Volodymyr Lugovskyy , Alexandre Skiba , David Terner
{"title":"海运环境监管的意外后果:空运的碳泄漏","authors":"Volodymyr Lugovskyy , Alexandre Skiba , David Terner","doi":"10.1016/j.jinteco.2025.104081","DOIUrl":null,"url":null,"abstract":"<div><div>We assess the expected impact of the upcoming International Maritime Organization’s CO<span><math><msub><mrow></mrow><mrow><mn>2</mn></mrow></msub></math></span> emissions cap on global maritime shipping. Using detailed data on U.S. imports—covering vessels, routes, emissions, and trade—we estimate a model that allows for substitution between maritime, air, and land transport. Our findings show that the cap will drive a shift to more carbon-intensive air and land transport, leading to an overall increase in transportation-related CO<span><math><msub><mrow></mrow><mrow><mn>2</mn></mrow></msub></math></span> emissions in both the short- and long-run. Additionally, it will cause significant welfare losses. Our findings support a case for more efficient alternative policy options.</div></div>","PeriodicalId":16276,"journal":{"name":"Journal of International Economics","volume":"155 ","pages":"Article 104081"},"PeriodicalIF":3.8000,"publicationDate":"2025-03-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Unintended consequences of environmental regulation of maritime shipping: Carbon leakage to air shipping\",\"authors\":\"Volodymyr Lugovskyy , Alexandre Skiba , David Terner\",\"doi\":\"10.1016/j.jinteco.2025.104081\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>We assess the expected impact of the upcoming International Maritime Organization’s CO<span><math><msub><mrow></mrow><mrow><mn>2</mn></mrow></msub></math></span> emissions cap on global maritime shipping. Using detailed data on U.S. imports—covering vessels, routes, emissions, and trade—we estimate a model that allows for substitution between maritime, air, and land transport. Our findings show that the cap will drive a shift to more carbon-intensive air and land transport, leading to an overall increase in transportation-related CO<span><math><msub><mrow></mrow><mrow><mn>2</mn></mrow></msub></math></span> emissions in both the short- and long-run. Additionally, it will cause significant welfare losses. Our findings support a case for more efficient alternative policy options.</div></div>\",\"PeriodicalId\":16276,\"journal\":{\"name\":\"Journal of International Economics\",\"volume\":\"155 \",\"pages\":\"Article 104081\"},\"PeriodicalIF\":3.8000,\"publicationDate\":\"2025-03-18\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of International Economics\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0022199625000376\",\"RegionNum\":1,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of International Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0022199625000376","RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
Unintended consequences of environmental regulation of maritime shipping: Carbon leakage to air shipping
We assess the expected impact of the upcoming International Maritime Organization’s CO emissions cap on global maritime shipping. Using detailed data on U.S. imports—covering vessels, routes, emissions, and trade—we estimate a model that allows for substitution between maritime, air, and land transport. Our findings show that the cap will drive a shift to more carbon-intensive air and land transport, leading to an overall increase in transportation-related CO emissions in both the short- and long-run. Additionally, it will cause significant welfare losses. Our findings support a case for more efficient alternative policy options.
期刊介绍:
The Journal of International Economics is intended to serve as the primary outlet for theoretical and empirical research in all areas of international economics. These include, but are not limited to the following: trade patterns, commercial policy; international institutions; exchange rates; open economy macroeconomics; international finance; international factor mobility. The Journal especially encourages the submission of articles which are empirical in nature, or deal with issues of open economy macroeconomics and international finance. Theoretical work submitted to the Journal should be original in its motivation or modelling structure. Empirical analysis should be based on a theoretical framework, and should be capable of replication.