Trade Surplus

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Tianyu Qi - One of the best experts on this subject based on the ideXlab platform.

  • will economic restructuring in china reduce Trade embodied co2 emissions
    Energy Economics, 2014
    Co-Authors: Tianyu Qi, Niven Winchester, Valerie J Karplus, Xiliang Zhang
    Abstract:

    We calculate carbon dioxide (CO2) emissions embodied in China's net exports using a multi-regional input–output database. We find that the majority of China's export-embodied CO2 is associated with production of machinery and equipment rather than energy-intensive products, such as steel and aluminum. In 2007, the largest net recipients of embodied CO2 emissions from China include the EU (360millionmetrictons, mmt), the US (337mmt) and Japan (109mmt). Overall, annual CO2 emissions embodied in China's net exports totaled 1177mmt, equal to 22% of China's total CO2 emissions. We also develop a global general equilibrium model with a detailed treatment of energy and CO2 emissions. We use the model to analyze the impact of a sectoral shift in the Chinese economy away from industry and towards services, both without and with a decrease in China's Trade Surplus, and a tax on energy-intensive exports, which reflect policy objectives in China's Twelfth Five-Year Plan (2011–2015). We find that without a decrease in the Trade Surplus, both policies will have a limited impact on China's net exports of embodied CO2 emissions. The policies have an even smaller effect on global emissions, as reduced production in China is partially offset by increased production elsewhere.

Jesper Munksgaard - One of the best experts on this subject based on the ideXlab platform.

  • co2 multipliers in multi region input output models
    Economic Systems Research, 2004
    Co-Authors: Manfred Lenzen, Liselotte Pade, Jesper Munksgaard
    Abstract:

    In order to achieve equitable reduction targets, international Trade has to be taken into account when assessing nations' responsibility for abating climate change. Especially for open economies such as Denmark, greenhouse gases embodied in internationally Traded commodities can have a considerable influence on the national 'greenhouse gas responsibility'. We set up a five-region input-output model including Denmark, Germany, Sweden and Norway in order to calculate CO2 multipliers and Trade balances. We investigate multidirectional feedback between these countries, and hence the error inherent in a single-region input-output model. We also examine the effect of aggregation on the model results. In the case of Denmark, an 11 Mt CO2 Trade Surplus resulting from a single-region model turns into balance when multidirectional Trade is considered. Moreover, aggregated models are likely to result in significant errors. Therefore, both the type and the degree of aggregation used for modelling CO2 responsibilities...

  • co2 multipliers in multi region input output models
    Economic Systems Research, 2004
    Co-Authors: Manfred Lenzen, Liselotte Pade, Jesper Munksgaard
    Abstract:

    In order to achieve equitable reduction targets, international Trade has to be taken into account when assessing nations' responsibility for abating climate change. Especially for open economies such as Denmark, greenhouse gases embodied in internationally Traded commodities can have a considerable influence on the national 'greenhouse gas responsibility'. We set up a five-region input-output model including Denmark, Germany, Sweden and Norway in order to calculate CO2 multipliers and Trade balances. We investigate multidirectional feedback between these countries, and hence the error inherent in a single-region input-output model. We also examine the effect of aggregation on the model results. In the case of Denmark, an 11 Mt CO2 Trade Surplus resulting from a single-region model turns into balance when multidirectional Trade is considered. Moreover, aggregated models are likely to result in significant errors. Therefore, both the type and the degree of aggregation used for modelling CO2 responsibilities could have a major bearing in international negotiations.

Xiliang Zhang - One of the best experts on this subject based on the ideXlab platform.

  • will economic restructuring in china reduce Trade embodied co2 emissions
    Energy Economics, 2014
    Co-Authors: Tianyu Qi, Niven Winchester, Valerie J Karplus, Xiliang Zhang
    Abstract:

    We calculate carbon dioxide (CO2) emissions embodied in China's net exports using a multi-regional input–output database. We find that the majority of China's export-embodied CO2 is associated with production of machinery and equipment rather than energy-intensive products, such as steel and aluminum. In 2007, the largest net recipients of embodied CO2 emissions from China include the EU (360millionmetrictons, mmt), the US (337mmt) and Japan (109mmt). Overall, annual CO2 emissions embodied in China's net exports totaled 1177mmt, equal to 22% of China's total CO2 emissions. We also develop a global general equilibrium model with a detailed treatment of energy and CO2 emissions. We use the model to analyze the impact of a sectoral shift in the Chinese economy away from industry and towards services, both without and with a decrease in China's Trade Surplus, and a tax on energy-intensive exports, which reflect policy objectives in China's Twelfth Five-Year Plan (2011–2015). We find that without a decrease in the Trade Surplus, both policies will have a limited impact on China's net exports of embodied CO2 emissions. The policies have an even smaller effect on global emissions, as reduced production in China is partially offset by increased production elsewhere.

Manfred Lenzen - One of the best experts on this subject based on the ideXlab platform.

  • co2 multipliers in multi region input output models
    Economic Systems Research, 2004
    Co-Authors: Manfred Lenzen, Liselotte Pade, Jesper Munksgaard
    Abstract:

    In order to achieve equitable reduction targets, international Trade has to be taken into account when assessing nations' responsibility for abating climate change. Especially for open economies such as Denmark, greenhouse gases embodied in internationally Traded commodities can have a considerable influence on the national 'greenhouse gas responsibility'. We set up a five-region input-output model including Denmark, Germany, Sweden and Norway in order to calculate CO2 multipliers and Trade balances. We investigate multidirectional feedback between these countries, and hence the error inherent in a single-region input-output model. We also examine the effect of aggregation on the model results. In the case of Denmark, an 11 Mt CO2 Trade Surplus resulting from a single-region model turns into balance when multidirectional Trade is considered. Moreover, aggregated models are likely to result in significant errors. Therefore, both the type and the degree of aggregation used for modelling CO2 responsibilities...

  • co2 multipliers in multi region input output models
    Economic Systems Research, 2004
    Co-Authors: Manfred Lenzen, Liselotte Pade, Jesper Munksgaard
    Abstract:

    In order to achieve equitable reduction targets, international Trade has to be taken into account when assessing nations' responsibility for abating climate change. Especially for open economies such as Denmark, greenhouse gases embodied in internationally Traded commodities can have a considerable influence on the national 'greenhouse gas responsibility'. We set up a five-region input-output model including Denmark, Germany, Sweden and Norway in order to calculate CO2 multipliers and Trade balances. We investigate multidirectional feedback between these countries, and hence the error inherent in a single-region input-output model. We also examine the effect of aggregation on the model results. In the case of Denmark, an 11 Mt CO2 Trade Surplus resulting from a single-region model turns into balance when multidirectional Trade is considered. Moreover, aggregated models are likely to result in significant errors. Therefore, both the type and the degree of aggregation used for modelling CO2 responsibilities could have a major bearing in international negotiations.

Xin Zhou - One of the best experts on this subject based on the ideXlab platform.

  • how does Trade adjustment influence national inventory of open economies accounting for embodied carbon emissions based on multi region input output model
    Environmental Systems Research, 2009
    Co-Authors: Xin Zhou
    Abstract:

    Current national GHG accounting which does not consider emissions embodied in Trade may cause issues such as carbon leakage from Annex I to non-Annex I countries through Trade of carbon-intensive goods. Among other measures to address this issue, this paper presents an alternative approach by Trade adjustment to national CO2 accounting with application to ten economies (Indonesia, Malaysia, the Philippines, Singapore, Thailand, China, Taiwan, the Republic of Korea, Japan and USA) in the year 2000, based on two responsibility allocation schemes: i) consumer responsibility and ii) shared producer and consumer responsibility. A multi-region input-output model and a single-region input-output model are applied to calculate embodied emissions, and the results are compared. Based on consumer responsibility, embodied CO2 accounted for 13% of total national responsible emissions of ten economies. Trade adjustments also indicate significant changes to current national inventories of ten economies, ranging from –525 Mt-CO2 in China to 543 Mt-CO2 in USA. In terms of Trade balance of embodied CO2, USA, Japan and Singapore have a deficit while other economies, in particular China, have a Trade Surplus.