Assessing energy and economic impacts of large-scale policy shocks based on Input-Output analysis: Application to Brexit

Matteo V. Rocco, Zeus Guevara and Matthew Kuperus Heun

Applied Energy, 2020, vol. 274, issue C, No S0306261920308126

Abstract: The assessment of the prospective, economy-wide, economic and environmental impact of large-scale policy shocks is currently performed via general equilibrium models, relying on background input–output data usually characterized by a very aggregated definition of the energy conversion chain. Thus, such models are not always able to properly assess the impact of policy shocks on the energy conversion chain. On the other hand, empirical models based on physical data provide a detailed picture of the energy conversion chain but are unable to comprehensively address energy-economy interactions.

Keywords: Large-scale impact assessment; Policy assessment; Input-Output analysis; Multi-Factor Energy Input-Output model; Brexit (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (7)

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DOI: 10.1016/j.apenergy.2020.115300

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