Document Type:Technical Results
This Product is publicly available
The personal transportation/electric vehicle penetration module (Transportation Module) of the U.S. Regional Economy, Greenhouse Gas, and Energy (US-REGEN) integrated regional macroeconomic model is a structural economic model of personal vehicle purchase and driving behaviors that focuses on the adoption of electric vehicles. The module employs a representation of consumers’ demographics, existing vehicles, vehicle choices, and preferences for vehicle characteristics to model personal vehicle purchase and driving behaviors.
The Transportation Module consists of an integrated set of equations and data that can connect to the US-REGEN macroeconomic model. These equations and data are brought together to characterize vehicle purchases, driving behaviors, fuel consumption, and emissions. The structural economic model can be calibrated to generate a realistic and internally consistent representation of baseline personal transportation conditions into the far future (decades). The module is partial equilibrium; counterfactual experiments can be conducted by specifying conditions that are different from baseline and then running the model. Electric vehicle adoption is modeled using econometric equations in a system dynamic framework.
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