Agricultural economy/Description: Difference between revisions

Revision as of 17:25, 18 December 2013

Parts of Agricultural economy/Description

Flowchart Agricultural economy. See also the Input/Output Table on the introduction page.

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 |Status=On hold
 |Reference=Hertel, 1997; Britz, 2003; Armington, 1969; Huang et al., 2004; Helming et al., 2010; Banse et al., 2008; Bruinsma, 2003;
-|Description=<h2>Model description Agricultural economy and forestry</h2>
+|Description=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 ===