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  1. The concept of "functionalities" in a macroeconomic modelling framework - insights for Austria
    EconTrans working paper #3
    Autor*in: Sommer, Mark; Köppl, Angela; Schleicher, Stefan; Bachner, Gabriel; Mayer, Jakob; Fischer, Laura; Steininger, Karl W.
    Erschienen: July 2021
    Verlag:  Österreichisches Institut für Wirtschaftsforschung, Wien

    In this paper we take up the challenge to integrate new aspects into macroeconomic modelling and to consider economic activities from an outcome-oriented perspective, so called functionalities. The basic idea is, that functionalities lie behind the... mehr

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    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 533
    Fernleihe:
    keine Fernleihe

     

    In this paper we take up the challenge to integrate new aspects into macroeconomic modelling and to consider economic activities from an outcome-oriented perspective, so called functionalities. The basic idea is, that functionalities lie behind the demand for commodities and services and therefore are the actual reason for economic activities. Functionalities describe (basic) human needs, such as housing, nutrition, or mobility, and are determinants of human well-being. A crucial aspect of functionalities is the interaction between stocks and flows. The paper presents the operationalisation of functionalities within the framework of an Input-Output (IO) model. Three extensions of the IOT are performed: Firstly, an appropriate allocation of energy supply, transformation and demand to sectors is made. This allows linking the monetary structure with physical units of the total energy and useful energy balances. Secondly, greenhouse gas emissions and other material consumption were additionally allocated to sectoral production. Thirdly, groups of goods of private and public consumption as well as exports were allocated to specific functionalities.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/237061
    Schriftenreihe: WIFO working papers ; 635 (2021)
    Umfang: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  2. Application of the concept of "functionalities" in macroeconomic modelling frameworks - insights for Austria and methodological lessons learned
    EconTrans working paper #4
    Autor*in: Bachner, Gabriel; Mayer, Jakob; Fischer, Laura; Steininger, Karl W.; Sommer, Mark; Köppl, Angela; Schleicher, Stefan
    Erschienen: July 2021
    Verlag:  Österreichisches Institut für Wirtschaftsforschung, Wien

    In order to meet the climate targets as set out in the Paris agreement - i.e., to stay "well below 2 °C" of global warming - a transformation of the socio-economic system towards climate neutrality is required. This transformation is connected to... mehr

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    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 533
    Fernleihe:
    keine Fernleihe

     

    In order to meet the climate targets as set out in the Paris agreement - i.e., to stay "well below 2 °C" of global warming - a transformation of the socio-economic system towards climate neutrality is required. This transformation is connected to radical changes in most aspects of our daily lives, especially with respect to mobility and housing. This poses the questions of how well-being might change due to these changes and ultimately how to quantitatively measure such changes. In the present paper we make a first steps towards answering these fundamental questions. We do so by making use of the concept of energy services, or "functionalities", which take a demand and sufficiency perspective. To quantify effects, we operationalise this concept by using and extending existing macroeconomic models (Input-Output and Computable General Equilibrium). In terms of results we provide standard economic indicators but contrast them with - in our view - more relevant indicators, such as a more comprehensive measure for well-being, as well as distributional effects and co-benefits. Our results clearly show increases in well-being emerging from the climate neutral transformation, whereas conventional indicators such as GDP are declining. We thus demonstrate the importance of looking at the "right" indicators, when assessing socio-economic effects of climate policy and at the same time provide a concrete alternative to state-of-the-art modelling approaches.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/237062
    Schriftenreihe: WIFO working papers ; 636 (2021)
    Umfang: 1 Online-Ressource (circa 93 Seiten), Illustrationen
  3. Macroeconomic implications of switching to process-emission-free iron and steel production in Europe
    Autor*in: Mayer, Jakob; Bachner, Gabriel; Steininger, Karl W.
    Erschienen: November 2017
    Verlag:  Department of Economics, Department of Public Economics, University of Graz, [Graz]

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Hinweise zum Inhalt
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Graz economics papers ; GEP 2017, 14
    Schlagworte: Iron and Steel; Process Emissions; Mitigation; CGE
    Umfang: 1 Online-Ressource (circa 47 Seiten), Illustrationen