Land-use - ENV-Linkages: Difference between revisions
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{{ModelDocumentationTemplate | The supply side of the land market has two components. The first component provides the aggregate supply of land. The second step allocates aggregate land across different activities allowing for a nested CET structure, the possibility of perfect mobility, and the use of the adjusted CET that preserves land additivity. | ||
The aggregate land supply curve is allowed to have four shape - constant elasticity, a logistic curve with an upward asymptote, a generalized hyperbola also with an upward asymptote, and perfectly horizontal. {{ModelDocumentationTemplate | |||
|IsDocumentationOf=ENV-Linkages | |IsDocumentationOf=ENV-Linkages | ||
|DocumentationCategory=Land-use | |DocumentationCategory=Land-use | ||
}} | }} |
Latest revision as of 17:58, 26 September 2023
The supply side of the land market has two components. The first component provides the aggregate supply of land. The second step allocates aggregate land across different activities allowing for a nested CET structure, the possibility of perfect mobility, and the use of the adjusted CET that preserves land additivity.
The aggregate land supply curve is allowed to have four shape - constant elasticity, a logistic curve with an upward asymptote, a generalized hyperbola also with an upward asymptote, and perfectly horizontal.
Corresponding documentation | |
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Previous versions | |
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Model information | |
Model link | |
Institution | Organisation for Economic Co-operation and Development (OECD), France, https://www.oecd.org/. |
Solution concept | General equilibrium (closed economy) |
Solution method | Optimization |
Anticipation | The ENV-Linkages model is a recursive dynamic neo-classical general equilibrium model, meaning that decision-makers do not know the future when making a decision today. After it solves each period, the model then uses the resulting state of the world, including the consequences of decisions made in that period - such as resource depletion, capital stock retirements and installations, and changes to the landscape - and then moves to the next time step and performs the same exercise. |