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Simulating the impact of new industries on the economy: The case of biorefining in Australia

Malik, A., Lenzen, M., Ely, R. N. & Dietzenbacher, E., Nov-2014, In : Ecological Economics. 107, p. 84-93 10 p.

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  • Simulating the impact of new industries on the economy The case of biorefining

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DOI

We investigate the economic and employment consequences of introducing a new sugarcane-based biofuel industry into Australia. We model the new biofuel industry on the production recipe of the existing large-scale gasoalcohol and alcohol sectors in the Brazilian economy. To this end we utilise a hybrid IO-LCA (input-output life cycle assessment) approach, which involves inserting data on new processes and/or sectors into an existing IO table. In particular, we develop and test an analytical and a numerical approach for re-balancing an IO table augmented with rows and columns representing large new biofuel industries. We quantify changes in economic output and employment in the Australian economy. We conclude that a future biofuel industry will be employment-positive for Australia. (C) 2014 Elsevier B.V. All rights reserved.

Original languageEnglish
Pages (from-to)84-93
Number of pages10
JournalEcological Economics
Volume107
Publication statusPublished - Nov-2014

    Keywords

  • Input-output analysis, Hybrid LCA, Biofuel, Ethanol, Sugarcane, Employment, ETHANOL-PRODUCTION, WIND POWER, EMISSIONS, BIOFUELS, MODEL, TECHNOLOGIES, INFORMATION, INVENTORY, SUGARCANE, FRAMEWORK

ID: 15869431