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Energy poverty is a significant policy issue in the UK. An argument often raised is that rural households are more likely to be energy poor due to the nature of rural housing stock and also the more limited choice of energy sources in rural areas. However empirical evidence to support this...
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The present study aims at modelling the impact of different CAP (Common Agricultural Policy) scenarios on 6 case study regional economies. The starting point is the construction of a Social Accounting Matrix (SAM) obtained through a combination of mechanical downscaling of higher level...
Persistent link: https://www.econbiz.de/10011169783
This paper explores the extent to which a new on-shore winds sector, gives rise to rural economic benefits taking into account that, a priori, the eventual size of the sector (the shock to the model) is uncertain and that the underlying probability distribution of the shock may not be symmetric....
Persistent link: https://www.econbiz.de/10011125209
A recursive dynamic regional Computable General Equilibrium model is developed to assess the economic impacts of two Common Agricultural Policy (CAP) scenarios in six NUTS-3 (Nomenclature of Territorial Units for Statistics) (NUTS-1: major socio-economic regions, NUTS-2: basic regions for the...
Persistent link: https://www.econbiz.de/10010975257
Parameter uncertainty has fuelled criticisms on the robustness of CGE results and has led to the development of alternative approaches to sensitivity analyses. Researchers have used Monte Carlo (MC) for systematic sensitivity analysis (SSA) because of its flexibility. However, MC may provide...
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