International coal trade and restrictions on coal consumption
Coal consumption is a major source of CO2 emissions and other air pollutants and is therefore a focus of environmental policy. However, countries that restrict their coal consumption will likely expand their coal exports to foreign markets with fewer restrictions on consumption. The adjustment in international trade will mitigate the impact on coal industry employment but will also reverse some of the reduction in global emissions. This paper quantifies the impact of restrictions on coal consumption in the United States and several other large countries on global coal consumption, trade, and industry employment. The impact calculations are based on an econometric model of the international coal market. The parameters of the model are fitted to panel data on coal consumption and production in 53 countries.
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- ANDERSON, KYM & McKIBBIN, WARWICK J., 2000.
"Reducing coal subsidies and trade barriers: their contribution to greenhouse gas abatement,"
Environment and Development Economics,
Cambridge University Press, vol. 5(04), pages 457-481, October.
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- Linda Warell, 2006. "Market Integration in the International Coal Industry: A Cointegration Approach," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 99-118. Full references (including those not matched with items on IDEAS)
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