Residential and commercial sectors - GRACE

GRACE simulates consumption of one residential sector - private households. The residential sector consumes coal, oil, gas and electricity as well as other consumption goods, following a combination of a nested CES function. Commercial activities are included in the activities of the only sector of services, which use coal, oil, gas and electricity as well as other inputs, following a combination of a nested CES function.

Note: The documentation of GRACE is 'under review' and is not yet 'published'!

Model Documentation - GRACE
Corresponding documentation
AIM-Hub BLUES C3IAM COFFEE-TEA DNE21+ GCAM GEM-E3 GRACE IFs IMACLIM IMAGE MESSAGE-GLOBIOM POLES PROMETHEUS REMIND-MAgPIE TIAM-UCL WITCH WITNESS
Previous versions
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Model information
Model link	https://sites.google.com/view/taoyuanwei/home/grace
Institution	Center for International Climate Research (CICERO), Norway, https://cicero.oslo.no/en.
Solution concept	General equilibrium (closed economy)
Solution method	SimulationRecursive dynamic solution method
Anticipation