Trade in 'Virtual Carbon' : Empirical Results and Implications for Policy

The fact that developing countries do not have carbon emission caps under the Kyoto Protocol has led to the current interest in high-income countries in border taxes on the "virtual" carbon content of imports. The authors use Global Trade...

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Main Authors: Atkinson, Giles, Hamilton, Kirk, Ruta, Giovanni, Van Der Mensbrugghe, Dominique
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2010/01/11704469/trade-virtual-carbon-empirical-results-implications-policy
http://hdl.handle.net/10986/19903
id okr-10986-19903
recordtype oai_dc
spelling okr-10986-199032021-04-23T14:03:52Z Trade in 'Virtual Carbon' : Empirical Results and Implications for Policy Atkinson, Giles Hamilton, Kirk Ruta, Giovanni Van Der Mensbrugghe, Dominique ABATEMENT ACID ACID RAIN ADJUSTMENT POLICIES AVERAGE TAX RATES BALANCE OF PAYMENTS BILATERAL TRADE CALCULATION CAPS CARBON CARBON BALANCE CARBON CONTENT CARBON DIOXIDE CARBON DIOXIDE EMISSIONS CARBON EMISSION CARBON EMISSIONS CARBON FLOWS CARBON INTENSITY CARBON INVENTORIES CARBON LEAKAGE CARBON PRICE CARBON REDUCTIONS CARBON TAX CARBON TAXES CARBONIZATION CHEMICALS CLIMATE CLIMATE CHANGE CLIMATE CHANGE NEGOTIATIONS CLIMATE CHANGE PROBLEM CLIMATE POLICY CO CO2 COAL COST OF ABATEMENT CRUDE OIL DAMAGES DEVELOPMENT ECONOMICS DOMESTIC CARBON DOMESTIC EMISSIONS DOMESTIC PRODUCTION DOMESTIC SOURCES ECOLOGICAL ECONOMICS ECONOMIC ACTIVITY ECONOMIC ADJUSTMENT ECONOMIC EFFECTS ECONOMIC IMPACTS ECONOMIC RESEARCH ECONOMIC SECTORS ECONOMICS ELASTICITIES ELECTRICITY EMISSION INTENSITIES EMISSION INTENSITY EMISSION TRADING EMISSIONS DATA EMISSIONS FROM AGRICULTURE EMISSIONS FROM PRODUCTION EMISSIONS INVENTORIES EMISSIONS LEAKAGE EMISSIONS REDUCTION ENERGY GOODS ENERGY POLICY ENVIRONMENTAL ENVIRONMENTAL IMPACT ENVIRONMENTAL LAW EQUILIBRIUM EQUITY CONSIDERATIONS EXCHANGE RATE EXCHANGE RATES EXPORTS FERROUS METALS FINANCIAL ASSISTANCE FINANCIAL TRANSFERS FOSSIL FUEL FOSSIL FUEL CONSUMPTION FUEL CONSUMPTION GDP GLOBAL CLIMATE CHANGE GLOBAL EMISSIONS GREENHOUSE GREENHOUSE GASES GROSS NATIONAL INCOME INCENTIVE EFFECTS INDUSTRIALIZATION INTERMEDIATE GOODS INTERNATIONAL TRADE LAND-USE CHANGE LOWER PRICES The fact that developing countries do not have carbon emission caps under the Kyoto Protocol has led to the current interest in high-income countries in border taxes on the "virtual" carbon content of imports. The authors use Global Trade Analysis Project data and input-output analysis to estimate the flows of virtual carbon implicit in domestic production technologies and the pattern of international trade. The results present striking evidence on the wide variation in the carbon-intensiveness of trade across countries, with major developing countries being large net exporters of virtual carbon. The analysis suggests that tax rates of $50 per ton of virtual carbon could lead to very substantial effective tariff rates on the exports of the most carbon-intensive developing nations. 2014-09-02T14:57:02Z 2014-09-02T14:57:02Z 2010-01 http://documents.worldbank.org/curated/en/2010/01/11704469/trade-virtual-carbon-empirical-results-implications-policy http://hdl.handle.net/10986/19903 English en_US Policy Research Working Paper;No. 5194 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABATEMENT
ACID
ACID RAIN
ADJUSTMENT POLICIES
AVERAGE TAX RATES
BALANCE OF PAYMENTS
BILATERAL TRADE
CALCULATION
CAPS
CARBON
CARBON BALANCE
CARBON CONTENT
CARBON DIOXIDE
CARBON DIOXIDE EMISSIONS
CARBON EMISSION
CARBON EMISSIONS
CARBON FLOWS
CARBON INTENSITY
CARBON INVENTORIES
CARBON LEAKAGE
CARBON PRICE
CARBON REDUCTIONS
CARBON TAX
CARBON TAXES
CARBONIZATION
CHEMICALS
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE NEGOTIATIONS
CLIMATE CHANGE PROBLEM
CLIMATE POLICY
CO
CO2
COAL
COST OF ABATEMENT
CRUDE OIL
DAMAGES
DEVELOPMENT ECONOMICS
DOMESTIC CARBON
DOMESTIC EMISSIONS
DOMESTIC PRODUCTION
DOMESTIC SOURCES
ECOLOGICAL ECONOMICS
ECONOMIC ACTIVITY
ECONOMIC ADJUSTMENT
ECONOMIC EFFECTS
ECONOMIC IMPACTS
ECONOMIC RESEARCH
ECONOMIC SECTORS
ECONOMICS
ELASTICITIES
ELECTRICITY
EMISSION INTENSITIES
EMISSION INTENSITY
EMISSION TRADING
EMISSIONS DATA
EMISSIONS FROM AGRICULTURE
EMISSIONS FROM PRODUCTION
EMISSIONS INVENTORIES
EMISSIONS LEAKAGE
EMISSIONS REDUCTION
ENERGY GOODS
ENERGY POLICY
ENVIRONMENTAL
ENVIRONMENTAL IMPACT
ENVIRONMENTAL LAW
EQUILIBRIUM
EQUITY CONSIDERATIONS
EXCHANGE RATE
EXCHANGE RATES
EXPORTS
FERROUS METALS
FINANCIAL ASSISTANCE
FINANCIAL TRANSFERS
FOSSIL FUEL
FOSSIL FUEL CONSUMPTION
FUEL CONSUMPTION
GDP
GLOBAL CLIMATE CHANGE
GLOBAL EMISSIONS
GREENHOUSE
GREENHOUSE GASES
GROSS NATIONAL INCOME
INCENTIVE EFFECTS
INDUSTRIALIZATION
INTERMEDIATE GOODS
INTERNATIONAL TRADE
LAND-USE CHANGE
LOWER PRICES
spellingShingle ABATEMENT
ACID
ACID RAIN
ADJUSTMENT POLICIES
AVERAGE TAX RATES
BALANCE OF PAYMENTS
BILATERAL TRADE
CALCULATION
CAPS
CARBON
CARBON BALANCE
CARBON CONTENT
CARBON DIOXIDE
CARBON DIOXIDE EMISSIONS
CARBON EMISSION
CARBON EMISSIONS
CARBON FLOWS
CARBON INTENSITY
CARBON INVENTORIES
CARBON LEAKAGE
CARBON PRICE
CARBON REDUCTIONS
CARBON TAX
CARBON TAXES
CARBONIZATION
CHEMICALS
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE NEGOTIATIONS
CLIMATE CHANGE PROBLEM
CLIMATE POLICY
CO
CO2
COAL
COST OF ABATEMENT
CRUDE OIL
DAMAGES
DEVELOPMENT ECONOMICS
DOMESTIC CARBON
DOMESTIC EMISSIONS
DOMESTIC PRODUCTION
DOMESTIC SOURCES
ECOLOGICAL ECONOMICS
ECONOMIC ACTIVITY
ECONOMIC ADJUSTMENT
ECONOMIC EFFECTS
ECONOMIC IMPACTS
ECONOMIC RESEARCH
ECONOMIC SECTORS
ECONOMICS
ELASTICITIES
ELECTRICITY
EMISSION INTENSITIES
EMISSION INTENSITY
EMISSION TRADING
EMISSIONS DATA
EMISSIONS FROM AGRICULTURE
EMISSIONS FROM PRODUCTION
EMISSIONS INVENTORIES
EMISSIONS LEAKAGE
EMISSIONS REDUCTION
ENERGY GOODS
ENERGY POLICY
ENVIRONMENTAL
ENVIRONMENTAL IMPACT
ENVIRONMENTAL LAW
EQUILIBRIUM
EQUITY CONSIDERATIONS
EXCHANGE RATE
EXCHANGE RATES
EXPORTS
FERROUS METALS
FINANCIAL ASSISTANCE
FINANCIAL TRANSFERS
FOSSIL FUEL
FOSSIL FUEL CONSUMPTION
FUEL CONSUMPTION
GDP
GLOBAL CLIMATE CHANGE
GLOBAL EMISSIONS
GREENHOUSE
GREENHOUSE GASES
GROSS NATIONAL INCOME
INCENTIVE EFFECTS
INDUSTRIALIZATION
INTERMEDIATE GOODS
INTERNATIONAL TRADE
LAND-USE CHANGE
LOWER PRICES
Atkinson, Giles
Hamilton, Kirk
Ruta, Giovanni
Van Der Mensbrugghe, Dominique
Trade in 'Virtual Carbon' : Empirical Results and Implications for Policy
relation Policy Research Working Paper;No. 5194
description The fact that developing countries do not have carbon emission caps under the Kyoto Protocol has led to the current interest in high-income countries in border taxes on the "virtual" carbon content of imports. The authors use Global Trade Analysis Project data and input-output analysis to estimate the flows of virtual carbon implicit in domestic production technologies and the pattern of international trade. The results present striking evidence on the wide variation in the carbon-intensiveness of trade across countries, with major developing countries being large net exporters of virtual carbon. The analysis suggests that tax rates of $50 per ton of virtual carbon could lead to very substantial effective tariff rates on the exports of the most carbon-intensive developing nations.
format Publications & Research :: Policy Research Working Paper
author Atkinson, Giles
Hamilton, Kirk
Ruta, Giovanni
Van Der Mensbrugghe, Dominique
author_facet Atkinson, Giles
Hamilton, Kirk
Ruta, Giovanni
Van Der Mensbrugghe, Dominique
author_sort Atkinson, Giles
title Trade in 'Virtual Carbon' : Empirical Results and Implications for Policy
title_short Trade in 'Virtual Carbon' : Empirical Results and Implications for Policy
title_full Trade in 'Virtual Carbon' : Empirical Results and Implications for Policy
title_fullStr Trade in 'Virtual Carbon' : Empirical Results and Implications for Policy
title_full_unstemmed Trade in 'Virtual Carbon' : Empirical Results and Implications for Policy
title_sort trade in 'virtual carbon' : empirical results and implications for policy
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2010/01/11704469/trade-virtual-carbon-empirical-results-implications-policy
http://hdl.handle.net/10986/19903
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