Model scope and methods - IMACLIM: Difference between revisions
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The Imaclim-R model (Sassi et al., 2010 [[CiteRef::sassi2010im]]; Waisman et al., 2012[[CiteRef::waisman2012th]]), is a multi-region and multi-sector model of the world economy. It combines a Computable General Equilibrium (CGE) framework with bottom-up sectoral modules in a hybrid and recursive dynamic architecture. Furthermore, it describes growth patterns in second best worlds with market imperfections, partial uses of production factors and imperfect expectations. |
Revision as of 16:43, 12 October 2016
Corresponding documentation | |
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Previous versions | |
Model information | |
Model link | |
Institution | Centre international de recherche sur l'environnement et le développement (CIRED), France, http://www.centre-cired.fr., Societe de Mathematiques Appliquees et de Sciences Humaines (SMASH), France, http://www.smash.fr. |
Solution concept | General equilibrium (closed economy) |
Solution method | SimulationImaclim-R is implemented in Scilab, and uses the fonction fsolve from a shared C++ library to solve the static equilibrium system of non-linear equations. |
Anticipation | Recursive dynamics: each year the equilibrium is solved (system of non-linear equations), in between two years parameters to the equilibrium evolve according to specified functions. |
The Imaclim-R model (Sassi et al., 2010 sassi2010im; Waisman et al., 2012waisman2012th), is a multi-region and multi-sector model of the world economy. It combines a Computable General Equilibrium (CGE) framework with bottom-up sectoral modules in a hybrid and recursive dynamic architecture. Furthermore, it describes growth patterns in second best worlds with market imperfections, partial uses of production factors and imperfect expectations.