Modelling Sustainable Development

Modelling Sustainable Development

Transitions to a Sustainable Future

The Fondazione Eni Enrico Mattei series on Economics, the Environment and Sustainable Development

Edited by Valentina Bosetti, Reyer Gerlagh and Stefan P. Schleicher

This insightful book explores the issue of sustainable development in its more operative and applied sense. Although a great deal of research has addressed potential interpretations and definitions of sustainable development, much of this work is too abstract to offer policy-makers and researchers the feasible and effective guidelines they require. This book redresses the balance.

Chapter 10: A Hybrid Model: DEMETER

Reyer Gerlagh and Bob van der Zwaan

Subjects: economics and finance, environmental economics, environment, environmental economics


Reyer Gerlagh and Bob van der Zwaan This chapter describes the main features of the long-term dynamic top-down economy–energy–environment (EEE) model DEMETER,1 which has been used for the analysis of a number of climate change issues (see Gerlagh and van der Zwaan, 2003, 2004; Gerlagh et al., 2004; van der Zwaan et al., 2002; van der Zwaan and Gerlagh, 2006). The DEMETER version described here simulates fossil fuels and non-fossil energy, as well as a decarbonization option through carbon dioxide capture and storage (CCS), in addition to a simple climate module and generic production and consumption behaviour. DEMETER connects to both models of endogenous growth (such as Bovenberg and Smulders, 1996; Chakravorty et al., 1997) and to (top-down) models particularly focusing on energy and climate change (for example Buonanno et al., 2003; Goulder and Mathai, 2000). While DEMETER fits into the tradition of models like DICE (Nordhaus, 1994, 2002), it is clearly much richer in technological detail than Nordhaus’s pioneering top-down model. It shares the endogenization of technical change through learning curves with bottomup models as developed by Messner (1997) and reported in Nakićenović et al. (2000). In this sense, DEMETER is hybrid and especially useful for deriving insight for policy-making (Jaccard et al., 2003). Below, after a short introduction, brief descriptions are given of how DEMETER models the representative consumer, the final good producer, energy producers, technological change, climate change, and carbon dioxide capture and storage (CCS). 10.1 INTRODUCTION DEMETER models distinct time periods of...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information