Kyoto and Carbon Leakage: An Empirical Analysis of the Carbon Content of Bilateral Trade
By Rahel Aichele, Gabriel Felbermayr. Review of Economics and Statistics, 2015
307 citations recorded by the source corpus.
Abstract Has the Kyoto Protocol induced carbon leakage? We conduct the first empirical ex post evaluation of the protocol. We derive a theoretical gravity equation for the carbon dioxide content of trade, which accounts for intermediate inputs, both domestic and imported. The structure of our new panel database of the carbon content of sectoral bilateral trade flows allows controlling for the endogenous selection of countries into the Kyoto Protocol. Binding commitments under Kyoto have increased committed countries' embodied carbon imports from noncommitted countries by around 8% and the emission intensity of their imports by about 3%. Hence, Kyoto has indeed led to leakage.
Subfields: Economics and Econometrics, Environmental Engineering, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/83ad7545a0e159806b8648695ed99a3a40f1e11f
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Richard Wood
- D. Ivanova
- Daniel Moran
- Edgar G. Hertwich
- Konstantin Stadler
- Kjartan Steen‐Olsen
- Gibran Vita
- P. Melo
In Environmental Engineering
- Richard Wood
- D. Ivanova
- Edgar G. Hertwich
- Daniel Moran
- Konstantin Stadler
- Kjartan Steen‐Olsen
- Manfred Lenzen
- Gibran Vita
In Renewable Energy, Sustainability and the Environment
- Richard Wood
- D. Ivanova
- Daniel Moran
- Edgar G. Hertwich
- Kjartan Steen‐Olsen
- Konstantin Stadler
- Gibran Vita
- A. Kander
Citations in the corpus
- Decoupling or delusion? Measuring emissions displacement in foreign trade (2018, background): “It has been suggested that the observed reductions of territorial emissions are largely the result of displacement rather than examples of real decoupling (Davis et al., 2010; Aichele and Felbermayr, 2015; Peters et al., 2012; Baiocchi and Minx, 2010).”
- Trade and the Environment: New Methods, Measurements, and Results (2017, unknown): “Aichele & Felbermayr (2015) exploit a different source of policy variation.”
- Mapping the carbon footprint of EU regions (2017, background): “Studies have signalled for the empirical significance of carbon off-shoring (Harris et al 2012, Aichele and Felbermayr 2012), e.g. showing that countries committed to the Kyoto Protocol have about 8% more carbon-intensive imports than uncommitted ones (Aichele and Felbermayr 2015).”