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world-wide SO2 emissions and estimate the impact of trade on emissions. Contrarily to concerns raised by environmentalists …, by allowing clean countries to become net importers of emissions, leads to a 10% increase in world emissions with respect … situations where world emissions are either maximal or minimal. It turns out that effective emissions correspond to a 90 …
Persistent link: https://www.econbiz.de/10010312621
This paper considers the technical aspects and the consequences, in terms of simulation results and policy assessment, of introducing imperfect competition in a CGE model. The modifications to the standard CGE framework needed to model imperfect competition in some industries are briefly...
Persistent link: https://www.econbiz.de/10010312626
regional model of the world economy, in which energy technical change is endogenous. The focus is on disembodied energy R … enhance energy technological innovation in different regions of the world? Does the speed of innovation increase? Or do free …
Persistent link: https://www.econbiz.de/10010312636
The threat of global warming calls for a major transformation of the energy system the coming century. Modeling technological change is an important factor in energy systems modeling. Technological change may be treated as induced by climate policy or as exogenous. We investigate the importance...
Persistent link: https://www.econbiz.de/10010312645
world wide influences energy prices and thus national MACCs. We first discuss the mechanisms theoretically and then use the … CGE model DART to quantify the effects. The result is, that changes in energy prices resulting from different world wide …
Persistent link: https://www.econbiz.de/10010312661
Persistent link: https://www.econbiz.de/10010313132
Economic liberalization almost everywhere has constituted a positive supply shock which has been profoundly disinflationary at the global level. Financial liberalization in the industrial countries has also given fuller rein to inherent tendencies towards “procyclicality”, a process of...
Persistent link: https://www.econbiz.de/10010313137
Persistent link: https://www.econbiz.de/10010313140
Persistent link: https://www.econbiz.de/10010313141
Der Euroraum steckt in einem Dilemma zwischen ordnungspolitischen Anforderungen an eine langfristig stabile Währung auf der einen Seite und systemischen Risiken bei Einhaltung dieser Anforderungen auf der anderen Seite. Dieses Dilemma hat Anlass für Spekulationen gegen einzelne Staaten des...
Persistent link: https://www.econbiz.de/10010313143