Measuring Sustainable Development: The Use of Computable General Equilibrium Models
Christoph Böhringer and
Andreas Löschel
No 04-14, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research
Abstract:
This paper advocates computable general equilibrium models as a methodological tool that is particularly suitable for measuring the impacts of policy interference on the three dimensions of sustainable development, i.e. environmental quality, economic performance (gross efficiency) and equity. These dimensions are inherently intertwined and subject to trade-offs. Computable general equilibrium models can incorporate various important sustainable development indicators in a single consistent framework and allow for a systematic quantitative trade-off analysis.
Keywords: computable general equilibrium modeling (CGE); sustainability impact assessment (SIA); sustainable development (SD) (search for similar items in EconPapers)
JEL-codes: D58 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:2347
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