{"title":"Macroeconomic, sectoral and financial dynamics in energy transitions: A stock-flow consistent, input-output approach","authors":"Andrew Jackson, Tim Jackson","doi":"10.1016/j.ecolecon.2024.108507","DOIUrl":null,"url":null,"abstract":"This paper develops a stock-flow consistent, input-output (SFC-IO) model that is able to simulate a number of the risks and opportunities associated with different types of transitions to net zero. In particular, the model is able to capture transition related impacts stemming from changes in: i) green investment; ii) energy return on energy invested (EROI); and iii) financial transition risks. We use this model to simulate a number of different types of energy transitions (i.e. orderly versus disorderly, anticipated versus unanticipated) to better understand the potential links and feedback effects between these different transition features and how they might generate non-linear dynamics along the transition pathway.","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"36 1","pages":""},"PeriodicalIF":6.6000,"publicationDate":"2025-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Ecological Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1016/j.ecolecon.2024.108507","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECOLOGY","Score":null,"Total":0}
引用次数: 0
Abstract
This paper develops a stock-flow consistent, input-output (SFC-IO) model that is able to simulate a number of the risks and opportunities associated with different types of transitions to net zero. In particular, the model is able to capture transition related impacts stemming from changes in: i) green investment; ii) energy return on energy invested (EROI); and iii) financial transition risks. We use this model to simulate a number of different types of energy transitions (i.e. orderly versus disorderly, anticipated versus unanticipated) to better understand the potential links and feedback effects between these different transition features and how they might generate non-linear dynamics along the transition pathway.
期刊介绍：
Ecological Economics is concerned with extending and integrating the understanding of the interfaces and interplay between "nature''s household" (ecosystems) and "humanity''s household" (the economy). Ecological economics is an interdisciplinary field defined by a set of concrete problems or challenges related to governing economic activity in a way that promotes human well-being, sustainability, and justice. The journal thus emphasizes critical work that draws on and integrates elements of ecological science, economics, and the analysis of values, behaviors, cultural practices, institutional structures, and societal dynamics. The journal is transdisciplinary in spirit and methodologically open, drawing on the insights offered by a variety of intellectual traditions, and appealing to a diverse readership.
Specific research areas covered include: valuation of natural resources, sustainable agriculture and development, ecologically integrated technology, integrated ecologic-economic modelling at scales from local to regional to global, implications of thermodynamics for economics and ecology, renewable resource management and conservation, critical assessments of the basic assumptions underlying current economic and ecological paradigms and the implications of alternative assumptions, economic and ecological consequences of genetically engineered organisms, and gene pool inventory and management, alternative principles for valuing natural wealth, integrating natural resources and environmental services into national income and wealth accounts, methods of implementing efficient environmental policies, case studies of economic-ecologic conflict or harmony, etc. New issues in this area are rapidly emerging and will find a ready forum in Ecological Economics.
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