Projects / Programmes
Slovenian GEM-E3 module for the analysis of economic consequences of GHG emissions abatement
| Code |
Science |
Field |
Subfield |
| 5.02.01 |
Social sciences |
Economics |
Economy sciences |
| Code |
Science |
Field |
| S180 |
Social sciences |
Economics, econometrics, economic theory, economic systems, economic policy |
internalisation of GHG emission costs, environmental policv, dvnamic general equilibrium model GEM-E3
Researchers (4)
Organisations (1)
| no. |
Code |
Research organisation |
City |
Registration number |
No. of publicationsNo. of publications |
| 1. |
0502 |
Institute for Economic Research |
Ljubljana |
5051690000 |
2,471 |
Abstract
Upon the Kyoto Protocol is Slovenia bounded to fulfill the commitments regarding the GHG emission reduction, i.e. by 8% below 1986 levels during the period 2008-2012. Therefore, it is necessary to analyze the consequences in time. Slovenia was among the first countries which introduce the tax on carbon dioxide emissions in 1997. As a member of EU, Slovenia tries to fulfill the goals also by using the flexible mechanism of emission trading.
Our research hypothesis is that with whatever national form of greenhouse costs internalisation (and internationally adjusted) firstly are changing and adapting the existing consumption and production patterns in direction of emission reduction, which secondarily affects the state of the industry. The last is the research topic, which should be an adequate bases for abatement of negative consequences of GHG costs internalization for the single sectors and for macroeconomic aggregates.
Relevance for science development and applied research: The theme of the research is in this moment very presented. In fact, there is a need that the economic extensions of GHG problems have to be found out and that expert groundwork has to be prepared for the assessment of costs and benefits, connected with GHG emission reductions, and of industrial consequences. The effects on industry are measuring with aggregate macroeconomic models, which simulate the consequences of the single measure and therefore guiding the development of the country and of the single branches into the desired, sustainable direction. We will studying, how the pursuing of Kyoto goals in Slovenia influences on GDP, export, import, investments, emplovment, including the sectoral consequences.
The key researching refers to the further development of the Slovenian module GEM-E3, recursive dynamic model of general equilibrium, which captures 23 mutually connected modules of EU countries, Swiss, and new EU members, including Slovenia, and to the use of the model for assessment of macro and sectoral consequences of C02 emission reduction. Model is multi-scenarios in view of choosing the economic mechanisms, using the gathered tax revenues and possibilities substitution among energy sources.
Our goal is the development (national adaptation) and the usage of methodology for evaluation of legislation effects and administrative solutions to GHG problems (or fulfilling the Kvoto targets), i.e. the further development of special Slovenian module of GEM-E3 and the use of the model for assessment of macro and sectoral consequences of carbon dioxide emission reduction.
