Arbeitspapier

Economic effects of a nuclear-phase out policy: A CGE analysis

The paper investigates the long-run consequences of a phase-out of nuclear energy for the Swiss economy. We apply the CITE model, a CGE model with fully endogenous growth, and complement it with a bottom-up model. We find that the nuclear phase-out can be achieved at relatively low costs, even when the expansion capacities of other technologies are limited. Consumer welfare decreases by 0.4% at the maximum compared to business as usual. Our results show that an economy can cope well with ambitious energy policies through sufficient innovation. Economic growth is not slowed down significantly. The phase-out policy contributes to a structural shift in favor of innovative, energy extensive sectors. It does not work against the climate policy goals but rather accelerates the transition to a less energy-dependent economy.

Sprache
Englisch

Erschienen in
Series: Economics Working Paper Series ; No. 12/167

Klassifikation
Wirtschaft
Energy and the Macroeconomy
Computable General Equilibrium Models
Energy: Government Policy
One, Two, and Multisector Growth Models
Thema
Energy and growth
nuclear phase out
CGE model
induced innovation
Kernenergie
Energiepolitik
Wirkungsanalyse
Wirtschaftswachstum
Allgemeines Gleichgewicht
Simulation
Endogenes Wachstumsmodell
Theorie

Ereignis
Geistige Schöpfung
(wer)
Bretschger, Lucas
Ramer, Roger
Zhang, Lin
Ereignis
Veröffentlichung
(wer)
ETH Zurich, CER-ETH - Center of Economic Research
(wo)
Zurich
(wann)
2012

DOI
doi:10.3929/ethz-a-007351829
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bretschger, Lucas
  • Ramer, Roger
  • Zhang, Lin
  • ETH Zurich, CER-ETH - Center of Economic Research

Entstanden

  • 2012

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