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 |
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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: |
Computable general equilibrium
010504 meteorology & atmospheric sciences Computer science Partial equilibrium Best practice Model linking baseline scenario Linkage (mechanical) 010501 environmental sciences [SHS.ECO]Humanities and Social Sciences/Economics and Finance [SDE.ES]Environmental Sciences/Environmental and Society 01 natural sciences Data science Computable general equilibrium models [SHS]Humanities and Social Sciences law.invention law Partial equilibrium model Baseline (configuration management) 0105 earth and related environmental sciences |
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 |
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