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- W4375859379 abstract "Computable general equilibrium (CGE) models provide valuable insights into economy-wide impacts of anticipated future structural changes in the transportation sector, yet few CGE models offer detailed transportation representations. We use an enhanced Applied Dynamic Analysis of the Global Economy (ADAGE) CGE model to incorporate disaggregated transportation modes and technologies in on-road passenger and freight transportation. We assess the impacts of these inclusions on U.S. transportation patterns, energy consumption and greenhouse gas emissions. Simulating illustrative global oil price cases with and without transportation detail, we find subsector mode disaggregation and technology additions in a CGE model significantly alter the impacts of oil prices on global trade and freight patterns, energy consumption, and greenhouse gas (GHG) emissions. We find that: (1) alternative technologies are essential for capturing transportation sector impacts, (2) electrification may reduce emissions with electricity decarbonization, and (3) higher oil prices may hasten electrification." @default.
- W4375859379 created "2023-05-10" @default.
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- W4375859379 date "2023-07-01" @default.
- W4375859379 modified "2023-09-27" @default.
- W4375859379 title "Insights from adding transportation sector detail into an economy-wide model: The case of the ADAGE CGE model" @default.
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- W4375859379 doi "https://doi.org/10.1016/j.eneco.2023.106710" @default.
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