Residential and commercial sectors - GRACE: Difference between revisions
Jump to navigation
Jump to search
Note: The documentation of GRACE is 'under review' and is not yet 'published'!
(Edited automatically from page GRACE setup.) |
Taoyuan Wei (talk | contribs) (Brief) |
||
| Line 1: | Line 1: | ||
{{ModelDocumentationTemplate | GRACE simulates consumption of one residential sector - private households. The residential sector consumes coal, oil, gas and electricity as well as other consumption goods, following a combination of a nested CES function. Commercial activities are included in the activities of the only sector of services, which use coal, oil, gas and electricity as well as other inputs, following a combination of a nested CES function.{{ModelDocumentationTemplate | ||
|IsDocumentationOf=GRACE | |IsDocumentationOf=GRACE | ||
|DocumentationCategory=Residential and commercial sectors | |DocumentationCategory=Residential and commercial sectors | ||
}} | }} | ||
Latest revision as of 05:47, 7 December 2020
GRACE simulates consumption of one residential sector - private households. The residential sector consumes coal, oil, gas and electricity as well as other consumption goods, following a combination of a nested CES function. Commercial activities are included in the activities of the only sector of services, which use coal, oil, gas and electricity as well as other inputs, following a combination of a nested CES function.
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 | |