Technology spillovers embodied in international trade: Intertemporal, regional and sectoral effects in a global CGE framework

Ramiro Parrado () and Enrica De Cian ()

Energy Economics, 2014, vol. 41, issue C, 76-89

Abstract: This paper uses a dynamic Computable General Equilibrium (CGE) model to assess the intertemporal and spatial dimension of technology spillovers embodied in international trade. Three are the main contributions of the study. First, link capital- and energy-productivity to machinery and equipment (M&E) imports using an empirical estimated relationship. Second, analyze the implications of specific spillovers embodied in trade of M&E. Third, analyze the interaction of climate and trade policies when accounting for indirect effects induced by spillovers. We find that explicitly modeling trade spillovers reveals significant effects thanks to the transmission mechanisms underlying imports of M&E. We then assess the net contribution of modeling trade spillovers within three policy scenarios. The aggregated net effects of spillovers are rather small confirming findings from previous studies. However, international and intersectoral redistribution effects can be significant.

Keywords: Computable general equilibrium models; Climate change; Economic growth; Technological spillovers (search for similar items in EconPapers)
JEL-codes: C68 E27 O12 O33 Q54 Q56 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (40)

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Related works:
Working Paper: Technology spillovers embodied in international trade: Intertemporal, regional and sectoral effects in a global CGE framework (2013)
Working Paper: Technology Spillovers Embodied in International Trade: Intertemporal, Regional and Sectoral Effects in a Global CGE Framework (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:41:y:2014:i:c:p:76-89

DOI: 10.1016/j.eneco.2013.10.016

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