2
$\begingroup$

I'm interested in modelling the effects of renewable energy investments and fossil fuel plant closures on the GDP using an energy-economy model of America's economy (eg. Nordhaus's RICE).

Any suggestions regarding the mathematical modelling aspects, or references (eg. papers) that are relevant? Currently I'm using this reference: "McKibbin, Morris, Wilcoxen, Cai: ``The Potential Role of a Carbon Tax in US fiscal reform"

Thanks for any help.

Improve this question
$\endgroup$

1 Answer 1

Reset to default
3
$\begingroup$

A useful starting-point would be Nordhaus's Nobel Prize Lecture, especially the sections headed Integrated Assessment Modelling and Mathematical Representation, and the references at the end of the Lecture.

For further details see the references at the end of the Wikipedia article on DICE model, which include GAMS and Excel versions of the RICE model (references 20 and 23).

Improve this answer
$\endgroup$
2
  • $\begingroup$ Thanks! The RICE paper is a good starting point: "A Regional Dynamic General-Equilibrium Model of Alternative Climate-Change Strategies". Are the DICE/RICE models available publicly? The links on Nordhaus's website are not working. williamnordhaus.com/dicerice-models $\endgroup$
    – Puraṭci Vinnani
    Sep 11, 2022 at 0:38
  • $\begingroup$ @PuraṭciVinnani I've edited my answer to respond to the question in your comment. $\endgroup$
    – Adam Bailey
    Sep 11, 2022 at 18:55

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge that you have read and understand our privacy policy and code of conduct.

Not the answer you're looking for? Browse other questions tagged or ask your own question.