scholarly journals Revising Emission Responsibilities through Consumption-Based Accounting: A European and Post-Brexit Perspective

2019 ◽  
Vol 11 (2) ◽  
pp. 488 ◽  
Author(s):  
Paola Fezzigna ◽  
Simone Borghesi ◽  
Dario Caro
Keyword(s):  
International Trade ◽  
Co2 Emissions ◽  
Trade Flows ◽  
Environmental Implications ◽  
Traded Goods ◽  
The World ◽  
Trading Partners ◽  
The Uk ◽  
The Impact ◽  
The Eu

International trade shifts production of a large amount of carbon dioxide (CO2) emissions embodied in traded goods from the importing country to the exporting country. The European Union (EU) plays a prominent role in the flow of international-related emissions as it accounts for the second largest share of global exports and imports of goods. Consumption-based accountings (CBA) emerged as alternative to the traditional emission inventories based on the Intergovernmental Panel on Climate Change (IPCC) guidelines. According to the IPCC criteria, countries where products are consumed take no responsibility for the emissions produced by exporter countries, thus neglecting the emissions embodied in trade. By taking this aspect into account, CBA are considered of great importance in revealing emissions attributed to the final consumer. Using a CBA approach, this paper evaluates the impact of international trade in the EU in terms of CO2 emissions, looking both at the internal trade flows within the EU-28 and at the external trade flows between the EU and the rest of the world during the period 2012–2015. We find that the EU is a net importer of emissions as its emissions due to consumption exceed those due to production. In particular, in 2015 the ratio between import- and export-embodied emissions was more than 3:1 for the EU-28 that imported 1317 Mt CO2 from the rest of the world (mainly from China and Russia) while exporting only 424 Mt CO2. Concerning emissions flows among EU countries, Germany represents the largest importer, followed by the UK. To get a deeper understanding on possible environmental implications of Brexit on UK emission responsibilities, the paper also advances a few hypotheses on how trade flows could change based on the existing trade patterns of the UK. Data analysis shows that a 10% shift of UK imports from EU partners to its main non-EU trading partners (India, China, and US) would increase its emission responsibility by 5%. The increase in UK emission responsibility would more than double (+11%) in case of a 30% shift of UK imports. Similar results would apply if UK replaced its current EU partners with its main Commonwealth trading partners as a result of Brexit.

China-European Union Trade and Global Warming

2012 ◽  
pp. 18-28
Author(s):  
Yang Laike ◽  
Liao Chun
Keyword(s):  
Co2 Emissions ◽  
Trade Deficit ◽  
Policy Implications ◽  
Environmental Implications ◽  
Co2 Emission Reduction ◽  
The World ◽  
Trade Partner ◽  
Geographic Separation ◽  
Environmental Burdens ◽  
The Eu

The globalization of trade has numerous environmental implications. Trade results from a geographic separation of consumption and production. This creates a mechanism for consumers to shift environmental pollution to other countries. China is now the world third biggest trader and the second biggest trade partner of EU. China has also overtaken the U.S. as the world biggest CO2 emitter since 2005. As China’s biggest trade partner, EU has a large trade deficit with China, but on the other hand, CO2 emissions embodied in Sino-EU trade are much more unbalanced than the trade imbalance itself. EU avoided a huge amount of CO2 emissions through trading with China. This lowers CO2 emissions in the EU and facilitates EU meeting its CO2 emission reduction targets, but it creates additional environmental burdens for China. In this paper, the dual imbalances between China and the EU, its mechanism, and policy implications will be presented.

China-European Union Trade and Global Warming

2010 ◽  
Vol 1 (1) ◽  
pp. 30-40
Author(s):  
Yang Laike ◽  
Liao Chun
Keyword(s):  
Co2 Emissions ◽  
Trade Deficit ◽  
Policy Implications ◽  
Environmental Implications ◽  
Co2 Emission Reduction ◽  
The World ◽  
Trade Partner ◽  
Geographic Separation ◽  
Environmental Burdens ◽  
The Eu

The globalization of trade has numerous environmental implications. Trade results from a geographic separation of consumption and production. This creates a mechanism for consumers to shift environmental pollution to other countries. China is now the world third biggest trader and the second biggest trade partner of EU. China has also overtaken the U.S. as the world biggest CO2 emitter since 2005. As China’s biggest trade partner, EU has a large trade deficit with China, but on the other hand, CO2 emissions embodied in Sino-EU trade are much more unbalanced than the trade imbalance itself. EU avoided a huge amount of CO2 emissions through trading with China. This lowers CO2 emissions in the EU and facilitates EU meeting its CO2 emission reduction targets, but it creates additional environmental burdens for China. In this paper, the dual imbalances between China and the EU, its mechanism, and policy implications will be presented.

Economic Crisis and Its Effects on International Trade

2021 ◽  
pp. 66-84
Author(s):  
Miloš Parežanin ◽  
Dragana Kragulj ◽  
Sandra Jednak
Keyword(s):  
Foreign Direct Investment ◽  
International Trade ◽  
Economic Crisis ◽  
Direct Investment ◽  
Trade Flows ◽  
Balance Of Payments ◽  
Current Crisis ◽  
Eu Countries ◽  
The Impact ◽  
The Eu

The aim of this chapter is to analyse the effects of the economic crisis on the trade among the Southeastern European (SEE) countries. The countries were divided into two groups: the EU countries and non-EU countries. Macroeconomic performances and international trade indicators of the 11 observed countries were analysed for the period 2007-2019, and the effects of the economic crisis were present in all the observed countries, particularly the effects on the export performances. The crisis also affected the entire import of the non-EU countries. The EU countries recovered from the crisis faster than the non-EU countries. However, the non-EU countries achieved a more significant inflow of foreign direct investment in the post-crisis period, which significantly improved the position of the balance of payments in these countries. The observed countries had managed to stabilise their trade flows all until the beginning of the COVID-19 crisis. The impact of the current crisis on these countries remains to be estimated in the future.

scholarly journals The impact of pest risk management measures on trade: the case of apples from France and Chile

2021 ◽  
Vol 9 (1) ◽  
Author(s):  
DeMaria Federica ◽  
Drogue Sophie ◽  
Lubello Pasquale
Keyword(s):  
Risk Management ◽  
International Trade ◽  
Trade Flows ◽  
Local Conditions ◽  
Export Strategy ◽  
Management Measures ◽  
Market Shares ◽  
Trading Partners ◽  
The Impact ◽  
Pest Risk

AbstractIn this article, we investigate how pest risk management protocols may affect trade flows of fresh apples. We apply our analysis to two major players in the international trade of fresh apples: France and Chile. These two countries have been chosen because they are among the world’s leading apple exporters and although they have similar market shares, they differ in terms of destination markets, seasonality, local conditions and export strategy. In order to assess the impact of pest risk management protocols on international trade of apples from France and Chile, we introduce in a gravity equation beside the traditional variables, a score able to measure their complexity. The results are interesting in the sense that even if the score for France and Chile by main trading partners are rather close, we found that French apples exporters would be more impacted by pest risk management protocols than their Chilean counterparts.

How Britain Will React to a WTO-Based Brexit

2019 ◽  
Vol 16 (1) ◽  
Author(s):  
Patrick Minford
Keyword(s):  
Financial Contribution ◽  
The Us ◽  
The World ◽  
Trading Partners ◽  
State Behaviour ◽  
The Government ◽  
The Uk ◽  
The Eu

Abstract The government of Boris Johnson has restarted negotiations with the EU over the proposed Withdrawal Agreement. If these fail the UK will exit without an agreed trade deal. This exit would not however be ‘lawless’, with unknown and chaotic consequences. Trade is governed in both the UK and the EU by WTO rules and these are highly prescriptive, preventing both sides from imposing border hold-ups and imposing arbitrary new standards on exporters whose products have long satisfied existing standards. Chaos produced by such state behaviour would be illegal and so is highly unlikely. Consequently such a ‘no deal’ would lead to the speediest Brexit, and avoid any UK financial contribution. It would also allow the rapid conclusion of FTAs with the US and other major trading partners, driving UK prices to world levels rapidly. Without an EU FTA tariffs would have to be imposed by both sides; their incidence would fall on EU traders who would have to match the world prices now prevailing in the UK market. Technically therefore no deal is the UK’s best option while it is damaging to the EU. However undoubtedly the UK would welcome a deal for reasons of good neighbourliness.

scholarly journals Brexit: Australian Perspectives on International Trade and Customs Operations

2021 ◽  
Vol 9 (1) ◽  
Author(s):  
Roberto Bergami
Keyword(s):  
International Trade ◽  
Market Access ◽  
Economic Interdependence ◽  
The Many ◽  
The Uk ◽  
The Impact ◽  
The Eu

The decision made by a slight majority of voters in the UK to leave the EU, based on a non-binding referendum, sent initial shockwaves across the globe. The separation of the UK from the EU is still a process in the making, as there is no certainty about the negotiation approach the UK or the EU will adopt on the terms of the so called Brexit. This paper seeks to outline the major aspects of market access for the international trade of goods between the UK and the EU and the impact and opportunities for Australia, noting the comparatively greater importance of the EU 27 to Australia. The paper concludes that the economic interdependence between the UK and the EU warrants a win-win solution, despite the many as yet unknown challenges that lie ahead.

scholarly journals The impact of foreign trade on the Netherlands’ real CO2 emissions

2019 ◽  
Vol 3 (4) ◽  
pp. 135-147
Author(s):  
Bartosz Fortuński
Keyword(s):  
The Netherlands ◽  
Co2 Emissions ◽  
Design Research ◽  
The European Union ◽  
The Real ◽  
Eu Member States ◽  
Globalizing World ◽  
The World ◽  
The Impact ◽  
The Eu

Aim: CO2 emissions and the related climate change are a global problem, where the direct impact of actions of individual countries depends on their total share in CO2 emissions. In order to assess the potential for policy measures, the openness of an economy, and the related import and export and their impacts on emissions should be considered. The aim of this paper is the attempt to show the real CO2 emissions of the Netherlands as well as the impact of its trade on CO2 emissions in other countries in the world and in the EU in 2015.Design / Research methods: This study was conducted on the group of countries that are the major emitters of CO2 in the world including most of the EU members. Countries with negligible CO2 emissions were omitted. Actual CO2 emissions were obtained by applying the actual emission factor. This takes into account the transfer of CO2 in export products and services as well as those imported by particular countries.Conclusions / findings: The real CO2 emissions in the Netherlands are significantly different from the gross values, which represent the CO2 emissions in the particular countries. It is also important to indicate that isolated actions of a single country within the European Union itself do not deliver the intended global and regional target – significant CO2 emissions reduction. The approach proposed in this study, when applied, may have serious implications for individual EU member states in implementing their energy policy objectives.Originality / value of the article: The article shows a different approach to the issue of CO2 emission, including the importance of international trade in a globalizing world.

scholarly journals Social Development and International Trade in Central Europe

Equilibrium ◽  
2012 ◽  
Vol 7 (2) ◽  
pp. 7-19
Author(s):  
Andrzej Cieślik ◽  
Jan Jakub Michałek ◽  
Jerzy Mycielski
Keyword(s):  
International Trade ◽  
Social Development ◽  
Bilateral Trade ◽  
Empirical Studies ◽  
Trade Flows ◽  
Development Indicators ◽  
Trading Partners ◽  
Bilateral Trade Flows ◽  
Standard Set ◽  
The Impact

In this paper we study the impact of social development on international trade in Central and Eastern Europe using the generalized gravity model. Many previous empirical studies which explored the determinants of trade flows, concentrated only on traditional gravity variables, such as the size of trading partners, factor abundance, technology differences or distance. In our study, in addition to the standard set of gravity variables, we examine the role of aggregate social development indicators such as Human Development Index and its components. Our results show that both aggregate and disaggregate measures of social development affect the volume of international trade flows. In particular, the education indexes seem to be positively related to bilateral trade flows.

Trends in otolaryngology research during the period 1995-2000: A bibliometric approach

2005 ◽  
Vol 132 (2) ◽  
pp. 295-302 ◽  
Author(s):  
Marco A. Cimmino ◽  
Maio Tiziana ◽  
Donatella Ugolini ◽  
Filippo Borasi ◽  
Giuseppe S. Mela
Keyword(s):  
Key Words ◽  
Scientific Information ◽  
Small Countries ◽  
The World ◽  
The Usa ◽  
The Uk ◽  
The Impact ◽  
Bibliometric Approach ◽  
Journal Impact ◽  
The Eu

OBJECTIVES: To evaluate the distribution and scope of papers published in the world in otolaryngology (ORL) journals and to compare the impact of this research among different countries. METHODS: Papers published in the 29 ORL journals screened by the Institute for Scientific Information (ISI, Philadelphia, PA, USA) in the 6-year period 1995–2000 were considered. The journal impact factor (IF), the source country population, and gross domestic product (GDP) were recorded. All key words, both those assigned by the authors and those attributed by ISI, were identified and their frequency was calculated using a special-purpose program. RESULTS: The total number of papers in the ORL literature during the period 1995–2000 increased from 2036 to 3705. A percentage varying between 47.7% (1995) and 36.1% (2000) was published by EU authors whereas the USA accounted for a percentage varying between 28.1% (1995) and 38.8% (2000). In 2000, the leading countries were the USA, the EU, Japan, Canada, and Australia. In Europe the UK (28.5% of papers), Germany (26.2%), Italy (7.2%), Sweden (5.8%), France (5.5%), and the Netherlands (4.9%) showed a very good performance trend. In the same year, the mean IF of EU papers was 0.8 in comparison with 1.1 for Australia and the USA and 0.9 for the world. In 1997, 1341 key words attributed by the authors and 696 attributed by ISI appeared in the ORL literature. Less than a tenth of them were cited more than twice. The leading key words were “cancer” for disease and “surgery” for treatment. CONCLUSIONS: Bibliometric findings are useful to follow research trends. Our data show high scientific production of relatively small countries. Dispersion of key words should be avoided and journal editors should promote their standardization.

scholarly journals Brexit spillovers through international trade and foreign investment: Empirical evidence from EU-27 and the UK

2020 ◽  
pp. 8-8
Author(s):  
Graţiela Noja ◽  
Mirela Cristea ◽  
Atila Yüksel
Keyword(s):  
International Trade ◽  
Foreign Investment ◽  
Regional Integration ◽  
Structural Equation ◽  
Gdp Per Capita ◽  
Gdp Growth ◽  
Per Capita ◽  
The Uk ◽  
The Impact ◽  
The Eu

This study examines the Brexit spillovers upon the European Union Member States (MS) (EU-27) and the UK through two fundamental freedoms of regional integration: goods and services (international trade), and capital (foreign investment, FDI). We have applied cluster analysis and structural equation modelling on a strongly balanced panel of EU-27 and the UK. Both techniques explore two scenarios that focus on the performances achieved by the EU-MS in terms of GDP per capita and GDP growth, under the impact of trade and FDI, before and after the Brexit (1995-2019 and 2020-2025 periods). Our results show that the UK?s economy will be affected both related to GDP growth and GDP per capita levels, particularly on the short run. The EU-27 impact largely differs across countries and types of international activities, being decisively influenced through the FDI relations. Overall, the spillovers induced by international flows are positive, but significantly diminished after the Brexit.

Sign in / Sign up

Export Citation Format

Share Document