Tian, K., Zhang, Y., Li, Y. et al. Regional trade agreement burdens global carbon emissions mitigation. Nat Commun

Objective:

• Estimate the carbon emission effects after evaluating the economic effects of RCEP tariff reductions

Case:

• Ten countries (RCEP)

Methodology:

• Leontief
• Regression
• Simulation

Data Source

• OECD: Input-output table
• UN: trade flow
• Tariff commitment
• CO2: IEA

Findings:

• Tariff elimination will gradually unleash the agreement’s trade-creation effect and substantially strengthen the trade linkages between these countries before the RCEP

• All members benefit from the RCEP tariff reductions, with most small countries gaining more than large ones

Coding Reference:

• Upon request