Model PACE
ZEW Centre for European Economic Research

Model Description

The PACE Policy Analysis based on Computable Equilibrium model is a comparative-static multi-region, multisector CGE model. Primary factors of each region include labor capital and fossil fuel resources. Labor and capital are intersectorally mobile within a region but cannot move between regions. A specific resource is used in the production of fossil fuels (crude oil, coal and gas), resulting in upward sloping supply schedules.

Contact Persons

Andreas Loeschel
ZEW Centre for European Economic Research
L 7, 1
D-68161 Mannheim, Germany
+49 (621) 1235-186


Model Features Model Documentation