| 来源类型 | Research papers
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| 规范类型 | 报告
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| The Development and application of the operation general equilibrium model : a study on economic effect of electricity tariff (KEEI-96-M-01) |
| Y. H. Sohn; D. C. Shin
|
| 发表日期 | 1996-12-31
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| 出版年 | 1996
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| 语种 | 英语
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| 摘要 |
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The operation general equilibrium model attempted to assay the macroscopic situation has the advantages that it helps microscopically study the policy on a specific industry as well as establish the relation to the macroeconomy. This model that has an emphasis on making a foundation referred in setting up the policy on the electricity industry, is used to find the result obtained from actions of each economic agency to optimize its objectives under the given constraints after classifying the electricity industry as an independent sector.
This model is designed to sufficiently consider the reflux effect accompanied by the change in the economic environment. It is also designed based on the neoclassical economic theory and the general equilibrium theory and uses the 1990 industrial input-output data. While regrouping the total industry (405 sectors) as 23 industries, the electricity and its related sector is especially subdivided. It is also adjusted to copy the Korea's economy in 1990 by drawing up the social accounting matrix. Finally, this paper experiments the changes in the economical environment by simulating the case that the electricity tariff is adjusted at the same pace as that of other prices. The electricity tariff is actually controlled under the regulation on the prices of public goods.
Most research so far has analyzed the effects of electricity tariff on our economy using either input-output model or the macroeconomic model. The former has the disadvantages that it cannot fully consider the reflux effect and complicated interactions of the economy. The latter has the disadvantage of having an inability to handle the detailed policy on a specific industry-electricity industry in this case. Even though there is room for improvement in the future, this model has a meaning in the view that it is designed to supplement those two disadvantages.
31 pages, 7 refs., 9 tabs., Language: Korean |
| URL | http://www.keei.re.kr/web_keei/en_publish.nsf/by_report_year/3AE7157EDF19AD4F49256996001C5ABF?OpenDocument
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| 来源智库 | Korea Energy Economics Institute (Republic of Korea)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/322103
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推荐引用方式
GB/T 7714 |
Y. H. Sohn,D. C. Shin. The Development and application of the operation general equilibrium model : a study on economic effect of electricity tariff (KEEI-96-M-01). 1996.
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