Item type |
アジ研テクニカルレポート / IDE Technical Report(1) |
公開日 |
2024-03-13 |
タイトル |
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タイトル |
New Trade Models, Same Old Emissions? |
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言語 |
en |
言語 |
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言語 |
eng |
キーワード |
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主題Scheme |
Other |
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主題 |
International Trade |
キーワード |
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主題Scheme |
Other |
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主題 |
Carbon Emissions |
キーワード |
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主題Scheme |
Other |
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主題 |
Firm Heterogeneity |
キーワード |
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主題Scheme |
Other |
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主題 |
Environmental problems |
キーワード |
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主題Scheme |
Other |
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主題 |
Econometric model |
キーワード |
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主題Scheme |
Other |
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主題 |
World |
資源タイプ |
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資源タイプ識別子 |
http://purl.org/coar/resource_type/c_18gh |
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資源タイプ |
technical report |
著者 |
Watabe,Yuta
Sogalla,Robin
Wanner,Joschka
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抄録 |
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内容記述タイプ |
Abstract |
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内容記述 |
This paper investigates the elusive role of productivity heterogeneity in new trade models in the trade and environment nexus. We contrast the Eaton-Kortum and the Melitz models with firm heterogeneity to the Armington and Krugman models without heterogeneity. We show that if firms have a constant emission share in terms of sales --- as they do in a wide range of trade and environment models --- the three models' emission predictions exactly coincide. Conversely, if firms have a constant emission intensity per quantity --- a prominent alternative in the literature --- the emission equivalence between the three models breaks. We provide a generalization that nests both constant emission shares in sales and constant quantity emission intensities as special cases. We calibrate the models to global production and trade data and use German firm-level data to estimate the key elasticity of how emission intensity changes with productivity. Our multi-industry quantification demonstrates that the role of firm heterogeneity depends both on the model and the estimated parameters. Moving from the Armington model to the EK model increases the emissions effect on trade, while moving from the Krugman model to the Melitz model decreases the emission effects on trade. |
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言語 |
en |
権利 |
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言語 |
en |
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権利情報 |
Copyrights 2024 by author(s) |
収録情報 |
en : IDE Discussion Paper
巻 926,
発行日 2024-03
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出版者 |
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出版者 |
Institute of Developing Economies (IDE-JETRO) |
著者版フラグ |
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出版タイプ |
VoR |
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出版タイプResource |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
JEL分類 |
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主題 |
JEL:F11 - Neoclassical Models of Trade |
JEL分類 |
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主題 |
JEL:F12 - Models of Trade with Imperfect Competition and Scale Economies • Fragmentation |
JEL分類 |
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主題 |
JEL:F18 - Trade and Environment |
地域/国名 |
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位置情報(自由記述) |
World |
フォーマット |
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内容記述タイプ |
Other |
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内容記述 |
application/pdf |
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言語 |
en |
DIG_NO |
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内容記述タイプ |
Other |
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内容記述 |
IDP000926_001 |