Trade - ENV-Linkages
Corresponding documentation | |
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Previous versions | |
No previous version available | |
Model information | |
Model link | |
Institution | Organisation for Economic Co-operation and Development (OECD), France, https://www.oecd.org/. |
Solution concept | General equilibrium (closed economy) |
Solution method | Optimization |
Anticipation | The ENV-Linkages model is a recursive dynamic neo-classical general equilibrium model, meaning that decision-makers do not know the future when making a decision today. After it solves each period, the model then uses the resulting state of the world, including the consequences of decisions made in that period - such as resource depletion, capital stock retirements and installations, and changes to the landscape - and then moves to the next time step and performs the same exercise. |
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