Response measures models GTEM

GTEM

Name and contact of the organization

ABARE

GPO Box 1563, Canberra 2601 Australia

Tel: ++61 2 6272 2000

Fax: ++61 2 6272 2001

Description of model

GTEM is a dynamic multi-region, multi-sector general equilibrium model of the world economy.  The model  can be used to analyse all key aspects of the Kyoto Protocol, including carbon sinks, the clean development mechanism, and international emissions trading, including the banking of emissions quota and market power.  It can therefore be used for assessing the economic impacts of tax and emission trading schemes and diversification among economic sectors.

Particular relevance

The GTEM model is relevant in analysing the international socio-economic impacts of climate change mitigation policies (focusing on the Kyoto Protocol), including taxes and emission trading.

Coverage

World, split into 66 regions

Model applications

n/a

Organization's main area of research

Competitiveness of Australia’s industries.

Other projects / reseach

Research reports (http://www.abare.gov.au/publications_html/research/research_09/research_09.html ).