Linking three market models to project Russian and Ukrainian wheat markets till 2030

Verena Wolf, Andre Deppermann, Andrzej Tabeau, Martin Banse (), Siemen van Berkum, Marlen Haß, Petr Havlik, George Philippidis, Petra Salamon and Monika Verma

No 245878, 155th Seminar, September 19-21, 2016, Kiev, Ukraine from European Association of Agricultural Economists

Abstract: Several economic models project global agricultural market developments. In each of these models, certain relevant aspects influencing agricultural markets are underrepresented. In order to overcome this, three economic models are linked to each other, namely GLOBIOM, AGMEMOD and MAGNET. The method to link these models consists of several parts: mapping, harmonization, data transfer, scenario development and successive model runs. The developed Model Junction Linkage Tool (MOJITO) facilitates and automates these parts. In addition to a common baseline scenario, two scenarios reflecting two important factors in the future development of wheat markets in Ukraine and Russia are analyzed. While the baseline results differ widely between the models the scenarios develop in a similar fashion.

Keywords: Agricultural and Food Policy; International Relations/Trade (search for similar items in EconPapers)
Pages: 24
Date: 2016-09-20
New Economics Papers: this item is included in nep-cis and nep-tra
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaa155:245878

DOI: 10.22004/ag.econ.245878

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