Integrating bioenergy into computable general equilibrium models: a survey

Arbeitspapier

In the past years biofuels have received increased attention since they were believed to contribute to rural development, energy security and to fight global warming. It became also clear, though, that bioenergy cannot be evaluated independently of the rest of the economy and that national and international feedback effects are important. Computable general equilibrium (CGE) models have been widely employed in order to study the effects of international climate policies. The main characteristic of these models is their encompassing scope: Global models cover the whole world economy disaggregated into regions and countries as well as diverse sectors of economic activity. Such a modelling framework unveils direct and indirect feedback effects of certain policies or shocks across sectors and countries. CGE models are thus well suited for the study of bioenergy/biofuel policies. One can currently find various approaches in the literature of incorporating bioenergy into a CGE framework. This paper intends to give an overview of existing approaches and to critically assess their respective power. Grouping different approaches into categories and highlighting their advantages and disadvantages is important for giving a structure to this rather recent and rapidly growing research area and to provide a guidepost for future work.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Kiel Working Paper ; No. 1473

Classification and Topics

• Classification: Wirtschaft ; Computable and Other Applied General Equilibrium Models ; Alternative Energy Sources ; Energy: Government Policy ; Climate; Natural Disasters and Their Management; Global Warming
• Subject: Biofuels ; CGE model ; climate policy ; Bioenergie ; Allgemeines Gleichgewicht ; CGE-Modelling ; Klimaschutz

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Kretschmer, Bettina ; Peterson, Sonja
• Event: Veröffentlichung
• (who): Kiel Institute for the World Economy (IfW)
• (where): Kiel
• (when): 2008

Further information

• Handle: http://hdl.handle.net/10419/24868
• Last update: 10.03.2025, 11:42 AM CET