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100 _aWendling, Zachary A.
_954308
245 _aA Scalable Energy–Economy Model for State-Level Policy Analysis Applied to a Demand-Side Management Program/
_cZachary A. Wendling
260 _bSage,
_c2020.
300 _aVol.34, issue 4, 2020: (372-386p.)
520 _aOver the past two decades, states and cities implemented low-carbon energy development, renewable portfolio standards, demand-side management (DSM), renewable energy production incentives, green building requirements, regional carbon trading agreements, and other energy-based economic development initiatives. Yet the dearth of state-level and substate-level models makes it difficult to predict the effects of such actions. This article addresses this shortcoming by presenting the performance results of the new Indiana Scalable Economy and Energy Model (IN-SEEM)—a model utilizing a dynamic, simultaneous equations framework—and demonstrates the model’s capabilities with an analysis of electricity price increases from a DSM program in the state of Indiana. Overall performance of the model is strong, with high adjusted R2 values and low mean absolute percent errors for most of 30 endogenous variables. A DSM price increase analysis finds variation in impact across the state’s 10 major economic sectors and small changes in energy consumption.
650 _aEnergy–Economy Model
_954309
650 _aState-Level Policy
_954310
650 _aDemand-Side Management Program
_954311
700 _aWarren, David C.
_eCo-author
_954312
700 _aRubin, Barry M.
_eCo-author
_954313
700 _aCarley, Sanya
_eCo-author
_954314
700 _aRichards, Kenneth R.
_eCo-author
_954315
773 0 _010589
_916747
_dSage Publisher
_tEconomic development quarterly
856 _uhttps://doi.org/10.1177/0891242420937792
942 _2ddc
_cART
999 _c13453
_d13453