Population - POLES: Difference between revisions

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== Population ==
Population is an exogenous driver in POLES. The standard source used is the UN World Population Prospects (latest: 2015 revision), medium fertility scenario.


Population is an exogenous driver in POLES. The standard source used is the UN World Population Prospects (latest: 2012 revision).
The model distinguishes only one population group.
 
 
== GDP ==
 
GDP per capita is also exogenous and is derived from various international sources. Latest work used GDP assumptions from:
* latest IMF forecasts (for the short run)
* MIT and CEPII forecasts (for the longer run)
 
Consistency with population is checked.
 
An on-going work will allow to connect POLES to the marco-econometric model MAGE (CEPII institute / JRC) through an energy factor in the production function that will link dyamically GDP, energy intensity and energy prices.
 
All other economic activities variables (value added, mobility, surfacces, ...) are endogenously calculated in POLES.

Revision as of 19:50, 16 December 2016

Model Documentation - POLES

Corresponding documentation
Previous versions
Model information
Model link
Institution JRC - Joint Research Centre - European Commission (EC-JRC), Belgium, http://ec.europa.eu/jrc/en/.
Solution concept Partial equilibrium (price elastic demand)
Solution method SimulationRecursive simulation
Anticipation Myopic

Population is an exogenous driver in POLES. The standard source used is the UN World Population Prospects (latest: 2015 revision), medium fertility scenario.

The model distinguishes only one population group.