Applied General Equilibrium Analysis of Renewable Energy Policies

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Applied General Equilibrium Analysis of Renewable Energy Policies

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d’Artis Kancs

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d'Artis Kancs

Abstract

In this paper we develop an applied general equilibrium framework for assessing socio-economic impacts of alternative renewable energy policies and apply it to the bioenergy sector. The policy scenarios are assessed in a comparative static analysis. The numerical simulation results allow us to assess and compare welfare and distributional impacts of alternative renewable energy policies. Our empirical findings suggest that the bioenergy sector in Poland would benefit most from an indirect tax reduction. According to our simulation results, reducing the fossil energy sectors’ subsidies would be the second best policy option.

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Paper provided by Economics and Econometrics Research Institute (EERI) in its series EERI Research Paper Series with number EERI_RP_2007_02.

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Length: 29 pages
Date of creation: Mar 2007
Date of revision:
Handle: RePEc:eei:rpaper:eeri_rp_2007_02

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Find related papers by JEL classification:
O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
P28 - Economic Systems - - Socialist Systems and Transition Economies - - - Natural Resources; Environment
Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply (the Commons)
Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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de Bovenberg, A Lans & Mooij, Ruud A, 1994. "Environmental Levies and Distortionary Taxation," American Economic Review, American Economic Association, vol. 84(4), pages 1085-89, September. [Downloadable!] (restricted)

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This page was last updated on 2009-11-4.

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