change in co2 emission and its transmissions between korea and japan using international input output analysis abstract this paper is intended to analyze co 2 transmission between japan and south korea through international trade based on 1990 and 1995 international input output data it applied a residual free structural decomposition method proposed by chung and rhee chung h s rhee h c 2001 a residual free decomposition of the sources of carbon dioxide emissions a case of the korean industries energy 26 1 15 30 to emission related international input output analysis for the first time in the decomposition studies this paper is a case study regarding the manner and the extent to which co 2 emissions are influenced by international trade between japan an annex i country and south korea a non annex i country which is of particular interest for the carbon leakage issue in this paper we attempted to show which factors contributed to the changes in emission of the major greenhouse gas in south korea and japan the changes in emission are analyzed in terms of emission intensity input techniques demand composition and trade structures according to our analysis south korea a non annex i country has more energy intensive production structures than japan an annex i country south korea s trade pattern with japan reflects these production features resulting in the korea s comparative advantage in emission intensive products though the degree has somewhat mitigated in 1995 compared to 1990

climate change taxes and energy efficiency in japan in 2003 japan proposed a climate change tax to reduce its co2 emissions to the level required by the kyoto protocol if implemented the tax would be levied on fossil fuel use and the revenue distributed to encourage the purchase of energy efficient equipment analysis using the mit emissions prediction and policy analysis eppa model shows that this policy is unlikely to bring japan into compliance with its kyoto target unless the subsidy encourages improvement in energy intensity well beyond japan s recent historical experience similar demand management programs in the us where there has been extensive experience have not been nearly as effective as they would need to be to achieve energy efficiency goals of the proposal the tax proposal also calls for limits on international emission trading we find that this limit substantially affects costs of compliance the welfare loss with full emissions trading is 1 6 that when japan meets its target though domestic actions only the carbon price is lower and there is a smaller loss of energy intensive exports japan can achieve substantial savings from emissions trading even under cases where for example the full amount of the russian allowance is not available in international markets

examining the global environmental impact of regional consumption activities part 2 review of input output models for the assessment of environmental impacts embodied in trade this paper offers a detailed review of recently described single and multi region input output models used to assess environmental impacts of internationally traded goods and services it is the second part of a two part contribution in part 1 turner k lenzen m wiedmann t and barrett j in press examining the global environmental impact of regional consumption activities part 1 a technical note on combining input output and ecological footprint analysis ecological economics we describe how to enumerate the resource and pollution content of inter regional and inter national trade flows with the aim to illustrate an ideal accounting and modelling framework for the estimation of ecological footprints a large number of such environment economic models have been described but only in the last few years models have emerged that use a more sophisticated multi region multi sector input output framework this has been made possible through improvements in data availability and quality as well as computability we identify six major models that employ multi sector multi region input output analysis in order to calculate environmental impacts embodied in international trade results from the reviewed studies demonstrate that it is important to explicitly consider the production recipe land and energy use as well as emissions in a multi region multi sector and multi directional trade model with global coverage and detailed sector disaggregation only then reliable figures for indicators of impacts embodied in trade such as the ecological footprint can be derived

an analysis of the driving forces of co2 emissions embodied in japan china trade abstract by using the latest china japan input output data sets and the index decomposition analysis ida approach this article analyzes the driving forces of co2 emissions embodied in trade between the two countries during 1990 2000 we found that the growth of trade volume had a large influence on the increase of co2 emissions embodiments in bilateral trade the dramatic decline in carbon intensity of the chinese economy is a primary cause in offsetting co2 emissions exported from china to japan over 1995 2000 we argue that a better understanding of the factors affecting co2 emissions embodied in international trade will assist in seeking more effective climate policies with wider participation in the post kyoto regime

determinants of emissions growth in oecd countries abstract this paper analyses the sources of growth in energy related greenhouse gas emissions for oecd countries over the period 1982 1997 it employs a decomposition formula that separates out the effects of changes in population economic growth energy intensity of output in aggregate and by sector primary energy use in final energy consumption the share of fossil fuels and the carbon intensity of fossil fuel combustion it is shown that in general growth in emissions depends on how effectively energy use can be changed to offset the effects of economic growth across the oecd as a whole growth in emissions has been mainly due to economic growth both gdp per capita and population growth as well as an increase in primary energy required for final energy consumption offset by falling energy intensities and a declining share of fossil fuels overall the large fall in the energy intensity of oecd economies over 1982 1997 has been driven primarily by falling energy intensities in the services and industry sectors of the usa and the services sector of the european union but these have been offset somewhat by rising energy intensity of services in japan the influence of falling energy intensities and the declining share of fossil fuels weakened in the five year period 1992 1997 resulting in faster emissions growth there were sharp difference between countries with population growth and worsening fuel mix playing a much stronger role in the usa compared to the eu and japan but with the us making much larger reductions in energy use per unit of gdp the analysis suggests that opportunities to reduce emissions are more limited in germany the uk and japan with more opportunities in the usa canada the netherlands and australia

from production based to consumption based national emission inventories abstract under the united national framework convention of climate change unfccc countries are required to submit national emission inventories nei to benchmark reductions in greenhouse gas ghg emissions depending on the definition and system boundary of the nei the mitigation options and priorities may vary the territorial system boundary used by the unfccc has been critiqued for not including international transportation and potentially causing carbon leakage to address these issues past literature has argued in favour of using consumption based nei in climate policy this article discusses several issues in moving from the standard production based nei to consumption based nei first two distinct accounting approaches for constructing consumption based nei are presented the approaches differ in the allocation of intermediate consumption of imported products second a consistent method of weighting production based and consumption based nei is discussed this is an extension of the previous literature on shared responsibility to nei third due to increased uncertainty and a wide system boundary it may be difficult to implement consumption based nei directly into climate policy several alternative options for incorporating consumption based inventories into climate policy are discussed

on market integration and the development of institutions the case of international commercial arbitration abstract this paper suggests that the institutional basis necessary to support efficient international trade is provided not only by treaties among national governments but also by international coalitions of private agents international commercial arbitration is an important example of these private coalitions the paper reviews the provisions and the practice of international arbitration and presents a general equilibrium model of the relationship between the expansion of international trade and the adoption of arbitration the model shows that arbitration alters the size and composition of markets while at the same time responding to exogenous changes in trade

a structural decomposition analysis of the emissions embodied in trade abstract the aim of this study is to quantify the driving forces behind the growth of carbon dioxide emissions embodied in trade eet the world input output database is used to estimate eet in 40 countries during 1995 2007 after which a structural decomposition analysis is applied to avoid biases in the results we have used the input output tables in previous year s prices and chained the outcomes in many developed countries the growth of emissions embodied in imports is much higher than the growth of emissions embodied in exports a key reason for this finding is the change in the structure of trade both in intermediate and in final products emerging economies like the bric countries have increased their share in production and trade at the expense of developed countries producers and consumers in developed countries have shifted towards importing a larger share of products from emerging countries this is the distinguishing feature that led to an increase of emissions embodied in imports for developed countries and an increase of emissions embodied in exports for emerging countries these results suggest policy makers to monitor eet more carefully and take the effects of trade on emissions into consideration

ghg emissions embodied in macao s internal energy consumption and external trade driving forces via decomposition analysis abstract as a member of the kyoto protocol macao faces the enormous challenge to tackle with energy conservation and greenhouse gas ghg emission reduction though many studies have been devoted to understanding macao s ghg emissions from energy consumption and external trade an investigation of the underlying driving forces is still absent therefore this study decomposed the energy related emissions change and imbalance in embodied emissions of external trade during 2000 2011 respectively by using the logarithmic mean divisia index lmdi method the economic scale effect and energy structure change were identified as the main driving factors of macao s increasing energy related emissions while trade structure and embodied emission intensity contributed to make macao a net importer of embodied emissions however some variations can be seen during the period concerned then the underlying reasons for the two decomposition results were further investigated on account of the results and analysis instructive policy implications can be put forward for macao to better proceed with energy conservation and emissions reduction

input output analysis of carbon emissions embodied in china japan trade abstractenergy related co2 emissions embodied in international trade have been widely studied by researchers all over the world by using the bilateral trade input output btio approach this study investigates the co2 emissions embodied in china japan trade during 1995 2009 and attempts to identify the driving forces for the change in co2 emissions embodied in china s exports to japan during that period by using structural decomposition analysis sda result shows that co2 emissions embodied in china s exports increased by about 100 from 1995 to 2009 whereas those embodied in china s imports increased by about 500 during the same period result of this research also reveals that the scale effect had a large influence on the increase in co2 emissions embodied in china japan trade the technical effect greatly decreased co2 emissions embodied in china s exports to japan but obviously increased those embodied in imports the influence of the structural effect was relatively small and insignificant in

will economic restructuring in china reduce trade embodied co2 emissions we acknowledge the support of the national social science foundation of china project no project no 09 zd029 and the institute for energy environment and economy at tsinghua university which is supporting tianyu qi s doctoral research as a visiting scholar at the massachusetts institute of technology we further acknowledge the support of eni s p a icf international and shell international ltd initial sponsors of the china energy and climate project in the mit joint program on the science and policy of global change at mit none of the sponsoring organizations played a role in the study design collection analysis or interpretation of the data used for this study nor did they influence our decisions to submit the article for publication and all errors are our own we also acknowledge general industrial and government sponsors of the joint program on the science and policy of global change http globalchange mit edu sponsors all

china s provincial co2 emissions embodied in international and interprovincial trade trades create a mechanism of embodied co2 emissions transfer among regions causing distortion on the total emissions as the world s second largest economy china has a large scale of trade which results in the serious problem of embodied co2 emissions transfer this paper analyzes the characteristics of china s co2 emissions embodied in international and interprovincial trade from the provincial perspective the multi regional input output model is used to clarify provincial co2 emissions from geographical and sectoral dimensions including 30 provinces and 28 sectors two calculating principles production accounting principle and consumption accounting principle munksgaard and pedersen 2001 are applied the results show that for international trade the eastern area accounts for a large proportion in china s embodied co2 emissions the sectors as net exporters and importers of embodied co2 emissions belong to labor intensive and energy intensive industries respectively for interprovincial trade the net transfer of embodied co2 emissions is from the eastern area to the central area and energy intensive industries are the main contributors with the largest amount of direct co2 emissions the eastern area plays an important role in co2 emissions reduction the central and western areas need supportive policies to avoid the transfer of industries with high emissions

comparing structural decomposition analysis and index to analyze and understand historical changes in economic environmental employment or other socio economic indicators it is useful to assess the driving forces or determinants that underlie these changes two techniques for decomposing indicator changes at the sector level are structural decomposition analysis sda and index decomposition analysis ida for example sda and ida have been used to analyze changes in indicators such as energy use co2 emissions labor demand and value added the changes in these variables are decomposed into determinants such as technological demand and structural effects sda uses information from input output tables while ida uses aggregate data at the sector level the two methods have developed quite independently which has resulted in each method being characterized by specific unique techniques and approaches this paper has three aims first the similarities and differences between the two approaches are summarized second the possibility of transferring specific techniques and indices is explored finally a numerical example is used to illustrate differences between the two approaches

promises and pitfalls in environmentally extended input output analysis for china a survey of the literature abstract as the world s largest developing economy china plays a key role in global climate change and other environmental impacts of international concern environmentally extended input output analysis ee ioa is an important and insightful tool seeing widespread use in studying large scale environmental impacts in china calculating and analyzing greenhouse gas emissions carbon and water footprints pollution and embodied energy this paper surveys the published articles regarding ee ioa for china in peer reviewed journals and provides a comprehensive and quantitative overview of the body of literature examining the research impact environmental issues addressed and data utilized the paper further includes a discussion of the shortcomings in official chinese data and of the potential means to move beyond its inherent limitations

the lmdi approach to decomposition analysis a practical guide in a recent study ang energy policy 32 2004 compared various index decomposition analysis methods and concluded that the logarithmic mean divisia index method is the preferred method since the literature on the method tends to be either too technical or specific for most potential users this paper provides a practical guide that includes the general formulation process summary tables for easy reference and examples

explaining ijv survival in a transitional economy through social exchange and knowledge based perspectives in this study we combine social exchange and knowledge based perspectives to develop a general path model of ijv survival we further refine our expectations by considering the transitional economic context of our study and the somewhat unique managerial values resulting from the legacy of marxist ideology results from structural equation modeling suggest that an imbalance in the management control structure between the parents leads to parental conflict and an increased likelihood of ijv failure an imbalance in the ownership control structure however had no influence on conflict or survival in general support from the foreign parent is positively related to ijv learning and ijv survival however higher levels of technical support provided by the foreign parent to the ijv reduced the level of parental conflict whereas management support had no effect on conflict our results suggest some dilemmas for firms pursuing ijvs in transitional economies although the foreign parent often contributes critical resources to the ijv providing it with bargaining power and a high level of influence an imbalance in management control between the partners may ultimately be detrimental to ijv survival copyright 2000 john wiley sons ltd

contractual incompleteness and the optimality of equity joint ventures firms engaged in the pooling of complementary skills often choose the equity joint venture ejv over alternative profit sharing arrangements this paper addresses the issue of how equity shares are different from profit shares it is shown that in settings of contractual incompleteness marketable equity ownership when compared to non transferable profit sharing contracts provides better ex ante incentives to the parties involved by mitigating ex post hold up problems among other things the prevalence of the 51 49 or 50 50 ejv in which one party has 51 percent or 50 percent equity shares is explained

trade off analysis between embodied energy exports and employment creation in china moving towards sustainable consumption in china must factor in the drivers of production china s domestic energy demand is affected not only by domestic demand but also by foreign trade the accounting of energy embodied in china s international trade has attracted much attention in recent years in fact embodied energy imports exports are a part of the normal pattern of economic phenomena occurring through international trade with exports of embodied energy contributing significantly to china s economic development this research suggest that china s net embodied energy exports remained relatively stable before 2002 and then increased dramatically from 73 mtoe in 2002 to 502 mtoe by 2007 with an average annual growth rate of 47 2 over that period the total employment creation reliant on these exports is 191 3 million people including direct employment of 44 1 million people and indirect employment of 147 2 million people in 2007 and the total employment creation increased quickly between 2002 and 2007 with an average annual growth rate of 9 1 the share of employment created by exports in china s total employment increased from 16 5 in 1997 to 18 6 in 2002 and a more dramatic increase can be observed in 2007 of 28 1 the exports oriented sectors in china are energy intensive from the perspective of embodied energy consumption and the energy intensive exports are located in nearly the same sectors as the labor intensive exports china will find it difficult to sustain the trade off in costs due to unemployment if it wishes to reduce embodied energy exports china needs to exercise patience and long term reform to change the current development model because of its large economy and population base

changes of co2 emissions embodied in china japan trade drivers and implications co2 emission embodied in trade is an important aspect to respond international carbon mitigation half of china s emission increase was due to production of exports in order to analyze the reason of such a rapid emission increase embodied co2 emission flows between china and japan for the period of 2000 2009 were estimated in this study by using emission embodied in bilateral trade eebt approach in order to raise policy implications for both countries from trade perspective decomposition analysis was further conducted in order to identify driving forces underlying changes during the study period moreover the concept of dependence on traded co2 was proposed for analyzing mutual dependence of china and japan s carbon emission and economy the results show that china was a net exporter of embodied co2 emissions between china and japan trade but both china s exported emissions and net emission transfer to japan began to decrease after 2007 more emissions were embodied in more advanced and less carbon intensive products especially for china s exports driving force analysis shows that trade volume was the main driver for the increase of embodied emissions and technology effect contributed mainly to the decrease the absolute value of technology effect was even larger than activity effect in some years this study also reveals that japan was relatively more dependent on china s co2 emissions and showed an increasing trend over the last decade while china s economic development was more dependent on imports from japan and such a situation reversed after 2006 this study suggests that china should further reduce its emission intensity for narrowing the gap of embodied emissions between the bilateral trade flows and japanese energy saving technologies should be transferred to china

what drives intersectoral co2 emissions in china abstract aiming to identify the intersectoral linkage of larger co2 emissions sectors this paper studies the co2 emissions elasticity of technical and final demand coefficients using the input output technique the results show that the greatest emission coefficient elasticities are those related to transactions between construction and manufacture of non metallic mineral products between gross fixed capital formation and construction and between agriculture and processing and manufacture of food and production and supply of electric power and heat power and mining and washing of coal all these transactions between these sectors imply that co2 emissions control policy only for a specific sector maybe have no obvious co2 emissions mitigations if national government promote the growth of those sectors which have the biggest emission coefficient sensitivity with it now chinese government formulates the policy to promote new type urbanization urbanization will cause the gross fixed capital formation in construction and the more demands for the products of manufacture of non metallic mineral products production smelting and pressing of ferrous metals and supply of electric power and heat power so how to balance the carbon emissions in larger emissions sectors and rapid urbanization is a big challenge for decision makers

the impact of china s differential electricity pricing policy on power sector co2 emissions abstract this article investigates the impact of china s differential electricity pricing policy on power sector co 2 emissions using the logarithmic mean divisia index method the differential pricing policy intended to reduce energy intensity in manufacturing is being implemented in eight electricity intensive industries the study finds that during 2004 2009 the policy accounted for a drop of roughly 115 twh in electricity use which amounted to a reduction of 82 million tons of co 2 emissions the policy has been most effective in reducing electricity use in the nonferrous metal smelting and rolling industry and least effective in the ferrous metal smelting and rolling industry because the differential pricing policy has had significantly different effects across industries improving the policy s design and implementation going forward will require a more detailed understanding and analysis of how it can be better tailored to individual industries

input output analysis of co2 emissions embodied in trade and the driving forces processing and normal exports in recent years energy related co2 emissions embodied in international trade and the driving forces have been widely studied by researchers using the environmental input output framework most previous studies however do not differentiate different input structures in manufacturing processing exports and normal exports using china as an example this paper exemplifies how implications of results obtained using different export assumptions differ the study posits that the utilization of traditional i o model results in an overestimation of emissions embodied in processing exports and an underestimation in normal exports the estimate of co2 emissions embodied in china s exports drops by 32 when the extended i o model is used the choice of export assumption has more impact on the decomposition results for processing exports the study further highlights that for a country with an export structure similar to china it is meaningful to look into the impact of export assumption in embodied emission studies

china s energy consumption under the global economic crisis decomposition and sectoral analysis abstract it is now widely recognized that there is a strong relationship between energy consumption and economic growth most countries energy demands declined during the economic depression of 2008 2009 when a worldwide economic crisis occurred as an export oriented economy china suffered a serious exports decline in the course of the crisis however it was found that energy consumption continued to increase against such a background this paper aims to assess and explain the factors causing the growth of energy consumption in china first we will explain the impact of domestic final use and international trade on energy consumption by using decomposition analysis second embodied energy and its variation across sectors are quantified to identify the key sectors contributing to the growth lastly the policy implications for long term energy conservation are discussed the results show that the decline in exports was one of the driving forces for energy consumption reduction in the crisis but that the growth of domestic demand in manufacturing and construction largely stimulated by economic stimulus plans had the opposite effect on energy consumption international trade contributed to decreasing energy consumption of china during and after the crisis because the structure of exports and imports changed in this period

determinants of net carbon emissions embodied in sino german trade abstract the existing research on carbon emissions embodied in trade has been concentrated between net importing countries and net exporting countries few study has been conducted to analyze carbon emissions embodied in trade between net exporting countries to fill the research gap this work systematically investigated the net carbon emissions embodied in trade between the largest net exporter of developing countries china and the largest net exporter of developed countries german based on the non competitive input output analysis and the structural decomposition analysis was used to study the driving factors effecting the change of net embodied carbon emissions in sino german trade the results show the net carbon emissions embodied in sino german trade increased significantly with the sharp increase of net trade volume after china s accession to the world trade organization carbon transfer through trade was mainly concentrated in the carbon intensive industrial sectors in sino german trade this phenomenon was attributed to the differences in the trade structure and the production efficiency between china and germany the decomposition analysis shows china s intermediate input structure effect and the country structure effect of germany s final demand were the leading contributors to growth in net carbon emission in sino german trade which mainly was offset by china s carbon intensity effect finally some policy implications are offered

measuring structural change and energy use decomposition of the us economy from 1997 to 2002 abstract the steadily increasing focus on energy production and consumption has led to growing research attention to patterns of energy use within economies of particular interest has been comparing the driving forces of increasing efficiency and economic structural change input output analysis ioa and decomposition analysis have become critical tools for performing such analyses this study analyzes aggregate energy use in the united states in 1997 and 2002 to discover the causes of changing energy usage and flows results show that rising population and household consumption acted to drive up energy demand but this driving force was offset by considerable structural change within the economy particularly related to a quickly increasing trade deficit in manufacturing goods thus while total energy intensity the ratio of energy use to economic output declined by approximately 12 between 1997 and 2002 changes in the structure of the economy explain this drop more than increased energy efficiency the level of aggregation at which decomposition analyses are run was identified as a crucially sensitive parameter for the determination of structural change and future studies should specifically address the amount of detail necessary to adequately measure changes in economic structure

revenue sharing and control rights in team production theories and evidence from joint ventures this paper presents a model of the joint venture that is grounded in the stylized facts we found from a sample of 200 joint venture contracts the model incorporates the revenue sharing contract into the incomplete contract frameworks of grossman hart moore property rights theory and the transaction cost theory of the firm and emphasizes the impact of expropriation joint control can be optimal as well as unilateral control our econometric analysis of the revenue sharing and control arrangements offers strong support to our property rights theory motivated model with self investment but rejects that with cooperative investment the transaction cost theory motivated model leaves some important empirical findings unexplained our findings also reject some of the existing theories of joint ownership

return to tourist destination is it reputation after all in this paper the hypothesis that repeated purchases in the tourism markets could be considered as a consequence of asymmetrical information problems is studied this hypothesis is analysed with the case study of the island of tenerife using the estimation of a count data model it was found that the length of the stay and the information obtained from previous visits and or relatives and friends might increase the return to a destination suggesting the presence of a reputation mechanism as proposed by shapiro 1983 the determinants of the willingness to return were also estimated confirming the main results

input output analysis of co2 emissions embodied in trade the effects of sector aggregation abstract energy related co2 emissions embodied in international trade have been widely studied by researchers using the environmental input output analysis framework it is well known that both sector aggregation and spatial aggregation affect the results obtained in such studies with regard to the latter past studies are often conducted at the national level irrespective of country or economy size for a large economy with the needed data studies may be conducted at different levels of spatial aggregation we examine this problem analytically by extending the work of su et al su b huang h c ang b w zhou p 2010 input output analysis of co2 emissions embodied in trade the effects of sector aggregation energy economics 32 1 166 175 on sector aggregation we present a numerical example using the data of china and by dividing the country into eight regions it is found that the results are highly dependent on spatial aggregation our study shows that for a large country like china it is meaningful to look into the effect of spatial aggregation

what goes up recent trends in china s energy consumption since 1996 china s energy output has dropped by 17 while primary energy use has fallen by 4 driven almost entirely by shrinking output from coal mines and declining direct use since china is the world s second largest emitter of greenhouse gases it is important to understand the sources of this apparent transformation and whether it portends a permanent change in patterns of energy use this remarkable reversal of the long term expansion of energy use has occurred even as the economy has continued to grow albeit more slowly than in the early 1990s generation of electric power has risen implying a steep fall in end uses particularly in industry available information points to a variety of forces contributing to this phenomenon including rapid improvements in coal quality structural changes in industry shutdowns of factories in both the state owned and non state segments of the economy improvements in end use efficiency and greater use of gas and electricity in households a combination of slowing economic growth industrial restructuring broader economic system reforms and environmental and energy efficiency policies has apparently led to at least a temporary decline in and perhaps a long term reduction in the growth of energy use and therefore greenhouse gas emissions

double sided moral hazard and the nature of share contracts contractual arrangements involving revenue profit sharing are often based on fairly simple often linear rules in addition in many contexts these contracts are not finely adjusted to the particular circumstances of individual agents or markets nor do they vary over time to the extent current theories based on optimal contracting suggest they should we develop a simple model of such revenue or profit sharing arrangements based on double sided moral hazard and show that this model can account for many of these stylized facts more specifically the model shows that linear contracts can be optimal and that benefits from customizing terms can in some cases be quite limited if not zero

can an emission trading scheme promote the withdrawal of outdated capacity in energy intensive sectors a case study on china s iron and steel industry abstract outdated capacity and substantial potential for energy conservation are the two main features of energy intensive sectors in developing countries such countries also seek to implement market based options to further control domestic carbon emissions as well as to promote the withdrawal of outdated capacity and upgrade production level this paper presents a quantitative assessment of the emission trading scheme ets for china s iron and steel industry the diverse array of normal and outdated capacities was modeled in a two country three good partial equilibrium model simulation results show that the abatement potential can be underestimated if the energy saving effects that result from emission abatement are not considered in the scenario analysis we demonstrated that the free allocation of allowances can cause a competitiveness distortion among domestic normal and outdated capacities given the government s intention to promote outdated capacity withdrawal and production level upgrading an output based allocation approach is strongly suggested for china s iron and steel sector

causes of the difficulties in internationalization we study the causes of the difficulties faced by firms when they internationalize in search of new markets we build on the resource based theory to argue that the difficulties in internationalization can be separated into three main sets based on their relationship to advantage loss of advantage provided by resources transferred abroad creation of a disadvantage by resources transferred abroad and lack of complementary resources required to operate abroad in each set we further distinguish difficulties that are specific to a firm from those that are common to a set of firms we argue that only a few of the resulting types of difficulties of internationalization are exclusive to the cross border expansion and propose solutions that address the root cause of each type

the impact of international trade on china s industrial carbon emissions since its entry into wto this paper employs the input output io approach to analyze the scale and structure of embodied carbon emissions of china s 19 industry sectors during 2001 2011 and constructs a regression model to establish the relationship between energy intensity per capita output trade openness foreign direct investment fdi trade comparative advantage environmental regulation technology and co2 emission intensity our results suggest that china s international embodied carbon emission balance has been in a state of continuous growth for the period 2001 2011 and china has become a pollution haven the relationship between per capita output and co2 emission is inverse n typed and china s industries are in the rising stage of the curve fdi and trade comparative advantage are two main elements boosting china s carbon emissions trade openness environmental regulation and technology will lower the growth rate of china s industrial carbon emissions ices consequently china s policies should center on adjusting the industry structure and scale of fdi inflows transforming industries with trade comparative advantages into a clean type facilitating environmental regulation level and bringing in and developing low carbon technology to avert china from being a pollution haven

sources of output change in china 1987 1997 application of a structural decomposition analysis since the beginning of the economic reforms implemented in the industrial sectors of china the economy has grown and changed rapidly the high gdp growth rates recorded since 1985 have stimulated unprecedented changes in the economic structure of this developing economy the major causes of the changes are the increase in consumption and investment production technological change and trade the objective was to analyse this type of structural change and to explore the sources of economic growth during the period 1987 1997 by using the method of structural decomposition analysis sda the chosen sda method based on the comparison between two input output tables allowed us to decompose each sector s and industry s output growth it enabled the relative impact of final demand and technological change of each industry on overall growthto be measured

an emergy and decomposition assessment of china japan trade driving forces and environmental imbalance abstract with the robust development of economic globalization international trade should be fairly conducted in order to strengthen the relations among different nations currently due to different resource endowments and trade policies different nations face different resources and environmental challenges previous studies suggested that even when trade seems balanced in monetary terms it may be unequal in terms of resources exchanges due to different purchasing power of national currencies as such imbalance also exist in terms of environmental quality of traded resources and related environmental costs and emissions such as embodied energy water land carbon ecosystem services under such circumstances it is necessary and urgent to identify environmental imbalance of international trade and seek appropriate tools so that more balanced and fairer trade among nations can be implemented this study investigates the quality of resource flows exchanged between china and japan during the period 2000 2012 emergy accounting a well established environmental accounting method is used in this study to quantify the environmental work past and present ecosystem services embodied in traded resources within a broader emergy based bio physical perspective a logarithmic mean divisia index lmdi decomposition approach is applied to identify the driving forces that affect the evolution of import export resources balance in the investigated period lmdi decomposes the driving forces into three factors a scale factor which depends on the total export volume b technology factor which depends on the emergy intensity of trade emergy of traded resources and c structural factor which depends on the trade structure mix of exchanged commodities results show that china was a net emergy exporter in the years 2000 and 2005 with figures of 7 46e 22 sej yr and 5 76e 21 sej yr respectively but was a net importer in the years 2008 and 2012 with imported emergy figures of 8 82e 22 sej yr and 2 43e 23 sej yr respectively scale and technology factors are the most significant drivers to promote china japan trade from an emergy point of view i e from the point of view of environmental quality assessment while the influence of structural factor was relatively marginal trade imbalance and lack of focus on environmental value of resources cannot be the basis for stable economic relations with partner countries which calls for compensation measures in money or resource terms this study by investigating the sustainability of china japan international trade also suggests a methodological approach to increase worldwide trade stability and fairness

temporal change of china s pollution terms of trade and its determinants abstract based on the world input output database wiod this study employed a revised pollution terms of trade ptt indicator to investigate the temporal change of china s environmental cost relative to its economic gains from international trade from 1995 to 2009 the results show that china has ptt larger than 1 indicating that china emits more emissions to obtain each unit of value added from exports than its trade partners over the period china s ptt first decreased from 1995 to 2001 and then increased from 2001 to 2009 the further decompositions show that improving technology is the leading driving force to decrease ptt while the change in global trade pattern is the leading force increasing ptt especially after 2001 we further decomposed the temporal change of china s ptt by income group of the trading partners the results show that the change in the global trade pattern is the crucial driving force behind the different changes of ptt by income group

carbon emissions embodied in value added chains in china abstract the literature on carbon leakage and embodied carbon in regional trade is extensive however many studies are primarily concerned with emissions embodied in demand supply chains and ignore the issue of carbon transfer behind the value added chains we promote a model to calculate value based emissions vbes and carbon emissions embodied in the value added chain using the multi regional input output model mrio taking china as an example vbes and carbon emissions embodied in value added chains at the sub national level based on mrio tables for 1997 and 2007 in china were analyzed transferred carbon emissions embodied in regional value added chains in china showed rapid growth between 1997 and 2007 however the absolute values of inter regional net transferred carbon emissions embodied in value added chains were small and showed a declining trend therefore the regional inequality between economic growth and carbon emissions pollution reduced between 1997 and 2007 although the amount of emissions embodied in regional value added chains increased as of the inter regional economic link in china gained close proximity

contracting institutions and ownership structure in international joint ventures abstract this paper examines the role of contracting institutions on a multinational firm s optimal ownership strategy we develop a model in which both a multinational firm and its local joint venture partner can ex post engage in costly rent seeking actions to increase their ex ante agreed upon revenue share we show that the host country s level of contract enforcement and level of judicial favoritism affect the parties incentives to contribute to the international joint venture the model allows us to identify testable hypotheses relating these institutional features with the performance and optimal ownership structure of international joint ventures

co2 emissions embodied in china us trade input output analysis based on the emergy dollar ratio to gain insight into changes in co2 emissions embodied in china us trade an input output analysis based on the emergy dollar ratio edr is used to estimate embodied co2 emissions a structural decomposition analysis sda is employed to analyze the driving factors for changes in co2 emissions embodied in china s exports to the us during 2002 2007 the results of the input output analysis show that net export of co2 emissions increased quickly from 2002 to 2005 but decreased from 2005 to 2007 these trends are due to a reduction in total co2 emission intensity a decrease in the exchange rate and small imports of embodied co2 emissions the results of the sda demonstrate that total export volume was the largest driving factor for the increase in embodied co2 emissions during 2002 2007 followed by intermediate input structure direct co2 emissions intensity had a negative effect on changes in embodied co2 emissions the results suggest that china should establish a framework for allocating emission responsibilities enhance energy efficiency and improve intermediate input structure

law trade and development abstract this paper uses a ricardian model to generate predictions about the influence of institutions on trade in differentiated complex and commoditized simple products and then uses a rich international trade data set for empirical tests the model draws the distinction between the role of international transaction costs and domestic production costs in the trade of complex and simple products the effects of institutions predicted by the model are identified with a three step estimation procedure we find that when countries have low quality institutions institutional reform primarily influences production costs and has little influence on the volume of trade institutional reform however increases the diversity of exports in complex goods markets conversely in countries with more developed institutions institutional reform primarily influences transaction costs and is associated with gains in the volume and the diversity of complex exports

split management control and international joint venture performance a framework is presented to characterize four different ways in which management control is partitioned between a multinational enterprise mne and local partners within international joint ventures jvs split control management shared management mne partner dominant management and local partner dominant management the framework was tested using a sample of international jvs in korea we found that jvs following the split control management performed better than any other approach no performance differences were found among the remaining three types of management control this suggests that mnes and local partners should split control that is choose the activities to control so that those chosen activities can be matched with their respective firm specific advantages

carbon emissions embodied in demand supply chains in china abstract using the multi regional input output model mrio the paper distinguishes the carbon emissions embodied in commodities for domestic final consumption cbes consumption based emissions and those for export ebes export based emissions and then calculates carbon emissions embodied in the demand supply chains for consumption and export based on technical coefficients matrix of the mrio for one country taking china as an example we provide a dynamic analysis of cbes ebes and carbon emissions embodied in consumption and export demand supply chains at the sub national level based on the mrio tables for 1997 and 2007 the results show that in china the transferred carbon emissions embodied in demand supply chains driven by consumption and export both showed rapid growth during 1997 2007 and the net transferred carbon emissions embodied in the demand supply chains showed an increasing trend as well less developed regions with abundant fossil fuels tend to net flow out carbon emissions

the role of co2 embodiment in us china trade abstract this study examines the influence of us china trade on national and global emissions of carbon dioxide co2 the three basic questions are as follows 1 what amount of co2 emissions is avoided in the us by importing chinese goods 2 how much are co2 emissions in china increased as a result of the production of goods for export to the us and 3 what are the impacts of us china trade on global co2 emissions our initial findings reveal that during 1997 2003 1 us co2 emissions would have increased from 3 to 6 if the goods imported from china had been produced in the us 2 about 7 14 of china s current co2 emissions were a result of producing exports for us consumers and 3 us china trade has increased global co2 emissions by an estimated 720 million metric tons we suggest that the export of us technologies and expertise related to clean production and energy efficiency to china could be a win win strategy for both countries for reducing their trade imbalance and mitigating global co2 emissions improved international accounting methodologies for assigning responsibility for co2 emissions must be designed to account for the dynamic nature of international trade

the embodied energy in trade what role does specialization play abstract many industrialized countries are net importers of embodied energy and emissions while many developing countries are net exporters we examine the role of specialization in driving these trade patterns by conducting a spatial index decomposition analysis on the embodied energy in net exports for 41 economies the results reveal that industrialized countries have generally offshored energy intensive production which many developing countries specialize in we find that specialization on average makes the biggest contribution accounting for roughly 50 of a country s embodied energy in net exports however other factors namely energy intensity and the trade balance combine to make an equally important contribution in summary specialization despite its significant role is not the only cause of the embodied energy trade patterns observed between industrialized and developing countries