Infinite-Sum Modeling

Solutions

Natural resources

Work concentrates on water and land, and on how macro and resource policies affect allocation and efficiency.

Natural resources

Water

Topics include water pricing, allocation, efficiency, water-rights trading, and policy simulation. Water can enter a CGE model as a constraint on production and consumption, as a factor, as an intermediate input, or in a hybrid treatment.

Land

Standard CGE models typically distinguish agricultural and mining land. GTAP-AEZ adds land-use and cover types (agro-ecological zones). A finer treatment allocates land by function across industries—cropland to agriculture, forest land to forestry, and so on.