Transport - GRACE

GRACE distinguish domestic and international transport.

Domestic transport in a region is divided into air, sea, and other transport activities, modeled as nested CES functions of energy use and other inputs.

Importing countries pay a price premium to the international transport sector. This price premium is determined by a fixed transport factor derived from the base year data. The supply of international transport services is depicted by a Cobb-Douglas aggregate of the service good from the individual regions. The Armington aggregate is then distributed between private, public, investment, and intermediate consumption.

Note: The documentation of GRACE is 'under review' and is not yet 'published'!

Model Documentation - GRACE
Corresponding documentation
AIM-Hub BLUES C3IAM COFFEE-TEA DNE21+ GCAM GEM-E3 GRACE IFs IMACLIM IMAGE MESSAGE-GLOBIOM POLES PROMETHEUS TIAM-UCL WITCH WITNESS
Previous versions
No previous version available
Model information
Model link	https://sites.google.com/view/taoyuanwei/home/grace
Institution	Center for International Climate Research (CICERO), Norway, https://cicero.oslo.no/en.
Solution concept	General equilibrium (closed economy)
Solution method	SimulationRecursive dynamic solution method
Anticipation