Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/121211
Authors: 
Bednar-Friedl, Birgit
Jaramillo, Pablo Muñoz
Schinko, Thomas
Steininger, Karl
Year of Publication: 
2010
Series/Report no.: 
FIW Research Reports 2009/10-05
Abstract: 
In this study CO2 emissions embodied in Austrian international trade are quantified employing a 66-region input output model of multidirectional trade. We find that Austria's final demand CO2 responsibilities on a global scale are 38% higher than conventional statistics report (110 Mt-CO2 versus 79 Mt-CO2 in 2004). For each unit of Austrian final demand, currently two thirds of the thus triggered CO2 emissions occur outside Austrian borders. We then develop a 19-region computable general equilibrium model of Austria and its major trading partners and world regions to find that future Austrian climate policy can achieve the EU 20-20 emission reduction targets, but that its carbon trade balance would worsen considerably. Both unilateral EU and internationally coordinated climate policies affect Austrian international trade stronger than its domestic production.
Subjects: 
Multi-regional Input-Output Analysis
Multi-regional Computable General Equilibrium
Embodied emissions
Consumption-based principle
Carbon Leakage
Carbon dioxide
Unilateral Climate Policy
JEL: 
C67
D58
F14
Q56
Document Type: 
Research Report

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