Economic evaluation of Colombia’s commitment at COP21

The document presents the economic impacts from the fulfillment of Colombia’s commitment of the Paris Agreement on climate change. The traditional analysis is done with marginal curves of abatement costs. However, this technique has a set of limitations, which can be solved with a computable general...

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Detalles Bibliográficos
Autores: Álvarez-Espinosa A.C., Ordóñez D.A., Nieto A., Wills W., Romero G., Calderón S.L., Hernández G., Argüello R., Delgado-Cadena R.
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2017
País:Colombia
Institución:Universidad del Rosario
Repositorio:Repositorio EdocUR - U. Rosario
Idioma:inglés
OAI Identifier:oai:repository.urosario.edu.co:10336/23844
Acceso en línea:https://doi.org/10.13043/dys.79.1
https://repository.urosario.edu.co/handle/10336/23844
Access Level:acceso abierto
Palabra clave:Climate change
Computable general equilibrium models
COP21 Paris
Mitigation
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spelling Economic evaluation of Colombia’s commitment at COP21Evaluación económica de los compromises de Colombia en el marco de COP21Álvarez-Espinosa A.C.Ordóñez D.A.Nieto A.Wills W.Romero G.Calderón S.L.Hernández G.Argüello R.Delgado-Cadena R.Climate changeComputable general equilibrium modelsCOP21 ParisMitigationThe document presents the economic impacts from the fulfillment of Colombia’s commitment of the Paris Agreement on climate change. The traditional analysis is done with marginal curves of abatement costs. However, this technique has a set of limitations, which can be solved with a computable general equilibrium (CGE) model. Using the CGE for Colombia (MEG4C), the results show that growth rate of GDP would increase by 0.15% annually, for the period 2020-2040. On the other hand, the structural unemployment rate is reduced by the implementation of mitigation measures in the medium and long term. Due to the economic structure and the emissions matrix, the implementation of measures should be associated with energy efficiency in the transport, industrial and residential sectors, which will generate positive impacts on economic growth. © 2017, Universidad de los Andes, Facultad de Economia. All rights reserved.Universidad de los Andes, Facultad de Economia20172020-05-26T00:05:57Zinfo:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://doi.org/10.13043/dys.79.11203584https://repository.urosario.edu.co/handle/10336/23844reponame:Repositorio EdocUR - U. Rosarioinstname:Universidad del Rosarioinstacron:Universidad del Rosarioenghttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85029485210&doi=10.13043%2fdys.79.1&partnerID=40&md5=50a37653e9bb30824ea257fd14cc73f7info:eu-repo/semantics/openAccess2022-05-02T07:37:21Z
dc.title.none.fl_str_mv Economic evaluation of Colombia’s commitment at COP21
Evaluación económica de los compromises de Colombia en el marco de COP21
title Economic evaluation of Colombia’s commitment at COP21
spellingShingle Economic evaluation of Colombia’s commitment at COP21
Álvarez-Espinosa A.C.
Climate change
Computable general equilibrium models
COP21 Paris
Mitigation
title_short Economic evaluation of Colombia’s commitment at COP21
title_full Economic evaluation of Colombia’s commitment at COP21
title_fullStr Economic evaluation of Colombia’s commitment at COP21
title_full_unstemmed Economic evaluation of Colombia’s commitment at COP21
title_sort Economic evaluation of Colombia’s commitment at COP21
dc.creator.none.fl_str_mv Álvarez-Espinosa A.C.
Ordóñez D.A.
Nieto A.
Wills W.
Romero G.
Calderón S.L.
Hernández G.
Argüello R.
Delgado-Cadena R.
author Álvarez-Espinosa A.C.
author_facet Álvarez-Espinosa A.C.
Ordóñez D.A.
Nieto A.
Wills W.
Romero G.
Calderón S.L.
Hernández G.
Argüello R.
Delgado-Cadena R.
author_role author
author2 Ordóñez D.A.
Nieto A.
Wills W.
Romero G.
Calderón S.L.
Hernández G.
Argüello R.
Delgado-Cadena R.
author2_role author
author
author
author
author
author
author
author
dc.subject.none.fl_str_mv Climate change
Computable general equilibrium models
COP21 Paris
Mitigation
topic Climate change
Computable general equilibrium models
COP21 Paris
Mitigation
description The document presents the economic impacts from the fulfillment of Colombia’s commitment of the Paris Agreement on climate change. The traditional analysis is done with marginal curves of abatement costs. However, this technique has a set of limitations, which can be solved with a computable general equilibrium (CGE) model. Using the CGE for Colombia (MEG4C), the results show that growth rate of GDP would increase by 0.15% annually, for the period 2020-2040. On the other hand, the structural unemployment rate is reduced by the implementation of mitigation measures in the medium and long term. Due to the economic structure and the emissions matrix, the implementation of measures should be associated with energy efficiency in the transport, industrial and residential sectors, which will generate positive impacts on economic growth. © 2017, Universidad de los Andes, Facultad de Economia. All rights reserved.
publishDate 2017
dc.date.none.fl_str_mv 2017
2020-05-26T00:05:57Z
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://doi.org/10.13043/dys.79.1
1203584
https://repository.urosario.edu.co/handle/10336/23844
url https://doi.org/10.13043/dys.79.1
https://repository.urosario.edu.co/handle/10336/23844
identifier_str_mv 1203584
dc.language.none.fl_str_mv eng
language eng
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dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidad de los Andes, Facultad de Economia
publisher.none.fl_str_mv Universidad de los Andes, Facultad de Economia
dc.source.none.fl_str_mv reponame:Repositorio EdocUR - U. Rosario
instname:Universidad del Rosario
instacron:Universidad del Rosario
instname_str Universidad del Rosario
instacron_str Universidad del Rosario
institution Universidad del Rosario
reponame_str Repositorio EdocUR - U. Rosario
collection Repositorio EdocUR - U. Rosario
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