The Analysis of Accounting Multipliers: The NAMEA Approach in the Case of Catalonia
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.
|Date of creation:||2009|
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- 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 131-148, June.
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- Jian Xie, 2000. "An Environmentally Extended Social Accounting Matrix," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 16(4), pages 391-406, August.
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- 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 111-136, March.
- 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 850-873, December.
- Xie, Jian & Saltzman, Sidney, 2000. "Environmental Policy Analysis: An Environmental Computable General-Equilibrium Approach for Developing Countries," Journal of Policy Modeling, Elsevier, vol. 22(4), pages 453-489, July.
- 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.
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