A global computable general equilibrium model is used to analyze the economic impacts of rising oil prices with endogenously determined availability of biofuels to mitigate those impacts. The negative effects on the global economy are comparable to those found in other studies, but the impacts are unevenly distributed across countries/regions or sectors. The agricultural sectors of high-income countries, which are relatively energy intensive, would...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2013/06/01
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Рабочий документ в рамках исследования вопросов политики
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WPS6515
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1
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1
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2013/06/01
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Disclosed
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How much does an increase in oil prices affect the global economy ? some insights from a general equilibrium analysis
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oil price
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