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The economic impact of the green certificate market through the macro multiplier approach
Ciaschini, Maurizio; Severini, Francesca; Socci, Claudio; … - 2010
In the last decade, as many other European countries, the Italian Government adopted several reforms in order to increase the use of Renewable Energy Sources (RES). The liberalization of the electricity market that represents one of these reforms aims to reach environmental benefits from the...
Persistent link: https://www.econbiz.de/10008735712
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Combination of equilibrium models and hybrid life cycle-input-output analysis to predict the environmental impacts of energy policy scenarios
Igos, Elorri; Rugani, Benedetto; Rege, Sameer; Benetto, … - 2015
Nowadays, many countries adopt an active agenda to mitigate the impact of greenhouse gas emissions by moving towards less polluting energy generation technologies. The environmental costs, directly or indirectly generated to achieve such a challenging objective, remain however largely...
Persistent link: https://www.econbiz.de/10011287045
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Integrated environmental assessment of future energy scenarios based on economic equilibrium models
Igos, Elorri; Rugani, Benedetto; Rege, Sameer; Benetto, … - 2015
The future evolution of energy supply technologies strongly depends on (and affects) the economic and environmental systems, due to the high dependency of this sector on the availability and cost of fossil fuels, especially on the small regional scale. This paper aims at presenting the modeling...
Persistent link: https://www.econbiz.de/10010476197
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A sectoral model extension to STREAM
Rapa, Noel - 2020
This paper proposes a sectoral extension to STREAM, the Bank's main macroeconometric model. The extension documented in this paper borrows heavily from linking integration strategies prevalent in literature. The approach utilised here however, differs in two main ways when compared to existing...
Persistent link: https://www.econbiz.de/10012317412
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What contributes to consumer price inflation? : a novel decomposition framework with an application to Austria
Schneider, Martin - 2024
In this paper, we propose a new methodology for decomposing consumer price inflation into contributions of cost …) derived from an input-output table with quarterly national accounts data. This allows to decompose HICP inflation into … detailed cost components including imports. We apply the approach to Austria and analyze the composition of inflation for the …
Persistent link: https://www.econbiz.de/10014495685
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Inflationary effect of oil-price shocks in an imperfect market : a partial transmission input-output analysis
Wu, Libo; Li, Jing; Zhang, ZhongXiang - 2011
inflation, especially in the short term. However, in order to strengthen the economy's resilience to oil-price shocks, the paper …This paper aims to examine the impacts of oil-price shocks on China's price levels. To that end, we develop a partial … transmission input-output model that captures the uniqueness of the Chinese market. We hypothesize and simulate price control …
Persistent link: https://www.econbiz.de/10008934659
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Estimating demand spillovers of EU Cohesion Policy using European regional input-output tables
Römisch, Roman - 2020
This paper develops a simple method to consistently break down world input-output tables to regional input-output tables. They are used to estimate Cohesion Policy-induced demand spillovers in the EU, covering the years 2007-2018. Results indicate that Cohesion spillovers from less developed...
Persistent link: https://www.econbiz.de/10012264962
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Measuring the impact of tourism upon urban economies : a review of literature
Gasparino, Ugo; Bellini, Elena; Del Corpo, Barbara; … - 2008
Tourism is increasingly seen as a potential lever towards high economic growth, measured both in terms of income and employment. In recent years, interest in tourism has spread rapidly throughout many small and medium European cities, which previously have not considered themselves as tourist...
Persistent link: https://www.econbiz.de/10008772373
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How to starve the beast: fiscal and monetary policy rules
Martin, Fernando M. - 2019
, effective revenue ceilings induce an increase in deficit, debt and inflation. Under many scenarios, including recurrent adverse …
Persistent link: https://www.econbiz.de/10012137093
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Relative price variability, repeat sales and the welfare cost of inflation
Fershtman, Chaim; Fishman, Arthur; Simhon, Avi - 1996
Persistent link: https://www.econbiz.de/10000941535