Concerns about the effects and consequences of climate change have notably increased in recent decades. Despite large advances in the understanding of this phenomenon, further research into the determinants of gas emissions is necessary, to shed light on the responsibilities of producers and consumers, and their potential contribution to mitigation strategies. This paper studies the trajectories and determinants of carbon embodied in world trade during a period of 15 years. Our methodology relies on a multiregional input–output model, environmentally extended. Drawing on data from the World Input–Output Database, we estimate embodied emissions in bilateral flows. Then, we assess the determinants of CO₂ emissions embodied in trade, combining input–output modelling with trade gravity panel data analysis. This paper offers a methodological approach that explains and quantifies the underlying factors of carbon trade, integrating the production and consumption perspectives and considering the geographical, structural and institutional context of countries.

In the context of a relatively scarce water country, the article analyzes the changes in 50 years in the water footprint (WF) in Spain evaluating its sustainability. For that purpose, firstly we make use of the regional information of the water footprints and crop production to estimate the WF of production over the 50 provinces in Spain, looking at the variation between the years 1955 and 2005–2010. The detail in the information of crops (more than 150 of them) statistics allows us to examine the types and origin of changes (in volume produced, shifts towards more or less water intensive crops). Secondly, we estimate sustainability indicators also at the provincial level, which let us evaluate whether this change has created or incremented the risk of physical and economic water stress. Thirdly, we introduce the economic perspective, providing evidence on the infrastructures built and public sector expenditure, as an approximation to the costs of the increases in WF, particularly meaningful for those water stressed areas.

This editorial constitutes the introduction to the special issue of Economic Systems Research on Input–Output and Water. We provide a general overview of current water problems and the role that input–output analysis can play in the research of different water issues and their relationship with the economic activity. We also introduce the five papers in this special issue.