Malihe Ashena; Hossein Sadeqi; Ghazal Shahpari
Abstract
Improving energy efficiency is one of the most important energy policies in many countries. This study mainly focused on the economic and environmental effects of energy efficiency improvements in Iran’s electricity sector on Iran’s economy using a computable general equilibrium framework. ...
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Improving energy efficiency is one of the most important energy policies in many countries. This study mainly focused on the economic and environmental effects of energy efficiency improvements in Iran’s electricity sector on Iran’s economy using a computable general equilibrium framework. Furthermore, the potential benefits of carbon reduction were explored. The results showed that the most significant change occurred in the sectoral output. Other macroeconomic variables, such as GDP and export, also showed higher levels. Accordingly, it can be asserted that a combination of energy policies, such as carbon pricing and revenue recycling, that are aimed at improving energy efficiency can potentially have positive effects on both the economy and the environment. Therefore, energy efficiency improvements can be considered a cost-effective alternative to promoting sustainable development.
Fardin Farahnak; Majid Maddah; Abbas Shakeri
Abstract
Oil and Gas sector, with notable participation in national product and funding public expenditures, plays a seminal role in Iran's economy. Although there is a relative lag in providing proportionate supply, Iran stands at the highest rank of owning world's related proven reserves. Using a Computable ...
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Oil and Gas sector, with notable participation in national product and funding public expenditures, plays a seminal role in Iran's economy. Although there is a relative lag in providing proportionate supply, Iran stands at the highest rank of owning world's related proven reserves. Using a Computable General Equilibrium (CGE) model, this study was aimed to investigate the effects of the increase in the acquisition rate of Iran's oil and gas upstream affairs from oil revenues on GNP and public budget, which are supposed to help the government keep its main obligations often funded from oil revenues. By applying the 18% gain, instead of the current 14.5%, to the oil and gas upstream affairs, short-run recession against long-run booming effects would emerge. Accordingly, maintaining the initial level of either the Public Goods and Services (PGS) output or Government Financial Supports on PGS, GNP could boost up to 5% with over 15% of required contraction in the public budget. On the contrary, maintaining the initial level of either the Transfer Payments or Transfer Payments and Financial Supports on PGS (simultaneously), GNP would rise only 1%, due to the negligible required contraction in the public budget. Therefore, allocating more oil revenues to developing upstream affairs (even under the presence of the contemporary main obligations) is recommended due to its potential to spur notable growth in GNP.
Somayeh Jafari; Rasul Bakhshi Dastjerdi; Reza Moosavi Mohseni
Abstract
This paper estimates the effects of increase in Iran’s non-oil exports on its economic growth as well as sectoral outputs, using a single country, comparative static, exogenous policy Computable General Equilibrium (CGE) model. The paper also investigates the share of tradable sectors in reaching ...
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This paper estimates the effects of increase in Iran’s non-oil exports on its economic growth as well as sectoral outputs, using a single country, comparative static, exogenous policy Computable General Equilibrium (CGE) model. The paper also investigates the share of tradable sectors in reaching to the targeted growth rate (8%) in 5th socio-economic development plan. For this purpose, the parameters of the model are calibrated based on Iran’s Social Accounting Matrix (SAM) which carries a snapshot of the Iran’s economy. The model is then used to simulate the impact of increasing the exports uniformly across all sectors by 10, 20, and 30 percent on endogenous variables, including sectoral outputs, and GDP. Results suggest that 2.03% of targeted economic growth rate would be achieved by encouraging a 6% growth in exports. Our founding also indicates that industry and mine sector in Iran, would have more influence on growth than other non-oil sectors.