Projektleitung: Gabriel Felbermayr Projektmitarbeit: Sonja Peterson, Joschka Wanner (IfW)
Structured Literature Review and Modelling Suggestions on the Impact of Trade and Trade Policy on the Environment and the
Climate
Abgeschlossene Forschungsprojekte
Auftraggeber: Europäische Kommission
Studie von: Österreichisches Institut für Wirtschaftsforschung
Abgeschlossen: 2022
This DG TRADE Chief Economist Note provides a structured overview of the existing economic literature on the interaction between
environmental outcomes, trade, environmental policy and trade policy, covering both the applied methods and data as well as
main findings. Analysing the literature on Input-Output tables, it first looks at the general pattern of industrialised countries
becoming net importers of embedded emissions. It then discusses quantitative trade models of different types modelling emissions
along value chains and shedding light on aspects such as the roles of consumption choices at different development stages
or the role of trade imbalances. The Note also looks at the rather narrow stand of literature on the importance of emissions
from transportation and discusses the implications of carbon levies in general or taxes on transport emissions. Finally, it
discusses the theoretical research as well as the econometric analysis and quantitative modelling, which address the questions
how international trade is shaped by the role of firms that are found to play an important role in determining the effect
of trade on the environment and the climate. In all strands of literature, this Chief Economist Note reflects on potential
for future research. It especially identifies how model features and model approaches in quantitative trade modelling could
be improved in different respects and how these models can be used for new types of policy analysis.
Forschungsbereich:Makroökonomie und öffentliche Finanzen