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The economic impact of the Green Certificate market through绿色证书市场的经济影响
v1 s1 u1 v2 s2 u2 v3 s3 u3 Df(1) Df(1) Df(1) Df(1) Df(1) a1 = v1Df(1) u1b1 0 = v2Df(1) 0 = v3Df(1) b1 =s1a1 Dx = u1b1 u1b1 Dx = u1s1a1v1Df(1) = a1v1’ V1’ Df1 Dx=b1u1 Dx2 Dx1 Df(1)=a1v1’ Df2 u1 Endogenous policy 1 Commento alla metodologia!!!!!!!!!!!!!!! Data Base I-O Table for the italian economy for the year 2005 (59x59 commodities) (ISTAT, 2007) Direct requirement of Renewable Energy (Energy balance, ISTAT, 2007) Hybrid Input-Output model Energy commodity is characterized by non unitary pricings Macro Multiplier approach Allows to identify the key structure of the exogenous variable Policies can be designed in monetary and physical terms * T * T * * * The economic impact of Green Certificate market through the Macro Multiplier approach M. Ciaschini, R. Pretaroli, F. Severini, C. Socci WIOD Conference, Wien – 26th 28th May, 2010 University of Macerata Which is the convenient composition of the policy control for the energy balance target? Policy on Renewable Energy affects the ratio between renewable energy output and total energy output, RNR energy ratio and the output and the value added Aim of the paper WIOD Conference, Wien – 26th 28th May, 2010 WIOD Conference, Wien – 26th 28th May, 2010 University of Macerata Which is the convenient composition of the policy control for the energy balance target? Outline WIOD Conference, Wien – 26th 28th May, 2010 University of Macerata The Italian Green Certificate scheme Methodology Input-Output Table and the Energy balance (ISTAT) Hybrid Input-Output model Macro Multiplier approach Simulations and Findings Which is the convenient composition of the policy control for the energy balance target? The Italian Green Certificate scheme WIOD Conference, Wien – 26th 28th May, 2010
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