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Endogenizing GDP mode in GCAM V7

Open jiangyongye opened this issue 1 year ago • 0 comments

I conducted two different configurations using the same SSP (Shared Socioeconomic Pathways) scenarios, and I can confirm that the endogenizing GDP mode was enabled in both cases.

First, I examined the 'socioeconomic' section, specifically the 'GDP per capita PPP by region,' under the model interface. I found that these values were the same between the two scenarios.

However, I observed differences when analyzing the 'Social Accounting Matrix' tab. This raised a question regarding my understanding of the endogenizing GDP mode in GCAM.

For instance, if we have a GDP equation: GDP = A + B In Scenario 1, we have: GDP1 = A1 + B1 And in Scenario 2: GDP2 = A2 + B2

Is it accurate to say that the Endogenizing GDP mode does not calculate a new GDP(nothing to do with prescribed GDP) but rather computes the different compositions of a prescribed GDP? In other words, even if we use two different configurations with the same prescribed GDP input XML (GDP1 = GDP2), even if A1 is not equal to A2, B1 is not equal to B2, yet A1 + B1 equals B1 + B2?

This could explain why 'GDP per capita PPP by region values are the same but differ in the 'Social Accounting Matrix.'

Is my understanding correct?

jiangyongye avatar Jan 12 '24 14:01 jiangyongye