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In economic models of energy and climate policy, endogenous technological change is generally introduced as the result of either investment in research-and-development or of learning-by-doing. In this paper, we analyze alternative ways of modeling learning-by-doing in the renewable energy sector...
Persistent link: https://www.econbiz.de/10005068900
In this paper, we study the implications of assuming different technologies for physical capital accumulation and consumption. More precisely, we assume that physical capital accumulation is relatively more energy-intensive than consumption. We conclude that this hypothesis, together with the...
Persistent link: https://www.econbiz.de/10012709470
Cet article fait le point sur deux développements analytiques récents des modèles d’équilibre général appliqués à la politique commerciale : l’introduction de la concurrence imparfaite et de comportements intertemporels. La prise en compte d’un environnement imparfaitement...
Persistent link: https://www.econbiz.de/10008532347
We explore recent analytical developments in trade applied general equilibrium models and present a state of the art. Two extensions have been recently introduced : imperfect competition in order to show the impact of trade liberalization on welfare through a reduced monopoly power and economies...
Persistent link: https://www.econbiz.de/10011071820
In economic models of energy and climate policy, endogenous technological change is generally introduced as the result of either investment in research-and-development or of learningby-doing. In this paper, we analyze alternative ways of modeling learning-by-doing in the renewable energy sector...
Persistent link: https://www.econbiz.de/10003471766
Growing shares of renewable energy sources (RES) in the electricity system increase the need for flexible balancing of supply-dependent feed-in of RES and time-varying demand. Besides flexible, conventional technologies and demand-responses, storage is an important option. Through the use of an...
Persistent link: https://www.econbiz.de/10012260780
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/10010297453
The formulation of market equilibrium problems as mixed complementarity problems (MCP) permits integration of bottom-up programming models of the energy system into top-down general equilibrium models of the overall economy. Despite the coherence and logical appeal of the integrated MCP...
Persistent link: https://www.econbiz.de/10010297515
The empirical analysis of the micro links between trade and knowledge diffusion allows us to distinguish among the key predictions of the theoretical literature on endogenous growth. This literature postulates that total factor productivity (TFP) is higher when trade gives access to a wider or...
Persistent link: https://www.econbiz.de/10011608591
This article presents an applied general equilibrium model which combines the theoretical foundations of an Eaton-Kortum type model of international trade with the complexity of a global multi-region, multi-sector Computable General Equilibrium (CGE) model of production and consumption. The...
Persistent link: https://www.econbiz.de/10011624245