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GTAP Resources: Resource Display

GTAP Resource #7196

"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 inter-fuel substitution is unlikely to happen. In this study, we consider an approach to address the issue in a CGE modeling framework.


Resource Details (Export Citation) GTAP Keywords
Category: 2024 Conference Paper
Status: Not published
By/In: Presented during the 27th Annual Conference on Global Economic Analysis (Fort Collins, Colorado, USA)
Date: 2024
Version:
Created: Siegle, J. (4/12/2024)
Updated: Siegle, J. (6/3/2024)
Visits: 238
- Climate change policy
- Conventional energy
- Technological change
- Advances in quantitative methods
- Partial and general equilibrium models


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  File format Paper  (377.5 KB)   Replicated: 0 time(s)
  File format Presentation  (597.5 KB)   Replicated: 0 time(s)


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