A Long-Term Macroeconomic Equilibrium Model for the European Community

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/1872 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/1872 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/1872 archive 351 disk0/00/00/18/47 2016-01-15 01:50:48 2021-08-27 17:10:40 2016-01-15 01:50:48 monograph show 2 Rogner H.-H. 7385 0000-0002-1045-9830 A Long-Term Macroeconomic Equilibrium Model for the European Community pub iis_ene iis_ecn iis_mod prog_enp MACRO, a highly aggregated, long-term, two-sector general equilibrium model, was developed to examine the energy-economy linkage in the context of the global energy study by the Energy Systems Program Group at IIASA. This report presents a version of MACRO calibrated for the European Community, focusing on model structure, model validation and testing, and four applications to the EC region over a 50-year planning period. The applications, based on a range of energy supply scenarios, examine such economic questions as the impact of rising energy costs on economic activity, the feasibility of common assumptions about price-induced conservation, and the impact of continued high energy levels of energy imports on the trade balance. 1982-04 published RR-82-013 RR-82-013 10 256 public research_report IIASA, Laxenburg, Austria 89 TRUE FALSE info:eu-repo/semantics/book