Arbeitspapier

Does the EU ETS cause carbon leakage in European manufacturing?

Carbon leakage is an issue of major interest in both academic and policy debates about the effectiveness of unilateral climate policy addressing global externalities. The debate is particularly salient in Europe, where the EU Emissions TradingSystem (EU ETS) covers emissions of many traded sectors. In a first step, we review how carbon leakage and the pollution haven effect are defined and identified in the literature. In a second step, we evaluate whether the emission cost introduced by the EU ETS has caused carbon leakage in European manufacturing. We compute trade flows in embodied carbon and value, using GTAP trade and input-output data and administrative data from the EU ETS. We evaluate theeffect of four measures of environmental stringency on both net trade flows and bilateral trade flows. We do not find evidence that the EU ETS has caused carbon leakage.

Sprache
Englisch

Erschienen in
Series: DIW Discussion Papers ; No. 1689

Klassifikation
Wirtschaft
Trade and Environment
Environmental Economics: Government Policy
Climate; Natural Disasters and Their Management; Global Warming
Thema
carbon leakage
pollution haven
EU ETS
cap-and-trade
CO2 emissions
policy evaluation

Ereignis
Geistige Schöpfung
(wer)
Naegele, Helene
Zaklan, Aleksandar
Ereignis
Veröffentlichung
(wer)
Deutsches Institut für Wirtschaftsforschung (DIW)
(wo)
Berlin
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Naegele, Helene
  • Zaklan, Aleksandar
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Entstanden

  • 2017

Ähnliche Objekte (12)