Liquid fuels - GRACE: Difference between revisions
Jump to navigation
Jump to search
(Edited automatically from page GRACE setup.) |
Taoyuan Wei (talk | contribs) (Brief) |
||
Line 1: | Line 1: | ||
{{ModelDocumentationTemplate | GRACE simulates production and consumption of two liquid fuels, i.e., crude oil and refined oil. Their production is simulated as nested CES functions of intermediate inputs and primary factors. The liquid fuels can be used by industries, electricity generation, and households.{{ModelDocumentationTemplate | ||
|IsDocumentationOf=GRACE | |IsDocumentationOf=GRACE | ||
|DocumentationCategory=Liquid fuels | |DocumentationCategory=Liquid fuels | ||
}} | }} |
Latest revision as of 05:32, 7 December 2020
GRACE simulates production and consumption of two liquid fuels, i.e., crude oil and refined oil. Their production is simulated as nested CES functions of intermediate inputs and primary factors. The liquid fuels can be used by industries, electricity generation, and households.
Corresponding documentation | |
---|---|
Previous versions | |
No previous version available | |
Model information | |
Model link | |
Institution | Center for International Climate Research (CICERO), Norway, https://cicero.oslo.no/en. |
Solution concept | General equilibrium (closed economy) |
Solution method | SimulationRecursive dynamic solution method |
Anticipation |