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Title:Benchmarking the future : a dynamic, multi-regional, multi-sectoral trade model for the analysis of climate policies PDF Logo
Authors:Klepper, Gernot
Springer, Katrin
Issue Date:2000
Series/Report no.:Kiel Working Papers 976
Abstract:For analyzing the impact of climate change and of international climate policies on the international division of labor and on regional welfare the use of a disaggregated multi–sectoral, multi–regional dynamic computable general equilibrium model is appropriate. This paper discusses the problems of defining an appropriate benchmark against which policy simulations and climate change impacts can be assessed. It explicitly considers regionally differentiated growth rates by basing the development of the parameters which determine human and physical capital growth, technical progress and technology diffusion as well as savings decisions on historical developments and estimates in the literature. A sensitivity analysis of important parameters is performed.
Subjects:off-steady-state growth
human capital
physical capital
calibration
energy supply
GTAP data set
JEL:C68
F43
O41
O1
O3
Q48
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des IfW
Kieler Arbeitspapiere, IfW

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