A new SUT consolidation method tested by a decomposition of value added and CO2 embodied in EU27 exports

This paper develops a method to consolidate national supply–use tables (SUTs) into a single supra-regional SUT. The method deals with mirror trade statistics problems, such as the different valuation of imports and exports, and it corrects for double-counting re-exports. The method is tested by means of a decomposition of value added and CO2 emissions embodied in EU27 exports to third countries. When the national SUTs for the period 2000– 2007 are used, neglecting intra-European Union spillover and feedback effects results in an nderestimation of the embodied value added of 12–15%. Not consolidating the national tables properly leads to a further underestimation of 11–16%.With these underestimations removed, EU27 foreign exports still only explain around 11% of EU27 Gross Domestic Product, whereas they explain 17% of the EU27 CO2 emissions. Hence, the income benefits of these exports are, in relative terms, considerably smaller than their CO2 emission cost.

BOUWMEESTER Maaike C.;  OOSTERHAVEN Jan;  RUEDA CANTUCHE Jose; 

2014-10-24

ROUTLEDGE JOURNALS

JRC90519

0953-5314,   

http://www.tandfonline.com/doi/abs/10.1080/09535314.2014.892473#.VEoIDBB0Z8E,    https://publications.jrc.ec.europa.eu/repository/handle/JRC90519,   

10.1080/09535314.2014.892473,