General Equilibrium Model - Economy, Energy, Environment
Quality & Transparency
Quality
Model uncertainties
Models are by definition affected by uncertainties (in input data, input parameters, scenario definitions, etc.). Have the model uncertainties been quantified? Are uncertainties accounted for in your simulations?
- response
- yes
- details
- Policy uncertainty is covered by running several scenarios in a what-if fashion
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Sensitivity analysis
Sensitivity analysis helps identifying the uncertain inputs mostly responsible for the uncertainty in the model responses. Has the model undergone sensitivity analysis?
- response
- yes
- details
- Sensitivity of output results is done on ad-hoc basis
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Have model results been published in peer-reviewed articles?
- response
- yes
- details
- The output published in academic papers and presented on academic conferences have been reviewed by peers. In addition, separate versions of the model are run independently by JRC and NTUA / E3M-Lab in Athens, enabling comparison of findings and investigation of differences.
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- documents
Has the model formally undergone scientific review by a panel of international experts?
Please note that this does not refer to the cases when model results were validated by stakeholders.
- response
- no
- details
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Model validation
Has model validation been done? Have model predictions been confronted with observed data (ex-post)?
- response
- yes
- details
- As the model does not aim to predict the future, we mainly validate the model through results with our peer group. In addition, elasticity parameters are based on historical data to validate partial model responses, such as reactions to changes in energy prices
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Transparency
To what extent do input data come from publicly available sources?
This may include sources accessible upon subscription and/or payment
- response
- Entirely based on publicly available sources
Is the full model database as such available to external users?
Whether or not it implies a specific procedure or a fee
- response
- yes
- details
- The core data, GTAP, are publicly available (if purchased) Other major inputs like IEA energy balances etc. are as well. The input-output tables for future years are published and freely available for the GECO report (from 2018 onwards).
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Have model results been presented in publicly available reports?
Note this excludes IA reports.
- response
- yes
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Have output datasets been made publicly available?
Note this could also imply a specific procedure or a fee.
- response
- no
- details
- Output usually is published in Report and academic papers. More detailed output can be published upon request
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Is there any user friendly interface presenting model results that is accessible to the public?
For instance: Dashboard, interactive interfaces...
- response
- no
- details
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Has the model been documented in a publicly available dedicated report or a manual?
Note this excludes IA reports.
- response
- yes
- details
- documents
Is there a dedicated public website where information about the model is provided?
- response
- yes
Is the model code open-source?
- response
- no
- details
Can the code be accessed upon request?
- response
- no
- details