Economic activity - BLUES
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Corresponding documentation | |
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Previous versions | |
Model information | |
Model link | |
Institution | COPPE/UFRJ (Cenergia), Brazil, http://www.cenergialab.coppe.ufrj.br/. |
Solution concept | General equilibrium (closed economy) |
Solution method | Optimization |
Anticipation |
GDP growth rate projections are based largely on SSPs projections (Dellink et al 2015), with adjustments made for the short-term to reflect current economic activity in Brazil. Short-term projections are based on The Focus Bulletin published by the Brazilian Central Bank (BCB 2017). The GDP projection of the Reference scenario in BLUES is shown in the figure below.
References
BCB. (2017). Sistema de Expectativas de Mercado. Retrieved September 01, 2017, from https://www3.bcb.gov.br/expectativas/publico/consulta/serieestatisticas
Dellink, R., Chateau, J., Lanzi, E., Magné, B., 2015. Long-term economic growth projections in the Shared Socioeconomic Pathways. Glob. Environ. Chang. IN PRESS, 1–15. doi:10.1016/j.gloenvcha.2015.06.004