A review of macroeconomic modelling tools for analysing industrial transformation

Renewable and Sustainable Energy Reviews, Journal Year: 2024, Volume and Issue: 199, P. 114462 - 114462

Published: May 11, 2024

This research presents a thorough evaluation of macroeconomic modelling tools in the context analysing industrial transformation. It emphasizes need to link models with energy system accurately depict The study begins broad survey tools. A detailed database 61 is then compiled, providing critical analysis tools' structures and features. From this spectrum, focus narrowed Computable General Equilibrium (CGE) models. develops multi-criteria framework, applied specifically four CGE tools, which encompasses 19 criteria categorized under main pillars: Industrial/Sectoral representation, Technological change, Employment, Environment. framework critically evaluates these suitability transformation, highlighting diversity their capabilities limitations. Although GEM-E3 model demonstrates high level alignment framework's criteria, none achieves full score any category, indicating potential areas for improvement. broader database's reveals issues such as limited accessibility, inadequate representation social aspects, insufficient geographical coverage. Additionally, notes general lack transparent information concerning features public literature. Concluding recommendations further research, underscores complexities comprehensive that effectively address multifaceted aspects Such advancements will assist making informed decisions towards transformation both environmentally economically sustainable.

Language: Английский

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Exploring the food-energy-water nexus in China's national industries: Insights from network structure and production disturbances

Sustainable Production and Consumption, Journal Year: 2023, Volume and Issue: 43, P. 377 - 388

Published: Dec. 1, 2023

Language: Английский

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A bibliometric review of climate change cascading effects: past focus and future prospects

Environment Development and Sustainability, Journal Year: 2023, Volume and Issue: unknown

Published: Dec. 5, 2023

Language: Английский

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An evaluation of the impact of China’s green credit policy on different pathways using a CGE model

Environmental Science and Pollution Research, Journal Year: 2024, Volume and Issue: 31(10), P. 15379 - 15397

Published: Jan. 31, 2024

Language: Английский

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Life expectancy and emission trading scheme: a case study in China

Environmental Science and Pollution Research, Journal Year: 2024, Volume and Issue: 31(16), P. 24536 - 24546

Published: March 5, 2024

Language: Английский

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The economic impacts of the European Union’s Carbon Border Adjustment Mechanism on developing countries: the case of Vietnam

Fulbright Review of Economics and Policy, Journal Year: 2024, Volume and Issue: 4(1), P. 1 - 17

Published: June 21, 2024

Purpose This paper aims to assess the economic impacts of European Union’s Carbon Border Adjustment Mechanism (CBAM) on Vietnam. Design/methodology/approach We constructed a general equilibrium model CBAM macroeconomic indicators also generic partial provide zoomed-in view impact each group CBAM-targeted commodities, which is not possible in model. Both and models were calibrated with publicly available data high number value sets hyperparameters estimate variations estimated impacts. Findings The results suggest that current form EU’s unlikely produce substantial effects overall economy Vietnam, mainly because commodities affected by it represent small portion Vietnam’s exports. However, at sectoral level, can reduce production outputs export values steel, aluminium, cement. Social implications itself may lead significant decreases greenhouse gas emissions, but could rationale for implementing carbon pricing strategies, might result more help reducing emissions. highlights necessity supplementary policies tackle global climate change. Originality/value evaluate both level zooming directly impacted groups commodities.

Language: Английский

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Economic and environmental effects of financing subsidies for non-conventional renewable energies with a carbon tax – A comparison of intersectoral models

Renewable Energy, Journal Year: 2023, Volume and Issue: 217, P. 119205 - 119205

Published: Aug. 19, 2023

Language: Английский

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Cost-effective energy development pathway considering air quality co-benefits under climate target: A case study of Anhui Province in China

Applied Energy, Journal Year: 2023, Volume and Issue: 353, P. 122039 - 122039

Published: Oct. 5, 2023

Language: Английский

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Carbon Border Adjustment Mechanism, Carbon Pricing, and Within-Sector Shifts: A Partial Equilibrium Approach to Vietnam's Steel Sector

Published: Jan. 1, 2023

Carbon pricing has recently gained further momentum from the European Union (EU)'s plan for Border Adjustment Mechanism (CBAM). The CBAM aims to align greenhouse gas (GHG) emission costs in imported products with those within EU. will affect foreign producers targeted sectors, incentivising them employ low-emission technology, and encouraging trading partners implement carbon akin EU's. Our study assesses potential impact of Vietnam's on country's steel sector, using a multi-technology, multi-trade-partner partial equilibrium model. results suggest that could significantly reduce exports EU while it is not sufficient shift production high-emission production. However, may nudge pricing, which can drive substantial transition accelerate clean energy, depending level price. provide important insights energy climate policy discussions relation border adjustment mechanisms pricing.

Language: Английский

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WITHDRAWN: Net of subsidies as a driver to tackle the negative impact of capital income tax on economic growth: A dynamic CGE application to CEMAC countries

Research Square (Research Square), Journal Year: 2024, Volume and Issue: unknown

Published: July 8, 2024

The full text of this preprint has been withdrawn by the authors due to author disagreement with posting preprint. Therefore, do not wish work be cited as a reference. Questions should directed corresponding author.

Language: Английский

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