In this paper we show how IO equations for sector outputs and prices are used as part of a larger policy analysis modeling system for energy and climate-related studies. The IO framework is particularly useful because it can accommodate the analysis of both price and direct program expenditure impacts. We briefly discuss the advantages of including non-price programs in any serious climate policy or sustainable energy strategy. Further, we contend that the impacts on the economy from a set of price and program expenditure polices can be seen by comparing constructed IO tables for a future year, such as 2030, with and without these polices. We present the All Modular Industry Growth Assessment (AMIGA) modeling system which has the capability to forecast future IO table values.
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Keywords
- Deep Water Drilling
- Program Expenditure
- Carbon Charge
- Household Production Function
- Annual Energy Outlook
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Hanson, D.A., Laitner, J.A.“. (2009). Input-Output Equations Embedded Within Climate and Energy Policy Analysis Models. In: Suh, S. (eds) Handbook of Input-Output Economics in Industrial Ecology. Eco-Efficiency in Industry and Science, vol 23. Springer, Dordrecht. https://doi.org/10.1007/978-1-4020-5737-3_21
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