Assessing the Effect of Oil Price Shock Using an Energy-Economy Decision Model with Technology Characteristics
Shih-Mo Lin 0, Chin-Wen Yang, Chung-Huang Huang
0Chung Yuan Christian University
Available Online October 2006.
- https://doi.org/10.2991/jcis.2006.95How to use a DOI?
- Oil price shock, energy decision model, technology characterictics, TaiSEND
- The significant jump in world crude oil price over the past year has raised great concern over the economic impact that such a price shock may bring about on Taiwan’s economy, which has been characterized by extremely high import-oil dependence. Previous analyses have been tackling similar issue from several different angles, but it has rarely been discussed from a complete view of interactions among industries, energy, and technology choices. This paper tries to fill this void by using an energy-economy decision model, TaiSEND, which is constructed specifically for energy shock and policy analysis. As an integrated top-down/bottom-up CGE model, TaiSEND has demonstrated to have advantage over other type of models in figuring out how the technology adoption decision may change under given world crude oil price shocks.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Shih-Mo Lin AU - Chin-Wen Yang AU - Chung-Huang Huang PY - 2006/10 DA - 2006/10 TI - Assessing the Effect of Oil Price Shock Using an Energy-Economy Decision Model with Technology Characteristics PB - Atlantis Press SN - 1951-6851 UR - https://doi.org/10.2991/jcis.2006.95 DO - https://doi.org/10.2991/jcis.2006.95 ID - Lin2006/10 ER -