GTAP Resources: Resource Display
| GTAP Resource #7561 |
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"Advancing the representation of critical minerals supply chains in the global economic models" by Chepeliev, Maksym, Krzysztof Wojtowicz, Ayse Nihal Yilmaz, Thiago Simonato, Eddy Bekkers and Dominique van der Mensbrugghe Abstract Acknowledging the need for more ambitious climate mitigation policies, in recent years many countries have increased the stringency of their climate pledges. Earlier studies have estimated that achieving ambitious climate mitigation targets will require an unprecedented expansion in renewable infrastructure and technologies, such as wind turbines, solar panels, batteries for electric vehicles, etc., leading to the growing demand for critical minerals and materials, such as nickel, platinum group metals, zinc, rare earths, etc., which are essential inputs for the development of renewable energy systems. It is important to have the analytical capacity for the assessment of future energy transition scenarios, as well as trade and domestic policies, with an explicit representation of the critical minerals supply chains. The evolution of the latter is impacted by various drivers, including costs of technologies, future changes in incomes and population, the spatial distribution of the minerals’ mining and refining capacities, bilateral trade patterns, etc. At the same time, such a level of detail is missing in most global databases and integrated assessment models. In this study, we address this gap by enhancing the Global Trade Analysis Project Database with detailed representations of critical minerals and metals supply chains, including both upstream and downstream activities. We showcase the application of the newly developed GTAP MRIO Data Base by providing a detailed analysis of the global value chains, tracing the geographical and supply-chain (i.e. across different activities) distribution of the critical minerals, as well as identifying the value-added creation stages in this process. The database developed in this study is part of the broader set of research activities on developing a comprehensive modeling framework featuring the GTAP-based global recursive-dynamic computable general equilibrium model ENVISAGE. |
| Resource Details (Export Citation) | GTAP Keywords | ||||||||||||||||
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- Resources and circular economy - Trade and the environment - GTAP Data Base and extensions - Not Applicable |
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Public Access  Paper (439.6 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
