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dc.contributor.authorJacoby, Henry D.
dc.contributor.authorReilly, John M.
dc.contributor.authorMcFarland, James R.
dc.contributor.authorPaltsev, Sergey.
dc.date.accessioned2004-07-20T14:56:37Z
dc.date.available2004-07-20T14:56:37Z
dc.date.issued2004-07
dc.identifier.urihttp://mit.edu/globalchange/www/abstracts.html#a111
dc.identifier.urihttp://hdl.handle.net/1721.1/5424
dc.descriptionAbstract in HTML and technical report in PDF available on the Massachusetts Institute of Technology Joint Program on the Science and Policy of Global Change website (http://mit.edu/globalchange/www/).en
dc.description.abstractPotential technology change has a strong influence on projections of greenhouse gas emissions and costs of control, and computable general equilibrium (CGE) models are a common device for studying these phenomena. Using the MIT Emissions Prediction and Policy Analysis (EPPA) model as an example, two ways of representing technology in these models are discussed: the sector-level description of production possibilities founded on social accounting matrices and elasticity estimates, and sub-models of specific supply or end-use devices based on engineering-process data. A distinction is made between exogenous and endogenous technical change, and it is shown how, because of model structure and the origin of key parameters, such models naturally include shifts in production process that reflect some degree of endogenous technical change. As a result, the introduction of explicit endogenous relations should be approached with caution, to avoid double counting.en
dc.description.sponsorshipThe CGE model underlying this analysis was supported by the US Department of Energy, Office of Biological and Environmental Research [BER] (DE-FG02-94ER61937), the US Environmental Protection Agency (X-827703-01-0), the Electric Power Research Institute, and by a consortium of industry and foundation sponsorsen
dc.format.extent278567 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoen_US
dc.publisherMIT Joint Program on the Science and Policy of Global Changeen
dc.relation.ispartofseries;Report no. 111
dc.titleTechnology and Technical Change in the MIT EPPA Modelen
dc.identifier.citationReport no. 111en


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