GTAP Resources: Resource Display
| GTAP Resource #7196 |
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"Representation of fuel usage in general equilibrium modeling" by Chen, Y.-H. Henry and Jonathan Siegle Abstract In computable general equilibrium (CGE) analysis, the values of all commodities including fuels are represented in monetary units. This suggests that for a multi-energy-input sector, under a given output level, inter-fuel substitution under carbon pricing can inadvertently change the energy use levels in physical units and therefore unintentionally contribute to alteration of the underlying energy efficiency. However, a significant change in energy efficiency implied by interfuel substitution is unlikely to happen. In this study, we propose an approach to address the issue in a CGE modeling framework. |
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- Climate change policy - Conventional energy - Technological change - Advances in quantitative methods - Partial and general equilibrium models |
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Public Access  Paper (287.8 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
