Macro-economy - COFFEE-TEA
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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 | The COFFEE model is solved through Linear Programming (LP). The TEA model is formulated as a mixed complementary problem (MCP) and is solved through Mathematical Programming System for General Equilibrium -- MPSGE within GAMS using the PATH solver. |
Anticipation |
The macroeconomic consistency of the COFFEE model is guaranteed by the implementation of the macroeconomic scenarios as input in the TEA model. The SSP database is used as the main data driver for demand growth and changes over the time horizon analyzed. Since the SSP2 interpretation is closely related to historical trends, they were used to determine the population and GDP growth throughout most scenarios.