This sector of the model also attributes health, education, and work skills to the population classes.
For this purpose, the 57 economic sectors of the IO model were allocated to the 21 industries that are captured in the energy model.
The 57 sectors of the GTAP model have been aggregated into 22 sectors in this study.
Using the time series for multiregional final demand for the years 1995 and 2011 (EU DESIRE Project 2013), we determined historic sector-specific growth rates over these 16 years, which were used as proxy to determine future income elasticities to distribute the overall GDP growth in a country across the 163 sectors of the MRIO model (cf. section S1-1 in the Additional file 1).
Changes in these policies have an impact on the production and consumption decisions of sectors in the model.
See, among others, McGrattan (1998), Li (2002) or Cunado et al. (2009), for the standard one-sector version of the AK model, or Farmer and Lahiri (2006) who consider a two-sector extended version of the model.
In this context the German-based company European Space Innovation AG (former Adam Alva Neil)—highly experienced in the area of convergence activities between space and other sectors—has developed the model of regional convergence platforms (named 'SpaceInnovation').
And, in one of the scariest passages for a mere voting citizen to read, her huge willingness to swing the doors of governance open to the unaccountable, unelected private sector, following the model of the Clinton Global Initiative.
Adam et al. (1998) shows that the CGE model has two distinctive features; first, it incorporates a number of distinct sectors, and secondly, the model is characterized with a number of behavioral equations that deal with the response of industries and consumers against changes in relative prices.
"Bottom-up" means that each of the 57 sectors of the Austrian economy is modeled in great detail.
