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Growing international trade is likely to become a major obstacle in reducing carbon emissions. Research that estimates trade-related emissions and analyzes the sources will be important to overcoming this obstacle. With this in mind, the current paper investigates carbon emissions embodied in South Korea's trade during 2000–2014. Using multi-regional input-output analysis, we find large increases in emissions embodied in exports (production-based emissions) and imports (consumption-based emissions) which drove increases in Korean emissions. Over time, Korea's net carbon exports grew alongside its net value-added exports, implying a greater trade-off between the environmental costs and economic benefits of trade. However, emission intensities of exports and imports both fell which suggests improvements in emission efficiencies at home and abroad. Analysis of bilateral trade shows that growth in trade with China accounted for the largest share of increases in Korea's embodied emissions. Analysis at the sectoral level shows high levels of emissions relative to value added in basic materials and transportation services but low levels of emissions relative to value added in electronic and mechanical equipment and transportation equipment. Lastly, structural decomposition analysis indicates that improvements in emission intensities limited growth in emissions, while rising levels of final demand expanded growth in emissions. As the first extensive study to analyze the drivers of changes in Korea's carbon emissions embodied in multilateral exports and imports, this paper recommends various abatement policies to effectively reduce emissions. [Display omitted] • CO 2 emissions embodied in Korea's trade during 2000–2014 were estimated. • Production-based and consumption-based CO 2 emissions were measured. • Multi-regional input-output and structural decomposition methods were applied. • Korea's net CO 2 emissions exports increased considerably during 2007–2014. • The scale of final demand contributed most to the rise in Korea's emissions. [ABSTRACT FROM AUTHOR]

Understanding the causes of growing carbon transfers between developing countries is likely to be the first step in their mitigation. With this in mind, the current paper uses multi-regional input-output analysis to investigate CO 2 emissions and value-added embodied in China-Brazil trade. We propose the use of value-added exports, rather than gross exports, to more accurately estimate the economic benefits of trade. We find enormous increases in both CO 2 emissions and value-added embodied in exports for China and Brazil between 2000 and 2014. During this period, China's position as a net CO 2 emissions and net value-added exporter vis-à-vis Brazil deepens. Major sources of increasing embodied CO 2 exports for China were the basic materials and electricity industries and for Brazil were the basic materials, agriculture and mining industries. Estimates of net carbon intensities reveal advantages for China in electronics and for Brazil in agriculture and mining. Structural decomposition analysis shows that the changing consumption in China and Brazil as well as the changing structure of intermediate exports from China to Brazil were important sources of increasing embodied CO 2 emissions. This latter finding was possible due to the method proposed in this paper of decomposing the production structure into the domestic, export and import production structures. In line with the key findings, various implications and emission abatement policies are discussed. [ABSTRACT FROM AUTHOR]