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dc.contributor.authorSchumacher, Katjaen_US
dc.contributor.authorSands, Ronald D.en_US
dc.date.accessioned2009-01-28T15:47:33Z-
dc.date.available2009-01-28T15:47:33Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/18498-
dc.description.abstractTop-down computable general equilibrium (CGE) models are used extensively for analysis of energy and climate policies. Energy-intensive industries are usually represented in top-down economic models as abstract economic production functions, of the constant-elasticity-ofsubstitution (CES) functional form. This study explores methods for improving the realism of energy-intensive industries in top-down economic models. We replace the CES production function with a set of specific technologies and provide a comparison between the traditional production function approach in CGE models and an approach with separate technologies for making iron and steel. In particular, we investigate the response of the iron and steel sector to a set of CO2 price scenarios. Our technology-based, integrated approach permits a choice between several technologies for producing iron and steel and allows for shifts in technology characteristics over time towards best practice, innovative technologies. In addition, the general equilibrium framework allows us to analyze interactions between production sectors, for example between electricity generation and iron and steel production, investigate simultaneous economy-wide reactions and capture the main driving forces of greenhouse gas emissions reductions under a climate policy. We conclude that technology specific effects are crucial for the economic assessment of climate policies, in particular the effects relating to process shifts and fuel input structure.en_US
dc.language.isoengen_US
dc.publisherDeutsches Institut für Wirtschaftsforschung (DIW) Berlinen_US
dc.relation.ispartofseriesDIW-Diskussionspapiere 605en_US
dc.subject.jelC6en_US
dc.subject.jelL6en_US
dc.subject.jelD5en_US
dc.subject.jelQ5en_US
dc.subject.jelQ4en_US
dc.subject.ddc330en_US
dc.subject.keywordIndustrial technologiesen_US
dc.subject.keywordenergy useen_US
dc.subject.keywordiron and steel productionen_US
dc.subject.keywordtechnological changeen_US
dc.subject.keywordgeneral equilibrium modelingen_US
dc.subject.stwEnergiekonsumen_US
dc.subject.stwStahlindustrieen_US
dc.subject.stwProduktionsfunktionen_US
dc.subject.stwTechnischer Fortschritten_US
dc.subject.stwAllgemeines Gleichgewichten_US
dc.subject.stwDeutschlanden_US
dc.titleWhere Are the Industrial Technologies in Energy-Economy Models? An Innovative CGE Approach for Steel Production in Germanyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn514845023en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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Publikationen von Forscherinnen und Forschern des DIW

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