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Experiments with a Hybrid CGE-MARKAL Model

Abstract:
This paper summarizes the main features of a linked CGE-MARKAL model system capable of simulating the macro-level economy and micro-level technology detail of the transport sector. Emphasis is given to issues of calibration of such a hybrid system, with references provided to already published papers based on this research for coverage of other details.

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Energy Specializations: Energy Modeling – Other; Energy and the Economy – Energy as a Productive Input; Energy and the Economy –Economic Growth and Energy Demand; Energy and the Economy – Resource Endowments and Economic Performance; Energy and the Economy – Energy Shocks and Business Cycles

JEL Codes:
C59 - Econometric Modeling: Other
O13 - Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Q34 - Natural Resources and Domestic and International Conflicts
F44 - International Business Cycles

Keywords: Hybrid CGE-MARKAL model, Energy-economy models, EPPA model

DOI: 10.5547/ISSN0195-6574-EJ-VolSI2006-NoSI2-9


Published in Hybrid Modeling, Special Issue #2 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.