Environmental, Social & Economic Impacts projects

Improving Global Computable General Equilibrium Models for Bioenergy Analysis

Global computable general equilibrium (CGE) modeling is a widely used tool in the academic community for evaluating both the social and environmental consequences of large scale bioenergy production. The main objective of our project is to review and improve the validity of existing global CGE models for bioenergy impact analysis. In policy modeling generally and CGE modeling in particular, the main intellectual challenge is to improve estimates through better calibration, reliability, and realism. This project responds to the need for a rigorous assessment of existing models that dominate the integrated assessment space, addressing data limitations and methodological uncertainties, particularly in modeling land and water resources and use.

project Highlights

2014 Highlights

Global computable general equilibrium (CGE) modeling is a widely used academic tool for researching the social and environmental consequences of large-scale bioenergy production. The main objective of our project, begun in 2014, is to strengthen the basis of evidence for applying these models to bioenergy impact evaluation. In policy modeling generally and CGE modeling in particular, the main intellectual challenge is to improve the intensive data resources needed to calibrate them, the structural parameter estimates they use to simulate behavior, and the relevance of scenarios they use to address policy issues. This project responds to these needs by addressing data limitations and methodological uncertainties, particularly in modeling land and water resources and use.

Publications

 


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