Model concept, solver and details - COFFEE-TEA: Difference between revisions

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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[[CiteRef::yang1996miteppa]][[CiteRef::paltsev2005emissions]] and on GTAPinGAMS[[CiteRef::rutherford1997gtapingams]].
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[[CiteRef::yang1996miteppa]][[CiteRef::paltsev2005emissions]] and on GTAPinGAMS[[CiteRef::rutherford1997gtapingams]].


The model is formulated as mixed complementary problem (MCP) and is solved through Mathematical Programming System for General Equilibrium -- MPSGE[[CiteRef::rutherford1999applied]] 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
The model is formulated as mixed complementary problem (MCP) and is solved through Mathematical Programming System for General Equilibrium -- MPSGE[[CiteRef::rutherford1999applied]] within [https://gams.com/ GAMS] using the PATH solver[[CiteRef::ferris2000co]]. 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
}}
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Revision as of 20:11, 18 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 modelyang1996miteppapaltsev2005emissions and on GTAPinGAMSrutherford1997gtapingams.

The model is formulated as mixed complementary problem (MCP) and is solved through Mathematical Programming System for General Equilibrium -- MPSGErutherford1999applied within GAMS using the PATH solverferris2000co. 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.

Alert-warning.png Note: The documentation of COFFEE-TEA is 'under review' and is not yet 'published'!

Model Documentation - COFFEE-TEA

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
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