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| Hess, Peter; Berck, Peter. |
| Short Abstract A sophisticated computable general equilibrium model of the California economy tracks how regulatory costs, parameterized as enhanced capital and/or intermediate requirements for regulated industries, ripple through the economy as increased demand for compliance related inputs. Effects on statewide and sector-specific output, employment, factor payments, and trade balances are reported. Longer Abstract This paper uses a sophisticated computable general equilibrium model of the California economy to assess the economic impacts of various large-scale environmental regulations. The model, E-DRAM (Environmental-Dynamic Revenue Analysis Model) was build by the authors for the California EPA/Air Resources Board by modifying DRAM (Dynamic... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2002 |
URL: http://purl.umn.edu/19701 |
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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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