Macro-economy - EPPA

Each period of EPPA forms an Arrow-Debreu type of model that is the basis of the general equilibrium theory. The recursive structure connects periods together through the evolution of endowments (see model scope and methods). Since the main application of EPPA is to provide long-term projections under some counterfactual scenarios rather than short-term business fluctuations, the model only focuses on the real variables of economies without considering the monetary markets and financial instruments.

Note: The documentation of EPPA is 'in preparation' and is not yet 'published'!

Model Documentation - EPPA
Model scope and methods - EPPA Model concept, solver and details - EPPA Temporal dimension - EPPA Spatial dimension - EPPA Policy - EPPA Socio-economic drivers - EPPA Population - EPPA Economic activity - EPPA Macro-economy - EPPA Production system and representation of economic sectors - EPPA Capital and labour markets - EPPA Monetary instruments - EPPA Trade - EPPA Technological change - EPPA Energy - EPPA Energy resource endowments - EPPA Fossil energy resources - EPPA Uranium and other fissile resources - EPPA Bioenergy - EPPA Non-biomass renewables - EPPA Energy conversion - EPPA Electricity - EPPA Heat - EPPA Gaseous fuels - EPPA Liquid fuels - EPPA Solid fuels - EPPA Grid, pipelines and other infrastructure - EPPA Energy end-use - EPPA Transport - EPPA Residential and commercial sectors - EPPA Industrial sector - EPPA Other end-use - EPPA Energy demand - EPPA Technological change in energy - EPPA Land-use - EPPA Agriculture - EPPA Forestry - EPPA Land-use change - EPPA Bioenergy land-use - EPPA Other land-use - EPPA Agricultural demand - EPPA Technological change in land-use - EPPA Emissions - EPPA GHGs - EPPA Pollutants and non-GHG forcing agents - EPPA Carbon dioxide removal (CDR) options - EPPA Climate - EPPA Modelling of climate indicators - EPPA Climate damages, temperature changes - EPPA Non-climate sustainability dimension - EPPA Air pollution and health - EPPA Water - EPPA Other materials - EPPA Other sustainability dimensions - EPPA Appendices - EPPA Mathematical model description - EPPA Data - EPPA References - EPPA
Corresponding documentation
AIM-Hub BLUES C3IAM COFFEE-TEA DNE21+ GCAM GEM-E3 GRACE IFs IMACLIM IMAGE MESSAGE-GLOBIOM POLES REMIND-MAgPIE TIAM-UCL WITCH
Previous versions
No previous version available
Model information
Model link	https://globalchange.mit.edu/research/research-tools/eppa
Institution	Massachusetts Institute of Technology (MIT), USA, https://globalchange.mit.edu/.
Solution concept	General equilibrium (closed economy)
Solution method	Optimization
Anticipation