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Energy transition and structural change: A calibrated Stock-Flow Consistent Input–Output model

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  • Pettena, Mattia
  • Raberto, Marco

Abstract

The energy transition involves structural changes in the economy. Green utilities increase their investments, while brown utilities and fossil fuel producers shrink. These developments affect supply chains in expansionary and contractionary ways, respectively, and generate multiplier and accelerator effects.

Suggested Citation

  • Pettena, Mattia & Raberto, Marco, 2025. "Energy transition and structural change: A calibrated Stock-Flow Consistent Input–Output model," Structural Change and Economic Dynamics, Elsevier, vol. 75(C), pages 949-995.
  • Handle: RePEc:eee:streco:v:75:y:2025:i:c:p:949-995
    DOI: 10.1016/j.strueco.2025.10.014
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    1. Hugo Bailly, 2026. "Green investment support measures: a multi-sectoral, macro-financial analysis for the European Union," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-05522653, HAL.

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    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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