Economic activity - WITCH

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Model Documentation - WITCH

    Corresponding documentation
    Previous versions
    Model information
    Model link
    Institution European Institute on Economics and the Environment (RFF-CMCC EIEE), Italy, http://www.eiee.org.
    Solution concept General equilibrium (closed economy)
    Solution method Optimization
    Anticipation

    We calibrate Total Factor Productivity (TFP) to match the SSP baseline GDp projections in a no policy scenarios. In all other scenarios TFP is held constant and GDP reacts endogenously.

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