Joseph S. Shapiro

University of California, Berkeley

The Carbon Footprint of Multinational Production
November 27, 2023 – 05:15 – 06:30 PM (CET)

This event will take place online only. To join virtually, please register in advance using this link.

Seminar Abstract
We study how multinational production affects climate change. Microdata reveal that the emission rate of a foreign-owned plant increases with the emission rate of its home country, suggesting that firms bring green technology with them when operating abroad. We develop and quantify a multi-country general equilibrium model of multinational production, trade, and energy to assess how policies encouraging multinational production would affect global carbon emissions and welfare.

Speaker Bio
Joseph S. Shapiro is Associate Professor at the University of California, Berkeley, in Agricultural & Resource Economics and the Department of Economics. He also serves as Associate Editor of the Journal of Political Economy, Co-Editor of the Journal of Public Economics, Research Associate at the National Bureau of Economic Research, and Research Associate at the Energy Institute at Haas. His research agenda focuses on three general questions: (1) How do globalization and the environment interact? (2) What have been the effectiveness, efficiency, and equity impacts of environmental and energy policies over the last half century, particularly for water, air, and climate pollution? (3) How important are the investments that people make to protect themselves against air pollution and climate change? Shapiro has received an Alfred P. Sloan Research Fellowship, Kiel Institute Excellence in Global Affairs Award, and Marshall Scholarship. Shapiro holds a Ph.D. in economics from MIT, Masters degrees from Oxford and LSE, and a BA from Stanford.

Admission information
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