Impacts of Electricity Efficiency Improvements on Factors Market: A Computable General Equilibrium Approach

Haqiqi, Iman and Manzoor, Davood and Aghababaei, Mohammad (2013): Impacts of Electricity Efficiency Improvements on Factors Market: A Computable General Equilibrium Approach. Published in: Journal of Planning and Budgeting , Vol. 4, No. 17 (2013): pp. 25-44.

Abstract

The purpose of this paper is to study the “disinvestment effect” of a counterfactual economy-wide electricity efficiency improvement in Iran. The Researchers apply a computable general equilibrium model with special assumptions about given electricity price, heterogeneous labor market, wage rigidity and imperfect capital mobility between sectors. It was found that after a 10% electricity efficiency improvement, the capital stock declined by 9.53% and employment reduced by 9.48% in the electricity sector. Services, industries, and agriculture sectors had more capital and labor inflow respectively.

• Item Type: MPRA Paper
• Language: Persian
• Keywords: Electricity Conservation; Disinvestment; Labor Flow; Computable General Equilibrium; CGE
• Subjects: C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C68 - Computable General Equilibrium Models; D - Microeconomics > D2 - Production and Organizations > D24 - Production ; Cost ; Capital ; Capital, Total Factor, and Multifactor Productivity ; Capacity; D - Microeconomics > D5 - General Equilibrium and Disequilibrium > D58 - Computable and Other Applied General Equilibrium Models; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O33 - Technological Change: Choices and Consequences ; Diffusion Processes; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q43 - Energy and the Macroeconomy

References

شاهمرادي، اصغر؛ حقيقي، ايمان؛ زاهدي، راضيه؛ آقابابائی، محمد ابراهيم .1388. تحليل تاثير سياست هاي قيمتي در بخشهاي اقتصادي با تمركز بر آب و انرژي: رويكرد تعادل عمومي محاسبه پذير. گزارش نهايي طرح تحقيقاتي وزارت نيرو، ايران.

شاهمرادي، اصغر، منظور، داود؛ و حقيقي ايمان 1389، بررسي اثرات حذف يارانه آشكار و پنهان انرژي در ايران: الگو سازي تعادل عمومي محاسبه پذير بر مبناي ماتريس داده هاي خرد تعديل شده، فصلنامه مطالعات اقتصاد انرژي، شماره 26، صص 54-21.

منظور ، داود؛ آقابابائی، محمد ابراهيم؛ حقيقي، ايمان .1390. تحليل اثرات بازگشتی ناشی از بهبود كارايي در مصرف برق در ايران: الگوي تعادل عمومي محاسبه پذير. فصل نامه ی مطالعات اقتصاد انرژی، سال هشتم ،28، صص 24-1.

وزارت نيرو .1387. آمار و نمودارهاي انرژي در ايران و جهان 1386-2007، وزارت نيرو.

وزارت نيرو 1389، ترازنامه انرژی سال 1389، دفتر برنامهريزی كلان برق و انرژی.

Brookes, L. G., (1978). 'Energy Policy, the Energy Price Fallacy in the UK', Energy Policy, 6(2),pp 94 -106.

Brookes,L.G.,(2000).'EnergyEfficiencyFallaciesRevisited',EnergyPolicy,28(67-),pp .663- 553

Ghazizadeh, M.S.; Sheikh-El-Eslami, M.K.; Seifi, H.,(2007). 'Electricity Restructuring', Power and Energy Magazine, IEEE. Vol. 5(2),pp 16- 20.

Gre pperud, S. & Rasmussen, I. (2004). 'A General Equilibrium Assessment of Rebound Effects', Energy Economics, 26(2),pp 261–282.

Turner, K., (2009). 'Negative Rebound and Disinvestment Effects in Response to An ImprovementinEnergyEfficiencyintheUKEconomy'.EnergyEconomics.31,(5),pp 648 -666. Vikström, P., (2004). 'Energy Efficiency and Energy Demand: A Historical CGE Investigation on the Rebound Effect in the Swedish Economy 1957'. Umeå University. Umea, Sweden.

Washida, T., (2004).'Economy-Wide Model of Rebound Effect for Environmental Efficiency',InternationalWorkshoponSustainableConsumption,UniversityofLeeds.