Modelling of climate indicators - GRACE
Climate indicators such as temperature and precipitation are introduced into GRACE as exogenous variables to disturb economics activities. The climate indicators are generally directly taken from results of other climate models.
More about the impact functions are referred to Aaheim et al. (2012) and Aaheim et al. (2016).
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|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|