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GTAP Resource #3918

"Analysis of economic impacts including poverty under global CO2 emissions reduction targets"
by Homma, Takashi

Global climate change and poverty are two of the most serious issues facing the world today. The two issues are closely linked. This paper presents the quantitative analysis on economic impacts by region and by sector up to 2050 for global GHG emission reduction targets on the consideration of international industrial relationships using DEARS (Dynamic Energy-economic Analysis model with multi-Regions and multi-Sectors). We also evaluate living people in poverty in the developing regions, which is consistent with the evaluations of economic analysis by DEARS.
DEARS is a dynamic optimization model, which maximizes global discounted consumption utilities and evaluates the impacts of CO2 emissions reduction policies on energy and economic systems. DEARS has the two modules. One is the economic module which represents explicitly industrial structures of production, consumption and trade by region and by sector, which are required for sectoral analysis on climate policies. The other is the simplified energy systems module which represents explicitly energy flows. The model includes 18 regions and 18 non-energy sectors. The model also includes eleven energy sources with seven types of primary energy (coal, crude oil, natural gas, biomass, hydro power, wind power, and nuclear power) and four types of secondary powers (solid, liquid, and gaseous fuels and electricity), where energy supply technology and CCS (carbon dioxide capture and storage) technology are considered. The main datasets of DEARS are based on GTAP database for economic systems and IEA statistics and other sources for energy systems. The baseline of socio-economic scenario without any climate change policy intervention is based on the socio-economic factors analyses from various historical statistics. The model baseline of population, exogenous variables in the model, is based on the UN2008 medium estimations. The model baseline of GDP and final energy consumptions, calculated endogenously in the mode...

Resource Details (Export Citation) GTAP Keywords
Category: 2012 Conference Paper
Status: Published
By/In: Presented at the 15th Annual Conference on Global Economic Analysis, Geneva, Switzerland
Date: 2012
Created: Homma, T. (4/30/2012)
Updated: Homma, T. (4/30/2012)
Visits: 1,992
- Climate change policy

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