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Provedor de dados:  AgEcon
País:  United States
Título:  Climate Change, Energy Demand and Market Power in a General Equilibrium Model of the World Economy
Autores:  Roson, Roberto
Bosello, Francesco
De Cian, Enrica
Data:  2007-07-27
Ano:  2007
Palavras-chave:  Climate Change
Energy
Computable General Equilibrium Models
Imperfect Competition
Resource /Energy Economics and Policy
D58
F12
Q43
Q54
Resumo:  Future energy demand will be affected by changes in prices and income, but also by other factors, like temperature levels. This paper draws upon an econometric study, disentangling the contribution of temperature in the determination of the annual regional demand for energy goods. Combining estimates of temperature elasticities with scenarios of future climate change, it is possible to assess variations in energy demand induced (directly) by the global warming. We use this information to simulate a change in the demand structure of households in a CGE model of the world economy, in a set of assessment exercises. The changing demand structure triggers a structural adjustment process, influencing trade flows, regional competitiveness of industries and regions, and welfare. We also consider the possible existence of imperfect competition in the energy markets, analyzing the impact of changes in energy demand with an alternative model version, in which energy industries are modeled as Cournot oligopolies
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  26946

http://purl.umn.edu/9095
Editor:  AgEcon Search
Relação:  Fondazione Eni Enrico Mattei (FEEM)>International Energy Markets Working Papers
IEM Nota di Lavoro 71.2007
Formato:  21

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