Benchmarking the future: a dynamic, multi-regional, multi-sectoral trade model for the analysis of climate policies

Arbeitspapier

For analyzing the impact of climate change and of international climate policies on the international division of labor and on regional welfare the use of a disaggregated multi–sectoral, multi–regional dynamic computable general equilibrium model is appropriate. This paper discusses the problems of defining an appropriate benchmark against which policy simulations and climate change impacts can be assessed. It explicitly considers regionally differentiated growth rates by basing the development of the parameters which determine human and physical capital growth, technical progress and technology diffusion as well as savings decisions on historical developments and estimates in the literature. A sensitivity analysis of important parameters is performed.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Kiel Working Paper ; No. 976

Classification and Topics

• Classification: Wirtschaft ; Computable General Equilibrium Models ; Economic Growth of Open Economies ; One, Two, and Multisector Growth Models ; Energy: Government Policy
• Subject: human capital ; physical capital ; calibration ; energy supply ; GTAP data set ; off-steady-state growth ; Klimaschutz ; Wirtschaftspolitische Wirkungsanalyse ; Allgemeines Gleichgewicht ; Mehr-Länder-Modell ; Mehr-Sektoren-Modell ; Umweltökonomik ; Steady-State-Wachstum ; Vergleich ; Bildungsinvestition ; Investition ; Energieversorgung ; Theorie ; Welt

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Klepper, Gernot ; Springer, Katrin
• Event: Veröffentlichung
• (who): Kiel Institute of World Economics (IfW)
• (where): Kiel
• (when): 2000

Further information

• Handle: http://hdl.handle.net/10419/2408
• Last update: 10.03.2025, 11:45 AM CET