Ashgate: European Centre Vienna: 527-556. Dynamic General Equilibrium Modelling for Forecasting and Policy. The approach used has the merit of being “technology-specific” as it treats technologies at an identifiable, descriptive level, and measurable level. It should be noted that the estimates were illustrative only, and intended to give some insights as to whether the impacts of new technologies were likely to be expenditure increasing or decreasing, rather than to accurately estimate the magnitude of those impacts.