@article{Diniz:332933,
      recid = {332933},
      author = {Diniz, Tiago and Ferreira-Filho, Joaquim Bento and  Horridge, Mark},
      title = {Economic and regional impacts of investments in  electricity generation in Brazil},
      address = {2018},
      year = {2018},
      note = {Presented at the 21st Annual Conference on Global Economic  Analysis, Cartagena, Colombia},
      abstract = {To accomplish climate agreements, Brazil intends to raise  the share of renewables, other than hydropower, in  electricity supply. According to the Brazilian Decennial  Energy Plan (PDE 2026), the country will expand its  installed capacity mostly by investments in gas, wind and  solar sources. However, areas suitable for those projects  are regionally concentrated and, in some cases, in the  poorest regions such as the Northeast. Hence, the expansion  of power supply also entails economic and regional issues.  We explore this topic analyzing the economic and regional  impacts of the investments in electricity generation, under  various policy scenarios provided by the PDE 2026. For  that, we apply a regional recursive-dynamic CGE model for  Brazil, TERM-BR10, specially enhanced to deal with  electricity features. Our results show that a supply plan  with more insertion of solar source could increase the  national GDP by 0.45% and by 2.3% in specific regions. They  also show that a scenario without new hydro dams does not  imply in economic loss, in terms of national GDP or  employment. We also came to the conclusion that policy  guidelines have welfare and distributive benefits, with  greater impact to poorest regions and low income  households.},
      url = {http://ageconsearch.umn.edu/record/332933},
}