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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Capital-embodied Technologies in CGE Models | |
James Lennox; Ramiro Parrado | |
发表日期 | 2015 |
出处 | Climate Change and Sustainable Development |
出版年 | 2015 |
语种 | 英语 |
摘要 | Computable general equilibrium (CGE) models are widely used to analyse macroeconomic and sectoral effects of climate policies. Developing new and improving existing carbon-free energy technologies will be crucial to limit the long-term economic costs of mitigation policies. Such technologies are largely embodied in capital goods; yet conventionally structured CGE models cannot capture capital-embodiment of sector-specific technologies. In this paper, we clarify the conceptual nature of the capital embodiment problem in multisector CGE models. Aggregating productive sectors and investment goods eliminates channels whereby specific technological changes are embodied in specific capital stocks. Nevertheless, capital-embodiment of sector-specific Hicks-neutral technical changes can be directly represented as investment-specific technical change (ISTC). *** Suggested citation: Lennox, J., R. Parrado, (2015), 'Capital-embodied Technologies in CGE Models', Nota di Lavoro 2.2015, Milan, Italy: Fondazione Eni Enrico Mattei. |
特色分类 | O33;O44;Q54;Q55;Q58 |
关键词 | Climate Change Mitigation Capital-Embodiment Technological Change CGE Models |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/capital-embodied-technologies-in-cge-models/ |
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/118343 |
推荐引用方式 GB/T 7714 | James Lennox,Ramiro Parrado. Capital-embodied Technologies in CGE Models. 2015. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
20151201055131Nota_d(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
20151201055224NDL201(773KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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