact of international trade on environmental quality in the case of transition countries. The linkages between international trade and environmental quality are well established both theoretically and empirically in the...
Persistent link: https://www.econbiz.de/10012983450
We develop a network trade model with country-sector level input-output linkages. It includes (1) domestic and global value chain linkages between all country-sectors, (2) direct as well as indirect shipments (via other sectors and countries) to a final destination, (3) value added rather than...
Persistent link: https://www.econbiz.de/10011962330
This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area countries. Simulations on the impact of productivity...
Persistent link: https://www.econbiz.de/10013098585
cost channel theory. Taken together, the results of both panel data and time series analyses imply that the ECB’s low …
Persistent link: https://www.econbiz.de/10011630975
Unilateral climate policy suffers from carbon leakage, i.e. the (partial) offset of the initial emission reduction by increases in other countries. Different than most typically discussed climate policies, degrowth not only aims at reducing the fossil fuel use in an economy, but rather at a...
Persistent link: https://www.econbiz.de/10011718521