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Green energy shift and international trade

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  • Antimiani, Alessandro
  • Kutlina-Dimitrova, Zornitsa

Abstract

Green energy shift and international trade The aim of the current paper is to assess the impact the removal of fossil fuel subsidies will have on the environment and international trade. More specifically we explore two scenarios: (i) the shift from fossil fuel subsidies to the green energy sector and (ii) the use of these subsidies as a lump sum for building a green technology fund to foster the energy efficiency in terms of investment in new renewable energy technologies. We use a mixed model representing a merge of the GDynE (the energy version of the dynamic GDyn) with the new GTAP-Power. Our model relies on the GTAP-database 10 with a base year 2014. The model is a recursive dynamic type that allows the simulation of long-term policies, including an assessment related to different timing in implementing climate policies. Preliminary resutls show the importance of a green engery shift on international trade.

Suggested Citation

  • Antimiani, Alessandro & Kutlina-Dimitrova, Zornitsa, 2020. "Green energy shift and international trade," Conference papers 330209, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:330209
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    References listed on IDEAS

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    1. Jeffrey C Peters, 2016. "The GTAP-Power Data Base: Disaggregating the Electricity Sector in the GTAP Data Base," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 1(1), pages 209-250, June.
    2. Golub, Alla, 2013. "Analysis of Climate Policies with GDyn-E," Technical Papers 283431, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    3. Antimiani, Alessandro & Costantini, Valeria & Martini, Chiara & Salvatici, Luca & Tommasino, Maria Cristina, 2013. "Assessing alternative solutions to carbon leakage," Energy Economics, Elsevier, vol. 36(C), pages 299-311.
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