Agricultural economy/Description: Difference between revisions
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|Reference=Hertel, 1997; Britz, 2003; Armington, 1969; Huang et al., 2004; Helming et al., 2010; Banse et al., 2008; | |Reference=Hertel, 1997; Britz, 2003; Armington, 1969; Huang et al., 2004; Helming et al., 2010; Banse et al., 2008; | ||
|Description=<h2>Model description Agricultural economy and forestry</h2> | |Description=<h2>Model description Agricultural economy and forestry</h2> | ||
The MAGNET model ([[Woltjer et al., 2011]]) is based on the standard [[GTAP model]]([[Hertel, 1997]]), which is a multi-regional, static, applied computable general equilibrium ([[CGE]]) model based on neoclassical microeconomic theory. Although it covers the entire economy, there is a special focus on agricultural sectors. The MAGNET model is a further development of GTAP regarding land use, household consumption, livestock, food, feed and energy crop production, and emission reduction cost calculations. | The [[MAGNET model]] ([[Woltjer et al., 2011]]) is based on the standard [[GTAP model]] ([[Hertel, 1997]]), which is a multi-regional, static, applied computable general equilibrium ([[CGE]]) model based on neoclassical microeconomic theory. Although it covers the entire economy, there is a special focus on agricultural sectors. The MAGNET model is a further development of GTAP regarding land use, household consumption, livestock, food, feed and energy crop production, and emission reduction cost calculations. | ||
=== Demand and supply === | === Demand and supply === | ||
Revision as of 15:42, 16 December 2013
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