Artikel

Sectoral Growth Effects of Energy Policies in an Increasing-Varieties Model of the Swiss Economy

The paper applies a theoretical model with increasing capital varieties to study the impact of energy on growth. It translates a multisectoral framework version to a computable general equilibrium (CGE) model of the Swiss economy. We study the impacts of a policy aiming at enabling the economy to reach the longterm target of a 2000-Watt-society, implying a substantial reduction of the energy input in the future. We find that (i) the aggregate effects of an ambitious energy efficiency policy turn out to be moderate, (ii) all sectors in the economy continue to grow at robust positive rates (although growth rates decrease in some sectors compared to business-as-usual), and (iii) some industries experience substantially higher growth under regulation. We focus on the different sectoral growth effects to simulate future structural change.

Sprache
Englisch

Erschienen in
Journal: Swiss Journal of Economics and Statistics ; ISSN: 2235-6282 ; Volume: 148 ; Year: 2012 ; Issue: 2 ; Pages: 137-166 ; Heidelberg: Springer

Klassifikation
Wirtschaft
Climate; Natural Disasters and Their Management; Global Warming
Computational Techniques; Simulation Modeling
One, Two, and Multisector Growth Models
Energy and the Macroeconomy
Thema
Energy and Growth
CGE model
sectoral growth rates
Swiss data

Ereignis
Geistige Schöpfung
(wer)
Bretschger, Lucas
Ramer, Roger
Ereignis
Veröffentlichung
(wer)
Springer
(wo)
Heidelberg
(wann)
2012

DOI
doi:10.1007/BF03399364
Handle
Letzte Aktualisierung
10.03.2025, 11:45 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

  • Artikel

Beteiligte

  • Bretschger, Lucas
  • Ramer, Roger
  • Springer

Entstanden

  • 2012

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