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Computable general equilibrium (CGE) modeling is an attempt to use general equilibrium theory as a tool for analysis of … widespread use of CGE modeling probably is that a CGE model is an ideal bridge between economic theory and applied policy … research. The “bridge” perspective, however, suggests that CGE modeling is a way of using rather than testing economic theory …
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economic theory and presents some applications. The chapter is structured according to the nature of the computable general …
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of countries. Researchers have ensured that innovations in theory, data construction and model application have matched …
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MONASH models are descended from Johansen's 1960 model of Norway. The first MONASH model was ORANI, used in Australia's tariff debate of the 1970s. Johansen's influence combined with institutional arrangements in their development gave MONASH models distinctive characteristics, facilitating a...
Persistent link: https://www.econbiz.de/10014025289
This study analyses the economic effects of the EU's ‘Fit for 55’ climate mitigation policies using the OECD ENV-Linkage model, a dynamic, global Computable General Equilibrium model. The model projects macroeconomic, sectoral, energy and emission trends for the EU, and for the five largest...
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increase sequestration in the land use, land use change and forestry, and agricultural sectors. In developing countries …
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This paper proposes a ranking of the countries where forest carbon sequestration is the most cost-efficient among 166 countries for which data are available. Taking into account the main cost factors leads to a more nuanced ranking of the countries to be favoured for cost-efficient forest carbon...
Persistent link: https://www.econbiz.de/10012801167
a Global Computable General Equilibrium (CGE) framework. Forestry mitigation is introduced into the model relying on … carbon sequestration curves provided by a global forestry model. The structure of the original CGE is extended to consider … cost of a 20% emissions reduction without forestry. Carbon price is also reduced, by approximately 30% in 2020. European …
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