G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
The WITCH Model. Structure, Baseline, Solutions
Valentina Bosetti; Emanuele Massetti; Massimo Tavoni
发表日期2007
出处Climate Change and Sustainable Development
出版年2007
语种英语
摘要WITCH - World Induced Technical Change Hybrid - is a regionally disaggregated hard-link hybrid global model with a neoclassical optimal growth structure (top-down) and a detailed energy input component (bottom-up). The model endogenously accounts for technological change, both through learning curves that affect the prices of new vintages of capital and through R&D investments. The model features the main economic and environmental policies in each world region as the outcome of a dynamic game. WITCH belongs to the class of Integrated Assessment Models as it possesses a climate module that feeds climate changes back into the economy. Although the model's main features are discussed elsewhere (Bosetti et al., 2006), here we provide a more thorough discussion of the model's structure and baseline projections, to describe the model in greater detail. We report detailed information on the evolution of energy demand, technology and CO2 emissions. We also explain the procedure used to calibrate the model parameters. This report is therefore meant to provide effective support to those who intending to use the WITCH model or interpret its results.
特色分类O33,O41,Q43
关键词Climate Policy,Hybrid Modelling,Integrated Assessment,Technological Change
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-witch-model-structure-baseline-solutions/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117430
推荐引用方式
GB/T 7714
Valentina Bosetti,Emanuele Massetti,Massimo Tavoni. The WITCH Model. Structure, Baseline, Solutions. 2007.
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