Energy-oriented input-output model. Research Project 1366-1. [To 2000 AD]
An input-output model was developed to examine the structure of relationships between energy and the general economy, with these phases: (1) development of a base year (1972) model, (2) projection of a year 2000 model, and (3) projection of individual industry output. The base year model was derived from the BEA 496-sector model by aggregating nonenergy sectors, disaggregating energy sectors and putting transactions on a commodity-by-commodity basis. The year 2000 model was obtained by scaling base technical coefficients to account for energy conservation by industry in response to higher prices and major expected changes in technology. Individual industry outputs in dollars were projected on the basis of final demand forecasts obtained by combining several recent alternative forecasts. Total output was projected as 2.5 times the 1972 base level, all energy production as 1.4 the base level, and electricity output as 1.9 its base level. Dollar projections were converted to BTU for the energy sectors by applying a mixed BTU-dollar input-output table which, in practice, accurately accounted for conversion losses in electricity generation. In a final application, energy embodied in US imports were estimated as exceeding energy embodied in US exports, both in 1972 and projected to the year 2000.
- Research Organization:
- Resources for the Future, Inc., Washington, DC (USA)
- OSTI ID:
- 6587644
- Report Number(s):
- EPRI-EA-3625; ON: TI85920021
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
290100 -- Energy Planning & Policy-- Energy Analysis & Modeling
292000* -- Energy Planning & Policy-- Supply
Demand & Forecasting
AGRICULTURE
CARBONACEOUS MATERIALS
COAL
DATA
DATA COMPILATION
DEMAND
ELECTRIC POWER
ELECTRIC UTILITIES
ENERGY CONSUMPTION
ENERGY DEMAND
ENERGY MODELS
ENERGY SOURCES
FLUIDS
FORECASTING
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
HYDROELECTRIC POWER
INDUSTRY
INFORMATION
MATERIALS
NATURAL GAS
NUCLEAR POWER
NUMERICAL DATA
PETROLEUM
POWER
PRICES
PUBLIC UTILITIES
RENEWABLE ENERGY SOURCES
RESIDENTIAL SECTOR
SECTORAL ANALYSIS
THEORETICAL DATA
TRANSPORTATION SECTOR