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The Analysis of Accounting Multipliers: The NAMEA Approach in the Case of Catalonia

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  • Llop Llop, Maria
  • Pié Dols, Laia

Abstract

The aim of this paper is the analysis of the Catalan economy (2001) with the use of a National Accounting Matrix with environmental accounts (NAMEA) for the Catalan economy with 2001 data. We will focus on the analysis of the emission multipliers and we will also analyse the impact of a 10% reduction in greenhouse emissions on emission multipliers. This emission-reduction percentage would bring the Catalan economy into compliance with the maximum emissions level allowed by the Kyoto Protocol. We consider three possible scenarios that would allow this goal to be met. First, we will simulate a 10% reduction in regional emissions and a 5% drop in the endogenous income of the multipliers' model (production, factorial and private income). Second, we will simulate a 10% reduction in emissions and a 10% increase in endogenous income. Finally, we will simulate a 10% reduction in emissions and a 5% increase in endogenous income. Additionally, we will analyse the decomposition of the emission multipliers into own effects, open effects and circular effects to capture the different channels of the emission generation process. Keywords: NAMEA, emission multipliers, Kyoto Protocol.

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File URL: http://hdl.handle.net/2072/43861
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Bibliographic Info

Paper provided by Universitat Rovira i Virgili, Department of Economics in its series Working Papers with number 2072/43861.

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Date of creation: 2009
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Handle: RePEc:urv:wpaper:2072/43861

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Web page: http://www.urv.cat
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Keywords: Economia -- Aspectes ambientals; Catalunya; Medi ambient -- Despesa; 338 - Situació econòmica. Política econòmica. Gestió; control i planificació de l'economia. Producció. Serveis. Turisme. Preus;

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  1. de Haan, Mark & Keuning, Steven J, 1996. "Taking the Environment into Account: The NAMEA Approach," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 42(2), pages 131-48, June.
  2. Pyatt, F Graham & Round, Jeffery I, 1979. "Accounting and Fixed Price Multipliers in a Social Accounting Matrix Framework," Economic Journal, Royal Economic Society, vol. 89(356), pages 850-73, December.
  3. Llop, Maria & Pié, Laia, 2008. "Input-output analysis of alternative policies implemented on the energy activities: An application for Catalonia," Energy Policy, Elsevier, vol. 36(5), pages 1642-1648, May.
  4. Vaze, Prashant, 1999. "A NAMEA for the UK," Structural Change and Economic Dynamics, Elsevier, vol. 10(1), pages 99-121, January.
  5. Jian Xie, 2000. "An Environmentally Extended Social Accounting Matrix," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 16(4), pages 391-406, August.
  6. Ike, Toshihiro, 1999. "A Japanese NAMEA," Structural Change and Economic Dynamics, Elsevier, vol. 10(1), pages 123-149, January.
  7. Defourny, Jacques & Thorbecke, Erik, 1984. "Structural Path Analysis and Multiplier Decomposition within a Social Accounting Matrix Framework," Economic Journal, Royal Economic Society, vol. 94(373), pages 111-36, March.
  8. Morilla, Carmen Rodriguez & Diaz-Salazar, Gaspar Llanes & Cardenete, M. Alejandro, 2007. "Economic and environmental efficiency using a social accounting matrix," Ecological Economics, Elsevier, vol. 60(4), pages 774-786, February.
  9. Keuning, Steven J. & van Dalen, Jan & de Haan, Mark, 1999. "The Netherlands' NAMEA; presentation, usage and future extensions," Structural Change and Economic Dynamics, Elsevier, vol. 10(1), pages 15-37, January.
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