An Integrated Environmental and Economic Modeling Framework for Technological Transitions
Randall Jackson ()
Working Papers from Regional Research Institute, West Virginia University
Abstract:
There is an increasing demand for models that address both environment and economy, and that also estimate or forecast the impacts of introducing new and markedly different technologies from those already existing in the systems under study. Because most conventional models are calibrated to recent data characterizing current economic structure and conditions, their standard turn-key operation will need to be replaced by more comprehensive algorithms and procedures designed to explicitly accommodate shifts in technology and economic structure. This paper lays out one viable alternative for integrating environmental and economic modeling frameworks, and focuses specifically on one of the major challenges to this kind of modeling, that of dovetailing life cycle assessment and input-output modeling frameworks.
Keywords: Environmental accounts and accounting; growth; developement; environmental issues; and changes; econometric and input-output models (search for similar items in EconPapers)
JEL-codes: Q56 R11 R15 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2014-02-17
New Economics Papers: this item is included in nep-agr and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:rri:wpaper:2014wp01
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