Trade in low-carbon technology products: macro and micro evidence for Italy

Valerio Della Corte (), Stefano Federico () and Giacomo Oddo
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Valerio Della Corte: Bank of Italy
Stefano Federico: Bank of Italy

No 882, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: The transition towards a carbon-neutral economy is poised to significantly impact on global trade flows. This paper presents new evidence on the evolution of these flows at both the global and European levels, with a particular emphasis on Italy. We combine a macro analysis of aggregate trends in the trade of low-carbon technology (LCT) products with a micro analysis of Italian firm-level data to examine the characteristics of Italian firms that actively export LCT products. The findings offer insights into how the shift to a carbon-neutral economy affects trade dynamics at a global level and into the role of Italian firms in this evolving landscape.

Keywords: international trade; green transition; low-carbon technology products; Italian economy (search for similar items in EconPapers)
JEL-codes: F14 F18 Q56 (search for similar items in EconPapers)
Date: 2024-10
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Persistent link: https://EconPapers.repec.org/RePEc:bdi:opques:qef_882_24

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