Agricultural economy/Description: Difference between revisions
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|AltText=Flow Diagram MAGNET | |AltText=Flow Diagram MAGNET | ||
|CaptionText=Flow diagram MAGNET | |CaptionText=Flow diagram MAGNET | ||
|Description= | |Description=<h2>Model description Agricultural economy and forestry</h2> | ||
The MAGNET model ([[van Meijl, 2006]]) is based on the standard GTAP model ([[Hertel, 1997]]), which is a multi-regional, static, applied computable general equilibrium ([[hasAcronym::CGE]]) model based on neoclassical microeconomic theory. MAGNET is a further development of GTAP regarding land use, private consumption, livestock, food, feed and energy crop production, and emission reduction cost curves. See [[Media:IMAGE-MAGNET coupling.png|coupling scheme]]. | The MAGNET model ([[van Meijl, 2006]]) is based on the standard GTAP model ([[Hertel, 1997]]), which is a multi-regional, static, applied computable general equilibrium ([[hasAcronym::CGE]]) model based on neoclassical microeconomic theory. MAGNET is a further development of GTAP regarding land use, private consumption, livestock, food, feed and energy crop production, and emission reduction cost curves. See [[Media:IMAGE-MAGNET coupling.png|coupling scheme]]. | ||
[[File:IMAGE-MAGNET coupling.png||thumb|right|240px|alt=Schematic representation of the scenario analysis with MAGNET, coupled to the IMAGE model|Schematic representation of the scenario analysis with MAGNET, coupled to the IMAGE model]] | [[File:IMAGE-MAGNET coupling.png||thumb|right|240px|alt=Schematic representation of the scenario analysis with MAGNET, coupled to the IMAGE model|Schematic representation of the scenario analysis with MAGNET, coupled to the IMAGE model]] | ||