Spatial dimension - IPETS
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Corresponding documentation | |
Previous versions | |
Model information | |
Model link | |
Institution | National Center for Atmospheric Research (NCAR), USA, https://ncar.ucar.edu/. |
Solution concept | |
Solution method | The economic problem is formulated as a three-level nested problem. The solution of these three sub-problems yield the dynamic capital path (investment/consumption trade-off in each simulation year), and factor and output prices which clear all factor and goods markets. |
Anticipation | Forward looking |