Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/73828
Authors: 
Aichele, Rahel
Felbermayr, Gabriel
Year of Publication: 
2011
Series/Report no.: 
Ifo Working Paper 103
Abstract: 
A country’s carbon footprint refers to the CO<sub>2</sub> emissions caused by domestic absorptionactivities. Trade in goods drives a wedge between the footprint and local emissions. Weprovide a panel database on carbon footprints and carbon net trade. Using a differencesin-differences IV estimation strategy, we evaluate the Kyoto Protocol’s effects on carbonfootprints and emissions. Instrumenting countries’ Kyoto commitment by their participationin the International Criminal Court, we show that Kyoto reduced domestic emissionsin committed countries by 7%, has not lowered footprints, but increased the share ofimported over domestic emissions by 17 percentage points. This indicates carbon leakage.
Subjects: 
Carbon content of trade
carbon footprint
carbon leakage
evaluation model
instrumental variables
JEL: 
F18
F53
Q54
Q58
Document Type: 
Working Paper

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