Incorporating different endogenous learning formulations in MERGE
Olivier Bahn, Socrates Kypreos
International Journal of Global Energy Issues, 2003, vol. 19, issue 4, 333-358
This paper presents the implementation of endogenous technological change, following either a one-factor or a two-factor learning curve, in the MERGE model. We have indeed developed a new version of this model, called MERGE-ETL, to analyse the dynamics of endogenous technological learning (ETL) in the energy system. This paper describes first the basic formulation of MERGE-ETL, then the solving techniques used for this model, and presents finally some numerical results in the context of policies designed to mitigate a global climate change.
Keywords: carbon control policies; endogenous technological change; MERGE; optimisation techniques. (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijgeni:v:19:y:2003:i:4:p:333-358
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