Linking a Microsimulation Model to a Dynamic CGE Model: Climate Change Mitigation Policies and Income Distribution in Australia
Hielke Buddelmeyer (),
Nicolas Hérault,
Guyonne Kalb and
Mark van Zijll de Jong
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Hielke Buddelmeyer: Melbourne Institute of Applied Economic and Social Research
International Journal of Microsimulation, 2012, vol. 5, issue 2, 40-58
Abstract:
This paper extends the top-down framework developed by Robilliard et al. (2001) to link a computable general equilibrium (CGE) model to a microsimulation (MS) model. The proposed approach allows for the linking of an MS model to a dynamic (rather than static) CGE model. The approach relies on altering the sample weights in order to reproduce long-term population projections and changes in employment as estimated by the CGE model. The approach is applied to assess the effects of climate-change mitigation policies in Australia from 2005 to 2030 at five-yearly intervals.
Keywords: microsimulation; computable general equilibrium; climate change; income distribution (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (10)
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Persistent link: https://EconPapers.repec.org/RePEc:ijm:journl:v:5:y:2012:i:2:p:40-58
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