The synthesis of bottom-up and top-down in energy policy modeling

  title={The synthesis of bottom-up and top-down in energy policy modeling},
  author={C. B{\"o}hringer},
  journal={Energy Economics},
  • C. Böhringer
  • Published 1998
  • Economics
  • Energy Economics
  • Abstract This paper shows how the complementarity format can be used in computable general equilibrium (CGE) modeling for a hybrid description of economy-wide production possibilities where energy sectors are represented by bottom-up activity analysis and the other production sectors are characterized by top-down regular functional forms typically belonging to the constant-elasticity-of-substitution (CES) family. The hybrid approach increases the credibility of CGE models in energy policy… CONTINUE READING
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