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Measuring the Impacts of International Trade on Carbon Emissions Intensity: A Global Value Chain Perspective

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  • Jing-Li Fan
  • Xian Zhang
  • Jian-Da Wang
  • Qian Wang

Abstract

Global international trade has had a tremendous impact on global economic development and carbon dioxide (CO2) emissions. By making the link between embodied CO2 emissions and the global value chain in the context of global multiregional input–output models, this study constructs a macro carbon trade intensity index to measure the carbon efficiency of international trade. Empirical results on 14 major economies from 1995 to 2009 are presented as follows: (1) The characteristics of the carbon trade vary between developing economies (or transition economies) and developed economies. On average, developing and transition economies have an export carbon intensity (ECI) 3.5 times that of their import carbon intensity (ICI), whereas the latter have an ICI 2.0 times that of their ECI; (2) The three carbon intensity indices in almost all economies decreased compared with 1995; however, the degree of reduction vary from 2% to 52%; (3) China’s ECIs showed little change compared with those of India. Russia’s ECIs were higher than those of China and India. In addition, countries with higher intensity are generally developing and transition economies.

Suggested Citation

  • Jing-Li Fan & Xian Zhang & Jian-Da Wang & Qian Wang, 2021. "Measuring the Impacts of International Trade on Carbon Emissions Intensity: A Global Value Chain Perspective," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 57(4), pages 972-988, March.
    • Handle: RePEc:mes:emfitr:v:57:y:2021:i:4:p:972-988
    DOI: 10.1080/1540496X.2019.1662783
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    Cited by:

    1. Aihua Wang & Qiqi Ruan & Teng Zhou & Yanzhen Wang, 2022. "Digitizable Product Trade Development and Carbon Emission: Evidence from 94 Countries," Sustainability, MDPI, vol. 14(22), pages 1-15, November.
    2. Bo Yu & Zhijia Chang, 2024. "Connectedness of Carbon Price and Energy Price under Shocks: A Study Based on Positive and Negative Price Volatility," Sustainability, MDPI, vol. 16(12), pages 1-26, June.
    3. Abdul Rehman & Mohammad Mahtab Alam & Magdalena Radulescu & Rafael Alvarado & Daniela Mihai & Madalina Brutu, 2022. "A Novel Investigation to Explore the Impact of Renewable Energy, Urbanization, and Trade on Carbon Emission in Bhutan," Energies, MDPI, vol. 15(9), pages 1-17, April.

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