Showing 1 - 10 of 55
Persistent link: https://www.econbiz.de/10003329605
We analyze existing definitions of carbon leakage and propose a new rigorous one. This is then tested using computable general equilibrium analysis for unilateral carbon dioxide abatement programs in the European Union in 2020, adopted under the United Nations Framework Convention on Climate...
Persistent link: https://www.econbiz.de/10011575664
Persistent link: https://www.econbiz.de/10012199109
Poland is responsible for 9% of CO2 emission in the European Union (EU), making it the fifth biggest emitter in the region. The energy sector is dominated by electricity produced from coal (around 70%). The country currently uses massive subsidies to boost the coal sector. We propose a dynamic...
Persistent link: https://www.econbiz.de/10012799193
Rutherford, Tarr, and Shepotylo use a computable general equilibrium comparative static model of the Russian economy to assess the impact of accession to the World Trade Organization (WTO) on income distribution and the poor. Their model is innovative in that they incorporate all 55,000...
Persistent link: https://www.econbiz.de/10010522725
Persistent link: https://www.econbiz.de/10001880845
Persistent link: https://www.econbiz.de/10002541713
We motivate the formulation of market equilibria as a mixed complementarity problem (MCP) in order to bridge the gap between bottom-up energy system models and top-down general equilibrium models for energy policy analysis. Our objective is primarily pedagogic. We first lay out that the MCP...
Persistent link: https://www.econbiz.de/10003026049
This chapter considers alternatives to the Armington formulation of international trade found in most computable general equilibrium (CGE) models. International trade structures consistent with the monopolistic competition models suggested by Krugman (1980) and Melitz (2003) are presented in a...
Persistent link: https://www.econbiz.de/10014025268
We describe the progress of computable general equilibrium (CGE) modeling software since the 1980s and contrast the main systems used today: GAMS, MPSGE and GEMPACK. The development of these general-purpose modeling systems has underpinned rapid growth in the use of CGE models, and allowed...
Persistent link: https://www.econbiz.de/10014025271