Abstract
The regional economic impact of biofuel production depends upon a number of interrelated factors: the specific biofuels feedstock and production technology employed; the sector’s embeddedness to the rest of the economy, through its demand for local resources; the extent to which new activity is created. These issues can be analysed using multisectoral economic models. Some studies have used (fixed price) Input-Output (IO) and Social Accounting Matrix (SAM) modelling frameworks, whilst a nascent Computable General Equilibrium (CGE) literature has also begun to examine the regional (and national) impact of biofuel development. This paper reviews, compares and evaluates these approaches for modelling the regional economic impacts of biofuels.
| Original language | English |
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| Publication status | Unpublished - 2010 |
| Event | 8th British Institute of Energy Economics Academic Conference - Oxford, United Kingdom Duration: 22 Sept 2010 → 23 Sept 2010 |
Conference
| Conference | 8th British Institute of Energy Economics Academic Conference |
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| Country/Territory | United Kingdom |
| City | Oxford |
| Period | 22/09/10 → 23/09/10 |
Keywords
- modelling
- regional economic impacts
- biofuels
- computable general equilibrium
- input-output
- social accounting matrix