An Integrated Approach to Modelling Energy Policy in South Africa: Evaluating Carbon Taxes and Electricity Import Restrictions
Channing Arndt,
Rob Davies,
Sherwin Gabriel (),
Konstantin Makrelov,
Bruno Merven,
Faaiqa Salie and
James Thurlow
No wp-2014-135, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
We link a bottom-up energy sector model to a recursive dynamic computable general equilibrium model of South Africa in order to examine two of the country's main energy policy considerations: (i) the introduction of a carbon tax and (ii) liberalization of import supply restrictions in order to exploit regional hydropower potential. Our results suggest substantial reductions in the country's greenhouse gas emissions when these two policy changes are jointly implemented (relative to business-as-usual baseline scenario).
Keywords: Carbon tax; Economic policy; Economic equilibrium; Macroeconomics; Renewable energy (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2014-135
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