IDEAS home Printed from https://ideas.repec.org/a/eee/eneeco/v84y2019ics0140988319302646.html
   My bibliography  Save this article

Slowing down of globalization and global CO2 emissions – A causal or casual association?

Author

Listed:
  • Zhu, Kunfu
  • Jiang, Xuemei

Abstract

In recent years we have witnessed slowdowns of both globalization and global CO2 emissions. Not only have Organization for Economic Co-operation and Development (OECD) economies, such as the US and the UK, tried to bring manufacturing back to their home countries but non-OECD economies, such as China and India, have also increased their shares of domestic products at both intermediate and final goods. In this paper, we employ the annual global multi-regional input–output tables compiled by the Asian Development Bank to explore the linkage of the recent slowdown in globalization and global CO2 emissions for the period 2012–2016. Our results suggest that there are indeed some clues indicating a slowdown of globalization in several leading OECD and non-OECD economies. However, the changes of consumption in non-OECD economies are much larger than are those in OECD economies. At the aggregate level, the effects of globalization on emissions have been dominated by non-OECD economies (in particular China and India), showing a negative linkage. More specifically, the changing pattern of globalization has contributed a net increase of 202 Mt. in global CO2 emissions. The recent slowdown of global CO2 emissions cannot, in general, be attributed to the slowdown of globalization.

Suggested Citation

  • Zhu, Kunfu & Jiang, Xuemei, 2019. "Slowing down of globalization and global CO2 emissions – A causal or casual association?," Energy Economics, Elsevier, vol. 84(C).
    • Handle: RePEc:eee:eneeco:v:84:y:2019:i:c:s0140988319302646
    DOI: 10.1016/j.eneco.2019.104483
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0140988319302646
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.eneco.2019.104483?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Brian R. Copeland & M. Scott Taylor, 2004. "Trade, Growth, and the Environment," Journal of Economic Literature, American Economic Association, vol. 42(1), pages 7-71, March.
    2. Silva, Emilson C.D. & Zhu, Xie, 2009. "Emissions trading of global and local pollutants, pollution havens and free riding," Journal of Environmental Economics and Management, Elsevier, vol. 58(2), pages 169-182, September.
    3. López, Luis Antonio & Arce, Guadalupe & Zafrilla, Jorge Enrique, 2013. "Parcelling virtual carbon in the pollution haven hypothesis," Energy Economics, Elsevier, vol. 39(C), pages 177-186.
    4. Arunima Malik & Jun Lan, 2016. "The role of outsourcing in driving global carbon emissions," Economic Systems Research, Taylor & Francis Journals, vol. 28(2), pages 168-182, June.
    5. Fell, Harrison & Maniloff, Peter, 2018. "Leakage in regional environmental policy: The case of the regional greenhouse gas initiative," Journal of Environmental Economics and Management, Elsevier, vol. 87(C), pages 1-23.
    6. Jiang, Xuemei & Green, Christopher, 2017. "The Impact on Global Greenhouse Gas Emissions of Geographic Shifts in Global Supply Chains," Ecological Economics, Elsevier, vol. 139(C), pages 102-114.
    7. Wiedmann, Thomas, 2009. "A review of recent multi-region input-output models used for consumption-based emission and resource accounting," Ecological Economics, Elsevier, vol. 69(2), pages 211-222, December.
    8. Anders Hammer Strømman & Edgar G. Hertwich & Faye Duchin, 2009. "Shifting Trade Patterns as a Means of Reducing Global Carbon Dioxide Emissions," Journal of Industrial Ecology, Yale University, vol. 13(1), pages 38-57, February.
    9. Zhang, Zengkai & Zhu, Kunfu & Hewings, Geoffrey J.D., 2017. "A multi-regional input–output analysis of the pollution haven hypothesis from the perspective of global production fragmentation," Energy Economics, Elsevier, vol. 64(C), pages 13-23.
    10. Jiang, Xuemei & Guan, Dabo & López, Luis Antonio, 2018. "The global CO2 emission cost of geographic shifts in international sourcing," Energy Economics, Elsevier, vol. 73(C), pages 122-134.
    11. Xuemei Jiang & Quanrun Chen & Dabo Guan & Kunfu Zhu & Cuihong Yang, 2016. "Revisiting the Global Net Carbon Dioxide Emission Transfers by International Trade: The Impact of Trade Heterogeneity of China," Journal of Industrial Ecology, Yale University, vol. 20(3), pages 506-514, June.
    12. Cole, Matthew A., 2004. "Trade, the pollution haven hypothesis and the environmental Kuznets curve: examining the linkages," Ecological Economics, Elsevier, vol. 48(1), pages 71-81, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dong, Kangyin & Dong, Xiucheng & Ren, Xiaohang, 2020. "Can expanding natural gas infrastructure mitigate CO2 emissions? Analysis of heterogeneous and mediation effects for China," Energy Economics, Elsevier, vol. 90(C).
    2. Zhang, Yu & Tian, Kailan & Li, Xiaomeng & Jiang, Xuemei & Yang, Cuihong, 2022. "From globalization to regionalization? Assessing its potential environmental and economic effects," Applied Energy, Elsevier, vol. 310(C).
    3. Duan, Yuwan & Jiang, Xuemei, 2021. "Pollution haven or pollution halo? A Re-evaluation on the role of multinational enterprises in global CO2 emissions," Energy Economics, Elsevier, vol. 97(C).
    4. Zhang, Danyang & Wang, Hui & Löschel, Andreas & Zhou, Peng, 2021. "The changing role of global value chains in CO2 emission intensity in 2000–2014," Energy Economics, Elsevier, vol. 93(C).
    5. Ilhan Ozturk & Buket Savranlar & Alper Aslan & Usama Al-mulali & Seyfettin Artan, 2023. "The Dynamic Simulation Analysis of the Impact of Urbanization and Globalization on Environmental Quality," Sustainability, MDPI, vol. 15(15), pages 1-13, July.
    6. Caetano, Rafaela Vital & Marques, António Cardoso, 2023. "Could energy transition be a game changer for the transfer of polluting industries from developed to developing countries? An application of game theory," Structural Change and Economic Dynamics, Elsevier, vol. 65(C), pages 351-363.
    7. Patrícia Hipólito Leal & António Cardoso Marques & Muhammad Shahbaz, 2021. "The role of globalisation, de jure and de facto, on environmental performance: evidence from developing and developed countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(5), pages 7412-7431, May.
    8. Patrícia Hipólito Leal & Rafaela Vital Caetano & António Cardoso Marques, 2021. "Is the Relocation of Polluting Industries Prompted by FDI Flow and Stock, Globalisation, Corruption and Regulation?," IJERPH, MDPI, vol. 18(4), pages 1-30, February.
    9. Sharif, Arshian & Iqbal Godil, Danish & Xu, Bingjie & Sinha, Avik & Abdul Rehman Khan, Syed & Jermsittiparsert, Kittisak, 2020. "Revisiting the Role of Tourism and Globalization in Environmental Degradation in China: Fresh Insights from the Quantile ARDL Approach," MPRA Paper 101156, University Library of Munich, Germany, revised 2020.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhang, Yu & Tian, Kailan & Li, Xiaomeng & Jiang, Xuemei & Yang, Cuihong, 2022. "From globalization to regionalization? Assessing its potential environmental and economic effects," Applied Energy, Elsevier, vol. 310(C).
    2. Duan, Yuwan & Jiang, Xuemei, 2017. "Temporal Change of China's Pollution Terms of Trade and its Determinants," Ecological Economics, Elsevier, vol. 132(C), pages 31-44.
    3. Jiang, Xuemei & Guan, Dabo, 2017. "The global CO2 emissions growth after international crisis and the role of international trade," Energy Policy, Elsevier, vol. 109(C), pages 734-746.
    4. Yan, Bingqian & Xia, Yan & Jiang, Xuemei, 2023. "Carbon productivity and value-added generations: Regional heterogeneity along global value chain," Structural Change and Economic Dynamics, Elsevier, vol. 65(C), pages 111-125.
    5. Li, Meng & Gao, Yuning & Meng, Bo & Yang, Zhusong, 2021. "Managing the mitigation: Analysis of the effectiveness of target-based policies on China's provincial carbon emission and transfer," Energy Policy, Elsevier, vol. 151(C).
    6. Zhang, Zengkai & Guo, Ju'e & Hewings, Geoffrey J.D., 2014. "The effects of direct trade within China on regional and national CO2 emissions," Energy Economics, Elsevier, vol. 46(C), pages 161-175.
    7. Chen, Quanrun & Löschel, Andreas & Pei, Jiansuo & Peters, Glen P. & Xue, Jinjun & Zhao, Zhongxiu, 2019. "Processing trade, foreign outsourcing and carbon emissions in China," Structural Change and Economic Dynamics, Elsevier, vol. 49(C), pages 1-12.
    8. Ding, Tao & Ning, Yadong & Zhang, Yan, 2018. "The contribution of China’s bilateral trade to global carbon emissions in the context of globalization," Structural Change and Economic Dynamics, Elsevier, vol. 46(C), pages 78-88.
    9. López, Luis Antonio & Arce, Guadalupe & Jiang, Xuemei, 2020. "Mapping China's flows of emissions in the world's carbon footprint: A network approach of production layers," Energy Economics, Elsevier, vol. 87(C).
    10. Meng, Jing & Zhang, Zengkai & Mi, Zhifu & Anadon, Laura Diaz & Zheng, Heran & Zhang, Bo & Shan, Yuli & Guan, Dabo, 2018. "The role of intermediate trade in the change of carbon flows within China," Energy Economics, Elsevier, vol. 76(C), pages 303-312.
    11. Ke Zhang & Xingwei Wang, 2021. "Pollution Haven Hypothesis of Global CO 2 , SO 2 , NO x —Evidence from 43 Economies and 56 Sectors," IJERPH, MDPI, vol. 18(12), pages 1-27, June.
    12. Antoci, Angelo & Galdi, Giulio & Russu, Paolo, 2022. "Environmental degradation and comparative advantage reversal," Socio-Economic Planning Sciences, Elsevier, vol. 82(PA).
    13. Sebri, Maamar, 2009. "La Zone Méditerranéenne Face à la Pollution de L’air : Une Investigation Econométrique [The Mediterranean Zone in front of Air pollution: an Econometric Investigation]," MPRA Paper 32382, University Library of Munich, Germany.
    14. Airebule, Palizha & Cheng, Haitao & Ishikawa, Jota, 2023. "Assessing carbon emissions embodied in international trade based on shared responsibility," Journal of the Japanese and International Economies, Elsevier, vol. 68(C).
    15. Mina Baliamoune-Lutz, 2017. "Trade and Environmental Quality in African Countries: Do Institutions Matter?," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 43(1), pages 155-172, January.
    16. Shahbaz, Muhammad & Nasreen, Samia & Ahmed, Khalid & Hammoudeh, Shawkat, 2017. "Trade openness–carbon emissions nexus: The importance of turning points of trade openness for country panels," Energy Economics, Elsevier, vol. 61(C), pages 221-232.
    17. Costantini, Valeria & Monni, Salvatore, 2008. "Environment, human development and economic growth," Ecological Economics, Elsevier, vol. 64(4), pages 867-880, February.
    18. Inácio Araúgo & Randall Jackson & Amir B. Ferreira Neto & Fernando Perobelli, 2018. "Environmental Costs of European Union Membership: A Structural Decomposition Analysis," Working Papers Working Paper 2018-04, Regional Research Institute, West Virginia University.
    19. Richard T. Carson, 2010. "The Environmental Kuznets Curve: Seeking Empirical Regularity and Theoretical Structure," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 4(1), pages 3-23, Winter.
    20. Kaltenegger, Oliver & Löschel, Andreas & Pothen, Frank, 2017. "The effect of globalisation on energy footprints: Disentangling the links of global value chains," Energy Economics, Elsevier, vol. 68(S1), pages 148-168.

    More about this item

    Keywords

    Globalization; Global CO2 emissions; Multi-regional input-output tables;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • F18 - International Economics - - Trade - - - Trade and Environment
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eneeco:v:84:y:2019:i:c:s0140988319302646. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eneco .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.