The three major players in the global economy, the US, EU, and China, have been designing climate mitigation policies that will help reduce their carbon emissions but will also likely reshape developing countries’ trade, prices, and access to technology. This paper examines developing countries’ exposure to such changes. Overall, the policies are expected to curtail demand for fossil fuels, energy-intensive manufacturing, and agricultural exports linked to environmental degradation. They are also expected to open export opportunities in critical minerals, electric vehicles (EVs) and their components, and renewable energy technologies and components. The exposure of affected export sectors and the overall economy to these changes will vary across countries based on the orientation of their export sectors to the EU, US, and Chinese markets as well as the weight of affected exports in their economies. The climate policies will also likely reduce oil prices and raise critical mineral prices, help reduce the cost of green technologies and increase green foreign investment. The paper draws recommendations for developing countries, the EU, US, and China, as well as the international community on how best to help developing countries lessen the potential negative competitiveness effects of these climate policies and make the most of the opportunities for a faster green transition and economic development.
Repository name | URI |
---|---|
Reproducible Research Repository (World Bank) | https://reproducibility.worldbank.org |
Paper exhibits were reproduced in a computer with the following specifications:
– OS: Windows 11 Enterprise
– Processor: Intel(R) Core(TM) i5-1145G7 CPU @ 2.60GHz
– Memory available: 15.7 GB
– Software version: Stata version 18 MP
~2 minutes run time for the Stata portion.
To reproduce this package a new user needs to follow these instructions.
Process the Stata Portion
a. Run 1. data for figures
do file: This will generate Data for figures/data for figures_v1.xlsx
, which is used for Figures 3, 7, 9, 10, 11, 12, and 13.
b. Run 2. GVC
do file: This will generate Data for figures/GVC Exposure Indicator.xlsx
, required for Figures 4, 6, and 8. Note: The raw data and the resulting indicator are embargoed and not included in the package. See data statement for more details.
Generate and Verify Figures
a. For Figures 3, 7, 9, 10, 11, 12, and 13: verify that the included data for figures_v1.xlsx
matches data for figures_final.xlsx
and the paper.
b. For Figures 4, 6, and 8: verify that the included GVC Exposure Indicator.xlsx
matches GVC Exposure Indicator_final.xlsx
and the paper. Note that this will only be possible once the embargoed data is included in the reproducibility package.
c. For Figures 5 and 14, and Table 3: These figures were created manually. Refer to the README and relevant files for further instructions.
Some data is restricted and has not been included in the reproducibility package. For more details, please refer to the README file.
Author | Affiliation | |
---|---|---|
Enrique Aldaz-Carroll | World Bank | ealdazcarroll@worldbank.org |
Euijin Jung | World Bank | ejung1@worldbank.org |
Maryla Maliszewska | World Bank | mmaliszewska@worldbank.org |
Iryna Sikora | World Bank | isikora@worldbank.org |
2024-11
Location | Code |
---|---|
World | WLD |
The materials in the reproducibility packages are distributed as they were prepared by the staff of the International Bank for Reconstruction and Development/the World Bank. The findings, interpretations, and conclusions expressed in this event do not necessarily reflect the views of the World Bank, the Executive Directors of the World Bank, or the governments they represent. The World Bank does not guarantee the accuracy of the materials included in the reproducibility package.
Name | URI |
---|---|
Modified BSD3 | https://opensource.org/license/bsd-3-clause/ |
Name | Affiliation | |
---|---|---|
Euijin Jung | World Bank | ejung1@worldbank.org |
Reproducibility WBG | World Bank | reproducibility@worldbank.org |
Name | Abbreviation | Affiliation | Role |
---|---|---|---|
Reproducibility WBG | DIME | World Bank - Development Impact Department | Verification and preparation of metadata |
2024-11-25
1