The 2008 WITCH Model: New Model Features and Baseline
| dc.creator | Bosetti, Valentina | |
| dc.creator | De Cian, Enrica | |
| dc.creator | Sgobbi, Alessandra | |
| dc.creator | Tavoni, Massimo | |
| dc.date | 2017-04-01T14:09:00Z | |
| dc.date.accessioned | 2026-07-09T04:58:31Z | |
| dc.description | WITCH is an energy-economy-climate model developed by the climate change group at FEEM. The model has been extensively used in the past 3 years for the economic analysis of climate change policies. WITCH is a hybrid top-down economic model with a representation of the energy sector of medium complexity. Two distinguishing features of the WITCH model are the representation of endogenous technological change and the game–theoretic set-up. Technological change is driven by innovation and diffusion processes, both of which feature international spillovers. World countries are grouped in 12 regions which interact with each other in a setting of strategic interdependence. This paper describes the updating of the base year data to 2005 and some new features: the inclusion of non-CO2 greenhouse gases and abatement options, the new specification of low carbon technologies and the inclusion of reducing emissions from deforestation and degradation. | |
| dc.identifier | doi:10.22004/ag.econ.55284 | |
| dc.identifier | https://ageconsearch.umn.edu/record/55284/files/85-09.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/55284 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/557337 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/55284 | |
| dc.title | The 2008 WITCH Model: New Model Features and Baseline | |
| dc.type | Text |