Linking global CGE models with sectoral models to generate baseline scenarios: Approaches, opportunities and pitfalls

Autor: Ruth Delzeit, Dirk Willenbockel, Ruben Bibas, Timothy B. Sulser, Jean Chateau, Julien Lefevre, Robert Beach, Hugo Valin, Matthias Weitzel, Franziska Schuenemann, Florian Freund, Wolfgang Britz, Bas van Ruijven, Krzysztof Wojtowicz
Přispěvatelé: Centre International de Recherche sur l'Environnement et le Développement (CIRED), Centre de Coopération Internationale en Recherche Agronomique pour le Développement (Cirad)-École des hautes études en sciences sociales (EHESS)-AgroParisTech-École des Ponts ParisTech (ENPC)-Université Paris-Saclay-Centre National de la Recherche Scientifique (CNRS), Université Paris-Saclay, Chaire MPDD
Rok vydání: 2020
Předmět:
Zdroj: Journal of Global Economic Analysis
Journal of Global Economic Analysis, 2020, 5 (1), pp.162-195. ⟨10.21642/JGEA.050105AF⟩
DOI: 10.21642/jgea.050105af
Popis: International audience; When modelling medium and long-term challenges we need a reference path of economic development (the so-called baseline). Because sectoral models often offer a more fundamental understanding of future developments for specific sectors, many CGE modeling teams have adopted different kinds of linking approaches to sectoral models to generate baselines. We systematically compare and discuss approaches of linking CGE models for the baseline calibration procedure, and discuss best practices and pitfalls. We identify different types of linking approaches which we divide into a) links with partial equilibrium models, and b) links with non-economic models. These two types of linking approaches are then analyzed with respect to e.g. the degree of linkage, information exchanged, as well as compromises in aggregations and definitions. Based on this, we discuss potential drawbacks and conclude with suggestions for best practices and research recommendations.
Databáze: OpenAIRE