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Berck, Peter; Hess, Peter. |
This paper explains the development and implementation of a methodology for assessing the economic impacts of large-scale environmental regulations. The development process began with a literature review surveying channels through which environmental regulations might influence economic performance. Avenues deemed suitable were incorporated into a computable general equilibrium (CGE) model of the California economy. This model is based on the California Department of Finance's Dynamic Revenue Analysis Model (DRAM). Modifications to DRAM for the current project include a revised sectoring scheme that features industries of particular regulatory interest, revamped data matrices that accommodate this new sectoring scheme, a new air pollution module,... |
Tipo: Working or Discussion Paper |
Palavras-chave: Cge models; Environmental aspects; Environmental policy; Methodology; Regulations; Environmental Economics and Policy. |
Ano: 2000 |
URL: http://purl.umn.edu/43917 |
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Berck, Peter; Robinson, Sherman; Goldman, George E.. |
This paper discusses basic issues in project analysis and shows how these issues can be resolved in a computable general equilibrium (CGE) framework. The role of border prices and intersectoral linkages is explored. The CGE framework is compared to less comprehensive frameworks, including benefit-cost analysis, input-output models, multi-market models, and models based on social accounting matrices (SAMs). An illustrative CGE model of the southern portion of the San Joaquin Valley is constructed and is used to find the effects of reducing water inputs on aggregate Valley gross domestic product (GDP) and on sectoral output, employment, and land use. The model is also used to determine demand curves for water by the southern portion of the Valley, given... |
Tipo: Working or Discussion Paper |
Palavras-chave: Benefit-cost analysis; Cge models; Employment; Input-output analysis; Land utilization; Sam; Water supply. |
Ano: 1990 |
URL: http://purl.umn.edu/43668 |
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