Temporal dimension - REMIND-MAgPIE

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Model Documentation - REMIND-MAgPIE

    Corresponding documentation
    Previous versions
    Model information
    Model link
    Institution Potsdam Institut für Klimafolgenforschung (PIK), Germany, https://www.pik-potsdam.de.
    Solution concept General equilibrium (closed economy)MAgPIE: partial equilibrium model of the agricultural sector;
    Solution method OptimizationMAgPIE: cost minimization;
    Anticipation

    REMIND-MAgPIE is an inter-temporal optimization model, solving for the perfect-foresight equilibrium of the world economy between the years 2005-2150. The spacing of time steps is flexible. In the default case, there are five-year time steps until 2060, ten-year time steps until 2100 and twenty-year time steps after that. We typically focus analysis on the time span 2005-2100, but run the model until 2150 to avoid distortions due to end effects.