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Macroeconomic, sectoral and financial dynamics in energy transitions: A stock-flow consistent, input-output approach

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  • Jackson, Andrew
  • Jackson, Tim

Abstract

This paper develops a stock-flow consistent, input-output (SFC-IO) model that is able to simulate a number of the risks and opportunities associated with different types of transitions to net zero. In particular, the model is able to capture transition related impacts stemming from changes in: i) green investment; ii) energy return on energy invested (EROI); and iii) financial transition risks. We use this model to simulate a number of different types of energy transitions (i.e. orderly versus disorderly, anticipated versus unanticipated) to better understand the potential links and feedback effects between these different transition features and how they might generate non-linear dynamics along the transition pathway.

Suggested Citation

  • Jackson, Andrew & Jackson, Tim, 2025. "Macroeconomic, sectoral and financial dynamics in energy transitions: A stock-flow consistent, input-output approach," Ecological Economics, Elsevier, vol. 230(C).
    • Handle: RePEc:eee:ecolec:v:230:y:2025:i:c:s092180092400404x
    DOI: 10.1016/j.ecolecon.2024.108507
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