Energy-Environment-Economy Global Macro-Economic (E3ME)

Region
Europe and Central Asia
Scale
National
Sub-national
Project-Level
Expertise Level
Practitioner
Resource Type
Analysis Tools
Inputs Needed
Demographic factors
Economic policy
World oil prices
Energy policy
Environmental policy
Outputs Provided
GDP and the aggregate components of GDP (household expenditure, investment, government expenditure and international trade)
sectoral output and GVA
prices
trade and competitiveness effects
consumer prices and expenditures
and implied household distributional effects
sectoral employment
unemployment
sectoral wage rates and labor supply
energy demand
by sector and by fuel
energy prices
CO2 emissions by sector and by fuel
other airborne emissions
material demands
Language
English
Developer or Source
Cambridge Econometrics

E3ME is a global sectoral econometric model used to analyze long-term energy and environment interactions within the global economy and to assess short- and long-term impacts of climate change policy. The model comprises the accounting framework of the economy coupled with balances for energy and material demands and environmental emission flows; detailed historical data sets; and an econometric specification of behavioral relationships in which short-term deviations move towards long-term trends.

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