 A CGE-Analysis of Energy Policies Considering Labor Market Imperfections and Technology SpecificationsRobert Kuster, Ingo Ellersdorfer and Ulrich Fahl No 12035, Climate Change Modelling and Policy Working Papers from Fondazione Eni Enrico Mattei (FEEM) Abstract: The paper establishes a CGE/MPSGE model for evaluating energy policy measures with emphasis on their employment impacts. It specifies a dual labor market with respect to qualification, two different mechanisms for skill specific unemployment, and a technology detailed description of electricity generation. Non clearing of the dual labor market is modeled via minimum wage constraints and via wage curves. The model is exemplarily applied for the analysis of capital subsidies on the application of technologies using renewable energy sources. Quantitative results highlight that subsidies on these technologies do not automatically lead to a significant reduction in emissions. Moreover, if emission reductions are achieved these might actually partly result from negative growth effects induced by the promotion of cost inefficient technologies. Inefficiencies in the energy system increase unemployment for both skilled and unskilled labor. Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ags:feemcc:12035 Access Statistics for this paper More papers in Climate Change Modelling and Policy Working Papers from Fondazione Eni Enrico Mattei (FEEM) Contact information at EDIRC. |
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