Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/18498 
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dc.contributor.authorSchumacher, Katjaen
dc.contributor.authorSands, Ronald D.en
dc.date.accessioned2009-01-28T15:47:33Z-
dc.date.available2009-01-28T15:47:33Z-
dc.date.issued2006-
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
dc.language.isoengen
dc.publisher|aDeutsches Institut für Wirtschaftsforschung (DIW) |cBerlinen
dc.relation.ispartofseries|aDIW Discussion Papers |x605en
dc.subject.jelC6en
dc.subject.jelL6en
dc.subject.jelD5en
dc.subject.jelQ5en
dc.subject.jelQ4en
dc.subject.ddc330en
dc.subject.keywordIndustrial technologiesen
dc.subject.keywordenergy useen
dc.subject.keywordiron and steel productionen
dc.subject.keywordtechnological changeen
dc.subject.keywordgeneral equilibrium modelingen
dc.subject.stwEnergiekonsumen
dc.subject.stwStahlindustrieen
dc.subject.stwProduktionsfunktionen
dc.subject.stwTechnischer Fortschritten
dc.subject.stwAllgemeines Gleichgewichten
dc.subject.stwDeutschlanden
dc.titleWhere Are the Industrial Technologies in Energy-Economy Models? An Innovative CGE Approach for Steel Production in Germany-
dc.typeWorking Paperen
dc.identifier.ppn514845023en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:diw:diwwpp:dp605en

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