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The Carbon Content of Austrian Trade Flows in the European and International Trade Context

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Author Info

  • Birgit Bednar-Friedl
  • Pablo Muñoz Jaramillo
  • Thomas Schinko
  • Karl Steininger

Abstract

In this study CO2 emissions embodied in Austrian international trade are quantified employing a 66-region input output model of multidirectional trade. We find that Austria’s final demand CO2 responsibilities on a global scale are 38% higher than conventional statistics report (110 Mt-CO2 versus 79 Mt-CO2 in 2004). For each unit of Austrian final demand, currently two thirds of the thus triggered CO2 emissions occur outside Austrian borders. We then develop a 19-region computable general equilibrium model of Austria and its major trading partners and world regions to find that future Austrian climate policy can achieve the EU 20-20 emission reduction targets, but that its carbon trade balance would worsen considerably. Both unilateral EU and internationally coordinated climate policies affect Austrian international trade stronger than its domestic production.

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Bibliographic Info

Paper provided by FIW in its series FIW Research Reports series with number II-005.

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Length: 112
Date of creation: Jan 2010
Date of revision:
Handle: RePEc:wsr:ecbook:2010:i:ii-005

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Related research

Keywords: Multi-regional Input-Output Analysis; Multi-regional Computable General Equilibrium; Embodied emissions; Consumption-based principle; Carbon Leakage; Carbon dioxide; Unilateral Climate Policy;

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Cited by:
  1. Ludena, Carlos E., 2010. "Production Vs. Consumption And The Carbon Content Of Trade – A Worldwide Analysis For Agriculture," Proceedings Issues, 2010: Climate Change in World Agriculture: Mitigation, Adaptation, Trade and Food Security, June 2010, Stuttgart- Hohenheim, Germany 91397, International Agricultural Trade Research Consortium.
  2. Trink, Thomas & Schmid, Christoph & Schinko, Thomas & Steininger, Karl W. & Loibnegger, Thomas & Kettner, Claudia & Pack, Alexandra & Töglhofer, Christoph, 2010. "Regional economic impacts of biomass based energy service use: A comparison across crops and technologies for East Styria, Austria," Energy Policy, Elsevier, vol. 38(10), pages 5912-5926, October.

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