Economic activity - REMIND-MAgPIE
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Note: The documentation of REMIND-MAgPIE is and is not yet 'published'!| Corresponding documentation | |
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| Previous versions | |
| Model information | |
| Model link | |
| Institution | Potsdam Institut für Klimafolgenforschung (PIK), Germany, https://www.pik-potsdam.de/research/sustainable-solutions/models/remind. |
| Solution concept | |
| Solution method | |
| Anticipation | |
We base GDP inputs on the Shared Socio-economic Pathway (SSP) scenarios (KC and Lutz 2014; Dellink et al. 2015). By default, we apply the GDP scenarios from the OECD (https://secure.iiasa.ac.at/web-apps/ene/SspDb/dsd?Action=htmlpage&page=about). Individual projections are available for each of the five SSP scenarios. By default, we use SSP2 scenario data. To calibrate GDP, which is endogenous result of the growth engine in REMIND, we calibrate labor productivity parameters in an iterative procedure so as to reproduce the OECD's GDP reference scenarios. Within REMIND, GDP is measured in market exchange rates (MER).