Bioenergy - EPPA
Jump to navigation
Jump to search
Corresponding documentation | |
---|---|
Previous versions | |
No previous version available | |
Model information | |
Model link | |
Institution | Massachusetts Institute of Technology (MIT), USA, https://globalchange.mit.edu/. |
Solution concept | General equilibrium (closed economy) |
Solution method | Optimization |
Anticipation |
Bio-energy is derived from various crops, with the output levels determined by factor productivities and ultimately, land-use patterns, and ultimately the available land endowment. The supply of bio-energy is also limited by different types of resource competition, including those coming from meeting the food demand and from capital and labor that could be used in other sectors to seek higher returns.