A Global Approach to Energy and the Environment
By Warwick J. McKibbin, P. Wilcoxen. Handbook of Computable General Equilibrium Modeling, 2013
308 citations recorded by the source corpus.
G-Cubed is a multi-country, multi-sector, intertemporal general equilibrium model that has been used to study a variety of policies in the areas of environmental regulation, tax reform, monetary and fiscal policy, and international trade. It is designed to bridge the gaps between three areas of research – econometric general equilibrium modeling, international trade theory, and modern macroeconomics – by incorporating the best features of each. This chapter describes the theoretical and empirical structure of the model, summarizes its applications and contributions to the literature, and discusses two example applications in detail.
Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/2cc6391af4f5c6165394c19e6d61ce6b57931eaa
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In Economics and Econometrics
In Renewable Energy, Sustainability and the Environment
Citations in the corpus
- Modelling innovation and the macroeconomics of low-carbon transitions: theory, perspectives and practical use (2019, background): “Contemporary equilibrium theory can allow for partial employment, market imperfections, oligopolisitic competition (Dixon and Jorgenson 2013).”
- The role of money and the financial sector in energy-economy models used for assessing climate and energy policy (2015, background): “The Handbook of Computable General Equilibrium Modeling (Dixon and Jorgenson, 2013) describes in detail how these models work.”
- Global economic and environmental outcomes of the Paris Agreement (2020, unknown): “The G-Cubed model is documented in McKibbin and Wilcoxen (1999, 2013).”