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GTAP Resource #6526

"International maritime shipping decarbonization under alternative technological scenarios: effects on agrifood markets"
by Clora, Francesco and Wusheng Yu

Technological advances, climate change impacts, openings of new sea trade routes and decarbonization efforts are shaping the maritime transport industry and will continue to do so in the coming decades. This, in turn, will have ripple effects on the global economy. One of the sectors that will be highly affected is the agrifood sector, the exports of which have significantly increased in the last two decades. This study investigates how decarbonization efforts in the maritime shipping industry, under alternative technological developments, can affect the agrifood sector. The paper does so by using a recursive dynamic CGE model, comparing three scenarios against a baseline towards 2040. The scenarios simulate a reduction in global maritime transport emissions through a carbon tax, additional structural changes within the sector (e.g. in energy efficiency and fuel mix), and improvements in logistics in bilateral trade routes. Results from this study will shed light on changing patterns of global agrifood trade and other national and international agrifood market outcomes.

Resource Details (Export Citation) GTAP Keywords
Category: 2022 Conference Paper
Status: Not published
By/In: Presented during the 25th Annual Conference on Global Economic Analysis (Virtual Conference)
Date: 2022
Created: Clora, F. (4/13/2022)
Updated: Clora, F. (4/13/2022)
Visits: 637
- Climate change policy
- Transportation

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