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GEM-E3 Model Documentation

Pantelis Capros, Van Regemorter Denise (), Leonidas Paroussos (), P Karkatsoulis (), C Fragkiadakis (), Stella Tsani (), I Charalampidis () and Tamas Revesz ()
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Van Regemorter Denise: Energy, Transport and Environment Centre for Economic Studies Katholieke Universiteit Leuven
P Karkatsoulis: National Technical University of Athens – ICCS – E3M Lab
C Fragkiadakis: National Technical University of Athens – ICCS – E3M Lab
I Charalampidis: National Technical University of Athens – ICCS – E3M Lab
Tamas Revesz: Corvinus University of Budapest

No JRC83177, JRC Working Papers from Joint Research Centre (Seville site)

Abstract: The computable general equilibrium model GEM-E3 has been used in a large set of climate policy applications supporting Commission policy proposals during the last decade, as well as in other environmental and economic policy areas. It can be considered a multi-purpose macroeconomic model, designed to estimate the effects of sector-specific policies on the economy as a whole. The main purpose of this publication is to provide extensive documentation of the model's equations and its underlying databases, in order to offer to the broader audience an accurate description of the model characteristics.

Keywords: Environmental economics; greenhouse gas emissions reduction; green tax reform; energy tax; energy-intensive sectors; competitiveness; multi-sectoral; computable general equilibrium model (CGE); scenario-building techniques; climate change impacts and adaptation assessment (search for similar items in EconPapers)
JEL-codes: C68 Q54 Q43 (search for similar items in EconPapers)
Pages: 158 pages
Date: 2013-07
New Economics Papers: this item is included in nep-cmp, nep-ene and nep-env
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