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Incorporating different endogenous learning formulations in MERGE

Olivier Bahn, Socrates Kypreos

International Journal of Global Energy Issues, 2003, vol. 19, issue 4, 333-358

Abstract: 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)
Date: 2003
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