Transport - GRACE: Difference between revisions
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Note: The documentation of GRACE is 'under review' and is not yet 'published'!
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Taoyuan Wei (talk | contribs) (Brief) |
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{{ModelDocumentationTemplate | 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. {{ModelDocumentationTemplate | |||
|IsDocumentationOf=GRACE | |IsDocumentationOf=GRACE | ||
|DocumentationCategory=Transport | |DocumentationCategory=Transport | ||
}} | }} | ||
Latest revision as of 05:43, 7 December 2020
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'!| Corresponding documentation | |
|---|---|
| Previous versions | |
| No previous version available | |
| Model information | |
| Model link | |
| 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 | |