While the computable general equilibrium (CGE) model is a well established tool used in economic analyses, it is often viewed as a blackbox because of the complexity of the model structure and the many assumptions made regarding the underlying calibration data and model parameters. To characterize the behavior of the CGE model, we perform a large-scale Monte Carlo experiment to examine its sens...

A global computable general equilibrium (CGE) model integrating detailed energy end-use technologies is developed in this paper. The paper (1) presents how energy end-use technologies are treated within the model and (2) analyzes the characteristics of the model’s behavior. Energy service demand and end-use technologies are explicitly considered, and the share of technologies is determined by a...

The recent economic sanctions against Russia can jeopardise the sustainability of European Union’s (EU) energy supply. Despite EU’s strong commitment to stringent abatement targets, fossil fuels still play a significant role in EU policy. Furthermore, high dependency on Russian supplies underlines vulnerability security. Using global computable general equilibrium model, we prove that current e...