English, , 3,688kb
OECD Economic Studies No. 19, Winter 1992. By modeling the decisions of households and firms, applied general equilibrium (AGE) models are able to capture the economic mechanisms that link, in each period of time, the available resource base to man-made emissions of CO2. The OECD Economics Department has developed a global dynamic AGE model with the objective of quantifying the economic effects of policies aimed at reducing
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This paper reports the results of several simulations with the OECD's GREEN model designed to quantify the economy-wide and global costs of a range of international agreements to curb carbon dioxide (CO2) emissions. OECD Economic Studies No. 19.
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This paper summarises the results of an exercise in comparing the properties and predictions of GREEN and five other global models that have been developed in major energy and applied economic research centres. OECD Economic Studies No. 19.