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Measuring Sustainable Development: The Use of Computable General Equilibrium Models

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  • Böhringer, Christoph
  • Löschel, Andreas

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. --

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Bibliographic Info

Paper provided by ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number 04-14.

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Date of creation: 2004
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Handle: RePEc:zbw:zewdip:2347

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Related research

Keywords: computable general equilibrium modeling (CGE); sustainability impact assessment (SIA); sustainable development (SD);

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  1. Vennemo, Haakon, 1997. "A dynamic applied general equilibrium model with environmental feedbacks," Economic Modelling, Elsevier, vol. 14(1), pages 99-154, January.
  2. Goulder Lawrence H., 1995. "Effects of Carbon Taxes in an Economy with Prior Tax Distortions: An Intertemporal General Equilibrium Analysis," Journal of Environmental Economics and Management, Elsevier, vol. 29(3), pages 271-297, November.
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Cited by:
  1. Kurt Kratena & Michael Wüger, 2008. "Combining a Demand System with the Household Production Approach. Modelling Energy Demand in Selected European Countries," WIFO Working Papers 311, WIFO.
  2. Lorenza Campagnolo & Carlo Carraro & Marinella Davide & Fabio Eboli & Elisa Lanzi & Ramiro Parrado, 2013. "Can Climate Policy Enhance Sustainability?," Working Papers 2013.10, Fondazione Eni Enrico Mattei.

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