IDEAS home Printed from https://ideas.repec.org/p/unu/wpaper/wp-2016-20.html
   My bibliography  Save this paper

Border adjustment mechanisms: Elements for economic, legal, and political analysis

Author

Listed:
  • Julien Bueb
  • Lilian Richieri Hanania
  • Alice Le Clézio

Abstract

This paper examines, from a multidisciplinary perspective, plausible hypotheses for implementation of border carbon adjustment mechanisms, seen as a complement to strong environmental regulation. It highlights economic, legal, and political difficulties raised by border carbon adjustments. After thoroughly reviewing their economic practicability, it analyses these mechanisms from an International Trade Law perspective, particularly vis-à-vis the General Agreement on Tariffs and Trade, sustainable development, and the principle of shared but differentiated responsibilities.

Suggested Citation

  • Julien Bueb & Lilian Richieri Hanania & Alice Le Clézio, 2016. "Border adjustment mechanisms: Elements for economic, legal, and political analysis," WIDER Working Paper Series wp-2016-20, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2016-20
    as

    Download full text from publisher

    File URL: https://www.wider.unu.edu/sites/default/files/wp2016-20.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. ZhongXiang Zhang, 2012. "Climate Change Meets Trade in Promoting Green Growth: Potential Conflicts and Synergies," Chapters, in: Chin Hee Hahn & Sang-Hyop Lee & Kyoung-Soo Yoon (ed.), Responding to Climate Change, chapter 6, Edward Elgar Publishing.
    2. repec:dau:papers:123456789/7348 is not listed on IDEAS
    3. Damien Demailly & Philippe Quirion, 2008. "Concilier compétitivité industrielle et politique climatique. Faut-il distribuer les quotas de CO2 en fonction de la production ou bien les ajuster aux frontières ?," Revue économique, Presses de Sciences-Po, vol. 59(3), pages 497-504.
    4. James R. MARKUSEN, 2021. "International Externalities And Optimal Tax Structures," World Scientific Book Chapters, in: BROADENING TRADE THEORY Incorporating Market Realities into Traditional Models, chapter 16, pages 341-355, World Scientific Publishing Co. Pte. Ltd..
    5. Weber, Christopher L. & Peters, Glen P., 2009. "Climate change policy and international trade: Policy considerations in the US," Energy Policy, Elsevier, vol. 37(2), pages 432-440, February.
    6. Monjon, Stéphanie & Quirion, Philippe, 2010. "How to design a border adjustment for the European Union Emissions Trading System?," Energy Policy, Elsevier, vol. 38(9), pages 5199-5207, September.
    7. Odile Blanchard & Patrick Criqui & Alban Kitous & Silvana Mima, 2006. "The impact of climate policies on energy markets and the price of carbon," Revue d'Économie Financière, Programme National Persée, vol. 83(2), pages 89-110.
    8. Trevor Houser & Rob Bradley & Britt Childs, 2008. "Leveling the Carbon Playing Field: International Competition and US Climate Policy Design," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 4204, January.
    9. Jeffrey J. Schott & Meera Fickling, 2010. "Revisiting the NAFTA Agenda on Climate Change," Policy Briefs PB10-19, Peterson Institute for International Economics.
    10. Steve Rayner, 2010. "How to eat an elephant: a bottom-up approach to climate policy," Climate Policy, Taylor & Francis Journals, vol. 10(6), pages 615-621, November.
    11. Stiglitz Joseph, 2006. "A New Agenda for Global Warming," The Economists' Voice, De Gruyter, vol. 3(7), pages 1-4, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhang, Zengkai & Zhu, Kunfu, 2017. "Border carbon adjustments for exports of the United States and the European Union: Taking border-crossing frequency into account," Applied Energy, Elsevier, vol. 201(C), pages 188-199.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:spo:wpmain:info:hdl:2441/1gt6nhe6vs8pbb86oi81bt6838 is not listed on IDEAS
    2. repec:hal:spmain:info:hdl:2441/1gt6nhe6vs8pbb86oi81bt6838 is not listed on IDEAS
    3. Julien Bueb & Lilian Hanania & Alice Le Clézio, 2016. "Border adjustment mechanisms Elements for economic, legal, and political analysis," WIDER Working Paper Series 020, World Institute for Development Economic Research (UNU-WIDER).
    4. Julien Bueb & Lilian Richieri Hanania & Alice Leclezio, 2016. "Border adjustment mechanisms," Working Papers hal-03469958, HAL.
    5. Julien Bueb & Lilian Richieri Hanania & Alice Leclezio, 2016. "Border adjustment mechanisms," SciencePo Working papers Main hal-03469958, HAL.
    6. Julien Bueb & Lilian Richieri Hanania & Alice Leclezio, 2017. "Border Adjustment Mechanisms," Post-Print hal-03394091, HAL.
    7. repec:spo:wpmain:info:hdl:2441/3fenpfdsd19soqn2m1kt5noml0 is not listed on IDEAS
    8. repec:hal:spmain:info:hdl:2441/3fenpfdsd19soqn2m1kt5noml0 is not listed on IDEAS
    9. Ling Tang & Qin Bao & ZhongXiang Zhang & Shouyang Wang, 2015. "Carbon-based border tax adjustments and China’s international trade: analysis based on a dynamic computable general equilibrium model," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 17(2), pages 329-360, April.
    10. Madison Condon & Ada Ignaciuk, 2013. "Border Carbon Adjustment and International Trade: A Literature Review," OECD Trade and Environment Working Papers 2013/6, OECD Publishing.
    11. Keen, Michael & Kotsogiannis, Christos, 2014. "Coordinating climate and trade policies: Pareto efficiency and the role of border tax adjustments," Journal of International Economics, Elsevier, vol. 94(1), pages 119-128.
    12. Bao, Qin & Tang, Ling & Zhang, ZhongXiang & Wang, Shouyang, 2013. "Impacts of border carbon adjustments on China's sectoral emissions: Simulations with a dynamic computable general equilibrium model," China Economic Review, Elsevier, vol. 24(C), pages 77-94.
    13. Lin, Boqiang & Li, Aijun, 2011. "Impacts of carbon motivated border tax adjustments on competitiveness across regions in China," Energy, Elsevier, vol. 36(8), pages 5111-5118.
    14. Ian Sheldon & Steve McCorriston, 2012. "Climate policy and border tax adjustments: Might industrial organization matter?," EconoQuantum, Revista de Economia y Finanzas, Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas, Departamento de Metodos Cuantitativos y Maestria en Economia., vol. 9(2), pages 7-28, Julio-Dic.
    15. Julien Bueb & Lilian Richieri Hanania & Alice Leclezio, 2017. "Border Adjustment Mechanisms," SciencePo Working papers Main hal-03394091, HAL.
    16. Sakai, Marco & Barrett, John, 2016. "Border carbon adjustments: Addressing emissions embodied in trade," Energy Policy, Elsevier, vol. 92(C), pages 102-110.
    17. Michael Jakob & Robert Marschinski & Michael Hübler, 2013. "Between a Rock and a Hard Place: A Trade-Theory Analysis of Leakage Under Production- and Consumption-Based Policies," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(1), pages 47-72, September.
    18. Fischer, Carolyn & Fox, Alan K., 2009. "Comparing Policies to Combat Emissions Leakage: Border Tax Adjustments versus Rebates," RFF Working Paper Series dp-09-02, Resources for the Future.
    19. Bao, Qin & Tang, Ling & Zhang, ZhingXiang & Qiao, Han & Wang, Shouyang, 2012. "Impact of Border Carbon Adjustments on China’s Sectoral Emissions: Simulations with a Dynamic Computable General Equilibirum Model," Working Papers 249391, Australian National University, Centre for Climate Economics & Policy.
    20. van Asselt, Harro & Brewer, Thomas, 2010. "Addressing competitiveness and leakage concerns in climate policy: An analysis of border adjustment measures in the US and the EU," Energy Policy, Elsevier, vol. 38(1), pages 42-51, January.
    21. Eyland, Terry & Zaccour, Georges, 2014. "Carbon tariffs and cooperative outcomes," Energy Policy, Elsevier, vol. 65(C), pages 718-728.
    22. Al Khourdajie, Alaa & Finus, Michael, 2020. "Measures to enhance the effectiveness of international climate agreements: The case of border carbon adjustments," European Economic Review, Elsevier, vol. 124(C).
    23. repec:old:wpaper:340 is not listed on IDEAS
    24. Monjon, Stéphanie & Quirion, Philippe, 2010. "How to design a border adjustment for the European Union Emissions Trading System?," Energy Policy, Elsevier, vol. 38(9), pages 5199-5207, September.
    25. Carlo Secchi & Antonio Villafranca (ed.), 2011. "Global Governance and the Role of the EU," Books, Edward Elgar Publishing, number 14411.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unu:wpaper:wp-2016-20. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Siméon Rapin (email available below). General contact details of provider: https://edirc.repec.org/data/widerfi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.