Trade, climate policy and carbon leakage: theory and empirical evidence
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| Main Author: | |
|---|---|
| Format: | Thesis Book |
| Language: | English |
| Published: |
München
Ifo-Inst. für Wirtschaftsforschung
2013
|
| Series: | ifo Beiträge zur Wirtschaftsforschung
49 |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Item Description: | Literaturverz.: S. 191 - 201 |
| Physical Description: | XIII, 255 S. graph. Darst., Kt. |
| ISBN: | 9783885125419 |
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Record in the Search Index
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|---|---|
| adam_text | IMAGE 1
V
C O N T E N T S
LIST O F TABLES X I
LIST O F FIGURES XIII
INTRODUCTION 1
1 WHAT A DIFFERENCE KYOTO MADE: EVIDENCE FROM INSTRUMENTAL VARIABLES
ESTIMATION 9
1.1 INTRODUCTION 9
1.2 EMPIRICAL STRATEGY AND DATA 12
1.2.1 A MODEL OF CO2 EMISSIONS: THE SECOND-STAGE 12
1.2.2 ECONOMETRIC ISSUES 13
1.2.3 INSTRUMENTAL VARIABLES STRATEGY 14
1.2.4 DATA 16
1.3 SELECTION INTO KYOTO: THE ROLE OF ICC MEMBERSHIP 17
1.4 KYOTO S EFFECT ON EMISSIONS 21
1.4.1 GRAPHICAL INSPECTION OF KYOTO S EFFECTS 21
1.4.2 REGRESSION RESULTS 22
1.4.3 ROBUSTNESS CHECKS 25
1.5 CHANNELS: FUEL MIX, FUEL PRICES, AND ELECTRICITY USE 27
1.5.1 ENERGY MIX 30
1.5.2 ELECTRICITY MIX 30
1.5.3 FUEL PRICES 31
1.5.4 ENERGY AND ELECTRICITY USE 32
1.5.5 ROBUSTNESS CHECKS 32
1.6 DISCUSSION 34
2 KYOTO AND T H E CARBON FOOTPRINT O F NATIONS 3 7
2.1 INTRODUCTION 37
2.2 MEASURING THE CARBON FOOTPRINT OF NATIONS 40
2.2.1 METHOD AND DATA 40
HTTP://D-NB.INFO/1036470938
IMAGE 2
V I
2.2.2 DESCRIPTIVE EVIDENCE 44
2.3 EMPIRICAL STRATEGY 46
2.3.1 DIFFERENCES-IN-DIFFERENCES ESTIMATION 46
2.3.2 INSTRUMENTAL VARIABLES STRATEGY 50
2.4 KYOTO AFFECTED FIRMS BUT NOT CONSUMERS 55
2.4.1 OLS ESTIMATES 55
2.4.2 IV ESTIMATES 57
2.5 ROBUSTNESS CHECKS 59
2.5.1 ALTERNATIVE SAMPLES 60
2.5.2 ALTERNATIVE IV STRATEGIES 62
2.5.3 ALTERNATIVE DEFINITIONS OF THE DEPENDENT VARIABLES 63
2.5.4 ALTERNATIVE TREATMENT WINDOWS 64
2.5.5 ADDITIONAL ROBUSTNESS CHECKS 65
2.6 CONCLUSION 66
3 ESTIMATING T H E EFFECTS O F KYOTO O N BILATERAL TRADE FLOWS USING
MATCHING ECONOMETRICS 6 9
3.1 INTRODUCTION 69
3.2 EMPIRICAL STRATEGY AND DATA 72
3.2.1 SELF-SELECTION INTO KYOTO COMMITMENTS: PROBLEMS AND CURES 73 3.2.2
THE CHOICE OF MATCHING VARIABLES 77
3.2.3 DATA DESCRIPTION 80
3.3 ESTIMATES OF KYOTO S EFFECT ON EXPORTS 82
3.3.1 BALANCING PROPERTY 82
3.3.2 BASELINE RESULTS 83
3.3.3 ROBUSTNESS CHECKS 88
3.4 INDUSTRY-LEVEL HETEROGENEITY 91
3.4.1 RESULTS ON SECTORAL ATTFC 91
3.4.2 INTERPRETATION 94
3.5 CONCLUSIONS 96
4 KYOTO AND CARBON LEAKAGE: A N EMPIRICAL ANALYSIS O F THE CARBON
CONTENT O F BILATERAL TVADE 9 9
4.1 INTRODUCTION 99
4.2 GRAVITY FOR CO2 103
4.2.1 CONSUMERS 104
4.2.2 FIRMS 105
4.2.3 INTERNATIONAL TRADE FLOWS 106
4.2.4 THE CARBON CONTENT OF BILATERAL TRADE 107
4.2.5 CLIMATE POLICY AND THE C 0 2 CONTENT OF BILATERAL TRADE 109
IMAGE 3
VII
4.3 DATA 112
4.3.1 DATA SOURCES 112
4.3.2 DESCRIPTIVE STATISTICS 113
4.4 EMPIRICAL STRATEGY 116
4.4.1 MEASURING THE KYOTO EFFECT 118
4.4.2 OMITTED VARIABLES BIAS 121
4.4.3 SELECTION INTO KYOTO 122
4.4.4 REVERSE CAUSALITY 124
4.4.5 REGRESSIONS ESTIMATED 125
4.5 RESULTS 126
4.5.1 POOLED REGRESSIONS: BENCHMARK 126
4.5.2 POOLED REGRESSIONS: SOURCES OF ENDOGENEITY BIAS 128
4.5.3 POOLED REGRESSIONS: PLACEBO TESTS . 132
4.5.4 POOLED REGRESSIONS: FARTHER ROBUSTNESS CHECKS 135
4.5.5 DIFFERENTIAL COMMITMENT SECTOR BY SECTOR 138
4.6 CONCLUSIONS 140
5 CARBON LEAKAGE W I T H STRUCTURAL GRAVITY 143
5.1 INTRODUCTION 143
5.2 METHODOLOGY 147
5.2.1 GRAVITY MODEL WITH ENERGY AND CONVENTIONAL PRODUCTION FACTORS . .
. 148
5.2.2 IDENTIFYING THE MODEL S PARAMETERS 153
5.2.3 COUNTERFACTUAL ANALYSIS 155
5.3 EMPIRICAL EVIDENCE 160
5.3.1 DATA 160
5.3.2 STRUCTURAL GRAVITY PARAMETER ESTIMATES 163
5.4 COUNTERFACTUAL CLIMATE AND TRADE POLICY SCENARIOS 167
5.4.1 COUNTERFACTUAL INCREASE IN THE EU S EMISSION ALLOWANCE PRICE 167
5.4.2 OTHER CLIMATE POLICY SCENARIOS 176
5.4.3 TRADE LIBERALIZATION AND EMISSIONS 181
5.5 CONCLUSIONS 188
REFERENCES 191
A APPENDIX T O CHAPTER 1 203
B APPENDIX T O CHAPTER 2 215
B.L DATA APPENDIX 215
B.2 DETAILED REGRESSION OUTPUT 220
IMAGE 4
VIII
C APPENDIX T O CHAPTER 3 227
D APPENDIX T O CHAPTER 4 231
D.L INFORMATION ON DATASET 231
D.2 PROOFS 233
D.3 DETAILED REGRESSION RESULTS 239
E APPENDIX T O CHAPTER 5 253
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| discipline | Wirtschaftswissenschaften |
| format | Thesis Book |
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| indexdate | 2024-07-10T00:41:34Z |
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| isbn | 9783885125419 |
| language | English |
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| physical | XIII, 255 S. graph. Darst., Kt. |
| publishDate | 2013 |
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| publisher | Ifo-Inst. für Wirtschaftsforschung |
| record_format | marc |
| series | ifo Beiträge zur Wirtschaftsforschung |
| series2 | ifo Beiträge zur Wirtschaftsforschung |
| spelling | Aichele, Rahel 1982- Verfasser (DE-588)1037361547 aut Trade, climate policy and carbon leakage theory and empirical evidence Rahel Aichele München Ifo-Inst. für Wirtschaftsforschung 2013 XIII, 255 S. graph. Darst., Kt. txt rdacontent n rdamedia nc rdacarrier ifo Beiträge zur Wirtschaftsforschung 49 Literaturverz.: S. 191 - 201 Zugl.: München, Univ., Diss., 2013 Umweltzertifikathandel (DE-588)4572791-0 gnd rswk-swf Klimaschutz (DE-588)7547705-1 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Klimaschutz (DE-588)7547705-1 s Umweltzertifikathandel (DE-588)4572791-0 s DE-604 ifo Beiträge zur Wirtschaftsforschung 49 (DE-604)BV013457541 49 DNB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=026161117&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Aichele, Rahel 1982- Trade, climate policy and carbon leakage theory and empirical evidence ifo Beiträge zur Wirtschaftsforschung Umweltzertifikathandel (DE-588)4572791-0 gnd Klimaschutz (DE-588)7547705-1 gnd |
| subject_GND | (DE-588)4572791-0 (DE-588)7547705-1 (DE-588)4113937-9 |
| title | Trade, climate policy and carbon leakage theory and empirical evidence |
| title_auth | Trade, climate policy and carbon leakage theory and empirical evidence |
| title_exact_search | Trade, climate policy and carbon leakage theory and empirical evidence |
| title_full | Trade, climate policy and carbon leakage theory and empirical evidence Rahel Aichele |
| title_fullStr | Trade, climate policy and carbon leakage theory and empirical evidence Rahel Aichele |
| title_full_unstemmed | Trade, climate policy and carbon leakage theory and empirical evidence Rahel Aichele |
| title_short | Trade, climate policy and carbon leakage |
| title_sort | trade climate policy and carbon leakage theory and empirical evidence |
| title_sub | theory and empirical evidence |
| topic | Umweltzertifikathandel (DE-588)4572791-0 gnd Klimaschutz (DE-588)7547705-1 gnd |
| topic_facet | Umweltzertifikathandel Klimaschutz Hochschulschrift |
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| volume_link | (DE-604)BV013457541 |
| work_keys_str_mv | AT aichelerahel tradeclimatepolicyandcarbonleakagetheoryandempiricalevidence |