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Long-run effects of post-Kyoto policies : applying a fully dynamic CGE model with heterogeneous capital

Bretschger, Lucas; Ramer, Roger; Schwark, Florentine - 2010

The paper develops a new type of CGE model to predict the effects of carbon policies on consumption, welfare, and sectoral development in the long run. Growth is fully endogenous, based on increasing specialization in capital varieties, and speci c in each sector of the economy. The benchmark...

Persistent link: https://www.econbiz.de/10008748369

The economic impact of tropical cyclones : case studies in general equilibrium

Lehtomaa, Jere; Renoir, Clément - 2023

We present a new framework for estimating the long-run economic impacts of natural disasters. Our approach combines a disaster impact model with a general equilibrium model of the economy. We apply the methodology to study the effects of tropical cyclones in the United States, the Caribbean...

Persistent link: https://www.econbiz.de/10014251945

Economic growth and equity in anticipation of climate policy

Miftakhova, Alena; Renoir, Clément - 2021

We study the role of the anticipation of climate policies on equity and economic growth in a numerical model of general equilibrium. The presence of the anticipation period allows the agents to adjust their choices before policy implementation. This period might change the equilibrium dynamics....

Persistent link: https://www.econbiz.de/10012544326

Boosting sluggish climate policy : endogenous substitution, learning, and energy efficiency improvements

Bretschger, Lucas; Leuthard, Matthias; Miftakhova, Alena - 2024 - This version: March 12, 2024

There is widespread concern that climate policy is moving too slowly and that decarbonization of economic development is coming too late for effective climate protection. We analyze three different effects that emerge endogenously during decarbonization and amplify current policies: growing...

Persistent link: https://www.econbiz.de/10014502190

Between- and within-country distributional impacts from harmonizing carbon prices in the EU

Landis, Florian; Fredriksson, Gustav; Rausch, Sebastian - 2021

and EU countries and (ii) using alternative rules for carbon revenue distribution. We develop a numerical multi …-country multi-sector general equilibrium model of the EU-27 economy which resolves household income deciles, based on micro …-survey data on expenditure and income, and markets for fossil fuels, electricity, and (EU-wide and national) tradeable emissions …

Persistent link: https://www.econbiz.de/10012605572

Carbon Leakage with International Technology Spillovers

Gerlagh, Reyer; Kuik, Onno - 2007

In this paper we study the effect of international technology spillovers on carbon leakage. We first develop and analyse two simple competing models for carbon leakage. The first model represents the pollution haven hypothesis. It focuses on the international competition between firms that...

Persistent link: https://www.econbiz.de/10010312376

Economic impacts of decarbonizing the Swiss passenger transport sector

Angst, Vanessa; Colesanti Senni, Chiara; Maibach, Markus; … - 2021

Switzerland committed to achieving net-zero emissions in 2050. This goal is particularly ambitious for the Swiss passenger transport system, which emits more than one third of Swiss CO2 emissions, and is not yet on a clear emission reduction path. We investigate the economic impact and the...

Persistent link: https://www.econbiz.de/10012544216

Assessing Climate Change Impacts: Agriculture

Bosello, Francesco; Zhang, Jian - 2005

The economy-wide implications of climate change on agricultural sectors in 2050 are estimated using a static computable general equilibrium model. Peculiar to this exercise is the coupling of the economic model with a climatic model forecasting temperature increase in the relevant year and with...

Persistent link: https://www.econbiz.de/10010312261

Klum@Gtap: Introducing Biophysical Aspects of Land-Use Decisions Into a General Equilibrium Model A Coupling Experiment

Ronneberger, Kerstin; Berrittella, Maria; Bosello, Francesco - 2006

In this paper the global agricultural land use model KLUM is coupled to an extended version of the computable general equilibrium model (CGE) GTAP in order to consistently assess the integrated impacts of climate change on global cropland allocation and its implication for economic development....

Persistent link: https://www.econbiz.de/10010312357

Climate Change, Energy Demand and Market Power in a General Equilibrium Model of the World Economy

Roson, Roberto; Bosello, Francesco; Cian, Enrica De - 2007

Future energy demand will be affected by changes in prices and income, but also by other factors, like temperature levels. This paper draws upon an econometric study, disentangling the contribution of temperature in the determination of the annual regional demand for energy goods. Combining...

Persistent link: https://www.econbiz.de/10010312445