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We examine how the adverse impacts of weather shocks are distributed through the trade network. Exploiting a rich, theoretically derived, fixed effects structure, we find significant negative short-run effects of high temperature on exports. A month with an average temperature above 30 °C...
Persistent link: https://www.econbiz.de/10013359053
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...
Persistent link: https://www.econbiz.de/10014332164
In this paper, we study trade effects of droughts transmitted via damaged infrastructure. In particular, we suggest that droughts affect export via negative effects on infrastructure – land and water transport, electricity and water supply. Our estimations, based on data for export in 194...
Persistent link: https://www.econbiz.de/10012919568
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...
Persistent link: https://www.econbiz.de/10014343780
Terrorist events typically vary along many dimensions, making it difficult to identify their economic effects. This paper analyzes the impact of terrorism on international trade by examining a series of three large-scale terrorist incidents in France over the period from January 2015 to July...
Persistent link: https://www.econbiz.de/10012438085
The purpose of this study is to measure the sensitivity of traded quantities and trade unit values to agricultural production shocks. We develop a general equilibrium model of trade in which production shocks in exporting countries affect both traded quantities and trade unit values. The model...
Persistent link: https://www.econbiz.de/10012912059
This paper has three messages mainly, which are observed in a simple model of climate change, international trade and regional adaptation. First, trade can be viewed as a kind of adaptation to climate change and variability, as trade can help to reduce direct impacts of global climate change on...
Persistent link: https://www.econbiz.de/10009509687
This paper analyses the interplay between international trade, regional adaptation and North-to-South transfers for funding adaptation within the framework of a dynamic computable gen-eral equilibrium model, where impacts of climate change depend on changes in precipitation and temperature. If...
Persistent link: https://www.econbiz.de/10009657624
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
This paper has three messages mainly, which are observed in a simple model of climate change, international trade and regional adaptation. First, trade can be viewed as a kind of adaptation to climate change and variability, as trade can help to reduce direct impacts of global climate change on...
Persistent link: https://www.econbiz.de/10014172201