Temporal dimension - REMIND-MAgPIE

From IAMC-Documentation
Revision as of 18:21, 22 February 2023 by Mathijs Harmsen (talk | contribs) (Reverted edits by Lavinia Baumstark (talk) to last revision by Rineke Oostenrijk)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

Model Documentation - REMIND-MAgPIE

Corresponding documentation
Previous versions
Model information
Model link
Institution Potsdam Institut für Klimafolgenforschung (PIK), Germany, https://www.pik-potsdam.de.
Solution concept General equilibrium (closed economy)MAgPIE: partial equilibrium model of the agricultural sector;
Solution method OptimizationMAgPIE: cost minimization;
Anticipation

REMIND-MAgPIE is an inter-temporal optimization model, solving for the perfect-foresight equilibrium of the world economy between the years 2005-2150. The spacing of time steps is flexible. In the default case, there are five-year time steps until 2060, ten-year time steps until 2100 and twenty-year time steps after that. We typically focus analysis on the time span 2005-2100, but run the model until 2150 to avoid distortions due to end effects.