https://www.iamcdocumentation.eu/history/Capital_and_labour_markets_-_GRACE?feed=atom 2026-05-01T10:39:25Z Revision history for this page on the wiki MediaWiki 1.39.15 https://www.iamcdocumentation.eu/index.php?title=Capital_and_labour_markets_-_GRACE&diff=14581&oldid=prev 2020-11-24T14:47:15Z

<p>updated</p> <table style="background-color: #fff; color: #202122;" data-mw="interface"> <col class="diff-marker" /> <col class="diff-content" /> <col class="diff-marker" /> <col class="diff-content" /> <tr class="diff-title" lang="en"> <td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">← Older revision</td> <td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">Revision as of 16:47, 24 November 2020</td> </tr><tr><td colspan="2" class="diff-lineno" id="mw-diff-left-l1">Line 1:</td> <td colspan="2" class="diff-lineno">Line 1:</td></tr> <tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>{{ModelDocumentationTemplate</div></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;">Economic growth is driven by investments, population growth, technological change and the availability of natural resources. Labour force growth is exogenously determined in the model and calibrated based on some population projection (e.g., World Bank). In the reference scenario, the real Gross Domestic Product (GDP) is exogenous and calibrated based on some economic growth projection (e.g., World Bank or OECD) by making labour productivity endogenous, i.e., a labour-augmenting technical change. Alternatively, the economic growth in the reference scenario could be calibrated by making total factor productivity endogenous (i.e., labour and capital). In policy simulations, factor endowment is scaled by the calibrated parameters of factor productivity and real GDP is endogenously determined within the model. Following the [https://globalchange.mit.edu/sites/default/files/MITJPSPGC_Rpt278.pdf MIT EPPA6 model] , we assume an annual autonomous energy efficiency improvement of 1.0% for non-electric sectors and 0.3% for the electric sector.</ins>{{ModelDocumentationTemplate</div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>|IsDocumentationOf=GRACE</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>|IsDocumentationOf=GRACE</div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>|DocumentationCategory=Capital and labour markets</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>|DocumentationCategory=Capital and labour markets</div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>}}</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>}}</div></td></tr> <!-- diff cache key iamcdb:diff::1.12:old-13785:rev-14581 --> </table>

Taoyuan Wei https://www.iamcdocumentation.eu/index.php?title=Capital_and_labour_markets_-_GRACE&diff=13785&oldid=prev 2020-08-03T17:41:45Z

<p>Edited automatically from page <a href="/GRACE_setup" title="GRACE setup">GRACE setup</a>.</p> <p><b>New page</b></p><div>{{ModelDocumentationTemplate<br /> |IsDocumentationOf=GRACE<br /> |DocumentationCategory=Capital and labour markets<br /> }}</div>

Mathijs Harmsen