IDEAS home Printed from https://ideas.repec.org/p/ags/pugtwp/332424.html
   My bibliography  Save this paper

Impacts of electric supply shortage in Japan simulated by the GTAP, GTAP-E and the revised GTAP-E models

Author

Listed:
  • Higashi, Akiko

Abstract

The growing risk of electric supply shortage in Japan has necessitated an urgent review of energy policy. As the magnitude of the impacts of electric supply shortage will be largely influenced by the development of energy substitution in industries, it is worthwhile to undertake simulations for different scenarios concerning energy substitution, to evaluate the impacts of electric supply shortage. Two models are used in the simulation: the GTAP and the GTAP-E model. The latter is an extended energy-environment version incorporating an energy substitution structure in the GTAP model. The simulation using the GTAP model considers a scenario without energy substitution, while that using the GTAP-E model considers one with energy substitution. Thus, the comparison of these simulation results indicates the effect of energy substitution on electric supply shortage. The purposes of this paper are two-fold. The first is to analyze the impacts of reduced electric power usage caused by electric supply shortage in Japan, using the GTAP and the GTAP-E models, based on the GTAP 8 database. The second is to compare the simulation results of the GTAP-E and the revised GTAP-E models, the latter of which was released in late 2012. This paper first discusses the methodology used to evaluate the impacts of electric supply shortage using the GTAP model. Second, it proposes a method to create a database for the GTAP-E and the revised GTAP-E models, by adopting a new regional and sectoral aggregation. Third, this paper compares and analyzes the simulation results of each model. The comparison of the simulation results of the GTAP and the GTAP-E models shows that the effect of energy substitution could be significant. The simulation results of the GTAP-E and the revised GTAP-E models are quite similar. Thus, it could be said that the revised GTAP-E model has improved many technical points of the original GTAP-E model, while maintaining its basic structure.

Suggested Citation

  • Higashi, Akiko, 2013. "Impacts of electric supply shortage in Japan simulated by the GTAP, GTAP-E and the revised GTAP-E models," Conference papers 332424, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:332424
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/332424/files/6536.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Francois, Joseph & Bradley McDonald, 1996. "Liberalization and Capital Accumulation in the GTAP Model," GTAP Technical Papers 310, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    2. Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. KAWASAKI Kenichi, 2010. "The Macro and Sectoral Significance of an FTAAP," ESRI Discussion paper series 244, Economic and Social Research Institute (ESRI).
    2. Khan, Aamir & Walmsley, Terrie & Mukhopadhyay, Kakali, 2019. "Trade Liberalization and Income Inequality: The Case for Pakistan," Conference papers 333125, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    3. Kawasaki, Kenichi, 2004. "The Impact of Free Trade Agreements in Asia," Conference papers 331231, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    4. Kym Anderson, 2016. "Agricultural Trade, Policy Reforms, and Global Food Security," Palgrave Studies in Agricultural Economics and Food Policy, Palgrave Macmillan, number 978-1-137-46925-0, December.
    5. Kym Anderson, 2003. "Measuring Effects of Trade Policy Distortions: How Far Have We Come?," The World Economy, Wiley Blackwell, vol. 26(4), pages 413-440, April.
    6. Achterbosch, Thom J. & Ben Hammouda, H. & Osakwe, Patrick N. & van Tongeren, Frank W., 2004. "Trade Liberalisation Under The Doha Development Agenda; Options And Consequences For Africa," Report Series 29104, Wageningen University and Research Center, Agricultural Economics Research Institute.
    7. Rivera, Luis & Rojas-Romagosa, Hugo, 2009. "Human Capital Formation and the Linkage between Trade and Poverty: The Cases of Costa Rica and Nicaragua," Conference papers 331887, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    8. Higashi, Akiko, 2016. "Analysis of the impact of the decline in crude oil imports on the Japanese economy," Conference papers 332701, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    9. Antoine Bouët & Simon Mevel & David Orden, 2007. "More or Less Ambition in the Doha Round: Winners and Losers from Trade Liberalisation with a Development Perspective," The World Economy, Wiley Blackwell, vol. 30(8), pages 1253-1280, August.
    10. Anderson, Kym, 2004. "Setting the Trade Policy Agenda: What Roles for Economists?," Working Papers 14574, International Agricultural Trade Research Consortium.
    11. Jensen, H.G. & Sandrey, R. & Vink, N., 2013. "The welfare impact of a Free Trade Agreement: ‘Cape to Cairo’," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 51(4), February.
    12. Boyer, Ivan & Schuschny, Andrés Ricardo, 2010. "Quantitative assessment of a free trade agreement between MERCOSUR and the European Union," Estudios Estadísticos 4774, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    13. Bekkers, Eddy & Rojas-Romagosa, Hugo, 2016. "Quantitative trade models and the economic assessment of TTIP," Conference papers 332769, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    14. Nelson B. Villoria, 2009. "China and the Manufacturing Terms-of-Trade of African Exporters," Journal of African Economies, Centre for the Study of African Economies, vol. 18(5), pages 781-823, November.
    15. Hertel, Thomas, 2013. "Global Applied General Equilibrium Analysis Using the Global Trade Analysis Project Framework," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 815-876, Elsevier.
    16. Kawasaki, Kenichi, 2015. "The relative significance of EPAs in Asia-Pacific," Journal of Asian Economics, Elsevier, vol. 39(C), pages 19-30.
    17. Kikuchi, Tomoo & Yanagida, Kensuke & Vo, Huong, 2018. "The effects of Mega-Regional Trade Agreements on Vietnam," Journal of Asian Economics, Elsevier, vol. 55(C), pages 4-19.
    18. Biyik, Onur, 2021. "Japan-AfCFTA Integration Through Economic Impacts of Alternative EPA Scenarios: Examination of the GTAP 10A MRIO Database," Conference papers 333265, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    19. Moreno ROMA & Paul HIEBERT, 2010. "Relative House Price Dynamics Across Euro Area and US Cities: Convergence or Divergence?," EcoMod2010 259600143, EcoMod.
    20. repec:ags:ijag24:345079 is not listed on IDEAS
    21. Raihan, Selim & Khondker, Bazlul Haque, 2010. "Doha Round Impacts on India: A Study in a Sequential Dynamic CGE Framework," Conference papers 331969, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:pugtwp:332424. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/gtpurus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.