Arbeitspapier
Decomposing Integrated Assessment Climate Change
We present a decomposition approach for integrated assessment modeling of climate policy based on a linear approximation of the climate system. Our objective is to demonstrate the usefulness of decomposition for integrated assessment models posed in a complementarity format. First, the complementarity formulation cum decomposition permits a precise representation of post-terminal damages thereby substantially reducing the model horizon required to produce an accurate approximation of the infinite-horizon equilibrium. Second, and central to the economic assessment of climate policies, the complementarity approach provides a means of incorporating second-best effects that are not easily represented in an optimization model.
- Sprache
-
Englisch
- Erschienen in
-
Series: ZEW Discussion Papers ; No. 05-07
- Klassifikation
-
Wirtschaft
Allocative Efficiency; Cost-Benefit Analysis
Computable and Other Applied General Equilibrium Models
Computational Techniques; Simulation Modeling
Optimization Techniques; Programming Models; Dynamic Analysis
- Thema
-
integrated assessment
decomposition
terminal constraints
optimal taxation
Klimaschutz
Optimale Besteuerung
Wirtschaftspolitische Wirkungsanalyse
Wohlfahrtseffekt
Dekompositionsverfahren
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Böhringer, Christoph
Löschel, Andreas
Rutherford, Thomas F.
- Ereignis
-
Veröffentlichung
- (wer)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (wo)
-
Mannheim
- (wann)
-
2005
- 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.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Böhringer, Christoph
- Löschel, Andreas
- Rutherford, Thomas F.
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Entstanden
- 2005
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