Model concept, solver and details - COFFEE-TEA: Difference between revisions
Jump to navigation
Jump to search
(Edited automatically from page TEA setup.) |
(First words. Test. Must include references.) |
||
Line 1: | Line 1: | ||
{{ModelDocumentationTemplate | TEA (Total Economy Assessment) is a multi-regional and multi-sectorial CGE model that tracks the production and distribution of goods in a dynamic recursive setup for the global economy. The model is based on the MIT EPPA model<ref>[[yang1996miteppa]] | ||
</ref><ref>paltsev2005emissions</ref> and on GTAPinGAMS<ref>rutherford1997gtapingams</ref>. | |||
The model is formulated as mixed complementary problem (MCP) and is solved through Mathematical Programming System for General Equilibrium -- MPSGE<ref>rutherford1999applied</ref> within [https://gams.com/ GAMS] using the PATH solver. It assumes total market clearance (through commodity price equilibrium), zero profit condition for producers (with constant-returns-to-scale) and perfect competition to reach general equilibrium.{{ModelDocumentationTemplate | |||
|IsDocumentationOf=TEA | |IsDocumentationOf=TEA | ||
|DocumentationCategory=Model concept, solver and details | |DocumentationCategory=Model concept, solver and details | ||
}} | }} |
Revision as of 17:51, 13 December 2018
TEA (Total Economy Assessment) is a multi-regional and multi-sectorial CGE model that tracks the production and distribution of goods in a dynamic recursive setup for the global economy. The model is based on the MIT EPPA model[1][2] and on GTAPinGAMS[3].
The model is formulated as mixed complementary problem (MCP) and is solved through Mathematical Programming System for General Equilibrium -- MPSGE[4] within GAMS using the PATH solver. It assumes total market clearance (through commodity price equilibrium), zero profit condition for producers (with constant-returns-to-scale) and perfect competition to reach general equilibrium.
Corresponding documentation | |
---|---|
Previous versions | |
Model information | |
Model link | |
Institution | COPPE/UFRJ (Cenergia), Brazil, http://www.cenergialab.coppe.ufrj.br/. |
Solution concept | General equilibrium (closed economy) |
Solution method | The COFFEE model is solved through Linear Programming (LP). The TEA model is formulated as a mixed complementary problem (MCP) and is solved through Mathematical Programming System for General Equilibrium -- MPSGE within GAMS using the PATH solver. |
Anticipation |
- ↑ yang1996miteppa
- ↑ paltsev2005emissions
- ↑ rutherford1997gtapingams
- ↑ rutherford1999applied