Model Documentation - EPPA: Difference between revisions
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This document describes the Integrated Assessment Model EPPA, which stands for “Economic Projection and Policy Analysis,” in this version 6. More information—including a documentation of the system of equations—is available on the EPPA website<ref>https://globalchange.mit.edu/research/research-tools/human-system-model</ref>. | |||
The EPPA model provides projections of world economic development at a regional and sectoral level, including the economic implications of greenhouse gas (GHG) emissions, conventional air pollution, land-use change, food demand, and natural resource use. | |||
EPPA simulates the evolution of economic, demographic, trade and technological processes involved in activities that affect the environment. We use it to investigate the economic implications of a wide range of phenomena, including: | |||
* Climate and environmental impacts (e.g. changes in crop yields and human health) | |||
* Resource depletion and new technologies | |||
* Policies aimed at reducing emissions of GHGs and other pollutants | |||
* Policies aimed at limiting trade or land-use change | |||
* Deployment of specific technologies (e.g. wind power, solar power, carbon capture and storage, crop yield-enhancing technology) | |||
* Simulations of future emissions of GHGs and other pollutants as input for the MIT Earth System Model (MESM).<ref>https://agupubs.onlinelibrary.wiley.com/doi/10.1029/2018MS001277</ref> | |||
* Land-use change and cover as input for the MIT Earth System Model (MESM). | |||
The core model includes 18 global regions, but its framework has been applied with greater spatial, economic sector and household resolution for detailed studies. | |||
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Latest revision as of 17:09, 12 July 2022
This document describes the Integrated Assessment Model EPPA, which stands for “Economic Projection and Policy Analysis,” in this version 6. More information—including a documentation of the system of equations—is available on the EPPA website[1].
The EPPA model provides projections of world economic development at a regional and sectoral level, including the economic implications of greenhouse gas (GHG) emissions, conventional air pollution, land-use change, food demand, and natural resource use.
EPPA simulates the evolution of economic, demographic, trade and technological processes involved in activities that affect the environment. We use it to investigate the economic implications of a wide range of phenomena, including:
- Climate and environmental impacts (e.g. changes in crop yields and human health)
- Resource depletion and new technologies
- Policies aimed at reducing emissions of GHGs and other pollutants
- Policies aimed at limiting trade or land-use change
- Deployment of specific technologies (e.g. wind power, solar power, carbon capture and storage, crop yield-enhancing technology)
- Simulations of future emissions of GHGs and other pollutants as input for the MIT Earth System Model (MESM).[2]
- Land-use change and cover as input for the MIT Earth System Model (MESM).
The core model includes 18 global regions, but its framework has been applied with greater spatial, economic sector and household resolution for detailed studies.
Note: The documentation of EPPA is 'in preparation' and is not yet 'published'!| Corresponding documentation | |
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| 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 | |