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GTAP Resource #3373

"An Economy-wide Analysis of an Increase in Energy Prices in Russia by the Use of SMOD_EN Model"
by Orlov, Anton, Harald Grethe and Scott McDonald

The Russian economy is very energy intensive. The improvement of energy efficiency is one of the most important political issues. One of the reasons for the wasteful energy use in Russia is the low domestic price level for energy resources. Amongst other policy reforms, the Russian government aims to liberalize the energy markets in the long run. This paper provides an assessment of the economy-wide effects of an increase in prises for some energy goods. We extended the single country CGE model „SMOD” by incorporating energy substitution into the model and perform a sensitivity analysis with regard to nesting structures and substitution elasticities between capital and energy.

Resource Details (Export Citation) GTAP Keywords
Category: 2010 Conference Paper
Status: Published
By/In: Presented at the 13th Annual Conference on Global Economic Analysis, Penang, Malaysia
Date: 2010
Created: Orlov, A. (4/15/2010)
Updated: Orlov, A. (1/20/2012)
Visits: 2,853
No keywords have been specified.

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