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GTAP Resource #7382 |
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"MANAGE Model Documentation" by van der Mensbrugghe, Dominique Abstract This document provides a complete model specification for the Mitigation, Adaptation and New Technologies Applied General Equilibrium (Manage) Model. Manage is a (recursive) dynamic single country computable general equilibrium (CGE) model designed to focus on energy, emissions and cli- mate change. In addition to the standard features of a single country CGE model, the Manage model includes a detailed energy specification that allows for capi- tal/labor/energy substitution in production, intra-fuel energy substitution across all demand agents, and a multi-output multi-input production structure. Furthermore, Manage is a dynamic model, using by and large the neo-classical growth specifica- tion. Labor growth is exogenous. Capital accumulation derives from savings/invest- ment decisions. The model allows for a wide-range of productivity assumptions that include autonomous improvements in energy efficiency that can differ across agents and energy carriers. Finally, the model has a vintage structure for capital that allows for putty/semi-putty assumptions with sluggish mobility of installed capital. |
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Public Access The Mitigation, Adaptation and New Technologies Applied General Equilibrium (1.1 MB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 1:05:45 PM