IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v15y1990i3p301-324.html
   My bibliography  Save this article

3.1. Short and medium-term modeling and problems of models linkage

Author

Listed:
  • Capros, P.
  • Karadeloglou, P.
  • Mentzas, G.
  • Samouilidis, J.-E.

Abstract

In this paper we present the main theoretical and empirical issues encountered in the construction of a short/medium-term energy-economy linked system of models, namely the Hermes-Midas system. The paper focuses on the problems of model linkage and proposes a methodology. The Hermes-Midas Linked System covers all aspects of energy-economy simulation and policy analysis for European countries.

Suggested Citation

  • Capros, P. & Karadeloglou, P. & Mentzas, G. & Samouilidis, J.-E., 1990. "3.1. Short and medium-term modeling and problems of models linkage," Energy, Elsevier, vol. 15(3), pages 301-324.
    • Handle: RePEc:eee:energy:v:15:y:1990:i:3:p:301-324
    DOI: 10.1016/0360-5442(90)90092-G
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/036054429090092G
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/0360-5442(90)90092-G?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. John P. Weyant, 1985. "General Economic Equilibrium as a Unifying Concept in Energy-Economic Modeling," Management Science, INFORMS, vol. 31(5), pages 548-563, May.
    2. Edward A. Hudson & Dale W. Jorgenson, 1974. "U.S. Energy Policy and Economic Growth, 1975-2000," Bell Journal of Economics, The RAND Corporation, vol. 5(2), pages 461-514, Autumn.
    3. Carpos, P. & Karadeloglou, P. & Mentzas, G. N., 1989. "Energy policy extensions of KLE based macroeconomic models," Journal of Policy Modeling, Elsevier, vol. 11(4), pages 507-530.
    4. Capros, Pantelis & Samouilidis, Emmanuel, 1988. "Energy policy analysis," Energy Policy, Elsevier, vol. 16(1), pages 36-48, February.
    5. Ando, Albert K, et al, 1974. "On the Role of Expectations of Price and Technological Change in an Investment Function," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 15(2), pages 384-414, June.
    6. Eckstein, Otto & Green, Edward W & Sinai, Allen, 1974. "The Data Resources Model: Uses, Structure, and Analysis of the U.S. Economy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 15(3), pages 595-615, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jebaraj, S. & Iniyan, S., 2006. "A review of energy models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 10(4), pages 281-311, August.
    2. Wietschel, M. & Fichtner, W. & Rentz, O., 1997. "Integration of price-depending demand reactions in an optimising energy emission model for the development of CO2-mitigation strategies," European Journal of Operational Research, Elsevier, vol. 102(3), pages 432-444, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pierre-Alain Muet, 1979. "La modélisation macroéconomique : une étude de la structure et de la dynamique des modèles macroéconométriques," Économie et Prévision, Programme National Persée, vol. 40(1), pages 3-62.
    2. Liao, Hua & Wei, Yi-Ming, 2010. "China's energy consumption: A perspective from Divisia aggregation approach," Energy, Elsevier, vol. 35(1), pages 28-34.
    3. Nobuhiro Kiyotaki & Kenneth D. West, 2006. "Land Prices and Business Fixed Investment in Japan," Chapters, in: Lawrence R. Klein (ed.), Long-run Growth and Short-run Stabilization, chapter 12, Edward Elgar Publishing.
    4. Simon Gilchrist & John C. Williams, 2000. "Putty-Clay and Investment: A Business Cycle Analysis," Journal of Political Economy, University of Chicago Press, vol. 108(5), pages 928-960, October.
    5. Andrei Polbin & Sergey Drobyshevsky, 2014. "Developing a Dynamic Stochastic Model of General Equilibrium for the Russian Economy," Research Paper Series, Gaidar Institute for Economic Policy, issue 166P, pages 156-156.
    6. Simon Gilchrist & John Williams, 1998. "Investment, capacity, and output: a putty-clay approach," Finance and Economics Discussion Series 1998-44, Board of Governors of the Federal Reserve System (U.S.).
    7. Wissema, Wiepke & Dellink, Rob, 2007. "AGE analysis of the impact of a carbon energy tax on the Irish economy," Ecological Economics, Elsevier, vol. 61(4), pages 671-683, March.
    8. Pokrovski, Vladimir N., 2003. "Energy in the theory of production," Energy, Elsevier, vol. 28(8), pages 769-788.
    9. Mateo Cordier & Takuro Uehara & Jeffrey Weih & Bertrand Hamaide, 2017. "An Input-output Economic Model Integrated Within a System Dynamics Ecological Model: Feedback Loop Methodology Applied to Fish Nursery Restoration," Post-Print hal-04166569, HAL.
    10. Kostas Bithas, 2008. "Tracing operational conditions for the Ecologically Sustainable Economic Development: the Pareto optimality and the preservation of the biological crucial levels," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 10(3), pages 373-390, June.
    11. Zhai, Fan, 2007. "Armington Meets Melitz: Introducing Firm Heterogeneity in Global CGE Model of Trade," Conference papers 331646, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    12. Kuper, Gerard H., 1996. "The effects of energy taxes on productivity and employment: The case of the Netherlands," Resource and Energy Economics, Elsevier, vol. 18(2), pages 137-159, June.
    13. Philip D. Adams & Brian R. Parmenter & George Verikios, 2014. "An Emissions Trading Scheme for Australia: National and Regional Impacts," The Economic Record, The Economic Society of Australia, vol. 90(290), pages 316-344, September.
    14. repec:rri:wpaper:200611 is not listed on IDEAS
    15. Bischoff, Charles W. & Kokkelenberg, Edward C. & Terregrossa, Ralph A., 1990. "Tax Policy and Business Fixed Investment During the Regan Era," Staff Papers 121533, Cornell University, Department of Applied Economics and Management.
    16. Pierre-Alain Muet & Sanvi Avouyi-Dovi, 1987. "L'effet des incitations fiscales sur l'investissement," Revue de l'OFCE, Programme National Persée, vol. 18(1), pages 149-174.
    17. Henri Sterdyniak & Marie-Annick Boudier & Michel Boutillier & Françoise Charpin & Bruno Durand, 1984. "Le modèle trimestriel de l'OFCE," Revue de l'OFCE, Programme National Persée, vol. 9(1), pages 137-178.
    18. Mark Lasky, 2005. "Putty-Clay Capital and an Index of Capital per Hour: Working Paper 2005-08," Working Papers 16575, Congressional Budget Office.
    19. Nobuhiro Kiyotaki & Kenneth D. West, 1996. "Business Fixed Investment and the Recent Business Cycle in Japan," NBER Chapters, in: NBER Macroeconomics Annual 1996, Volume 11, pages 277-344, National Bureau of Economic Research, Inc.
    20. Mark Lasky, 2007. "Output, Investment, and Growth in a World of Putty-Clay: Working Paper 2007-07," Working Papers 18701, Congressional Budget Office.
    21. Hodjat Ghadimi, 2006. "An Optimal Depletion CGE Model: A Systematic Framework for Energy-Economy Analysis in Resource-based Economies," Working Papers Working Paper 2006-11, Regional Research Institute, West Virginia University.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:15:y:1990:i:3:p:301-324. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.