Join GitHub today
GitHub is home to over 36 million developers working together to host and review code, manage projects, and build software together.Sign up
No description, website, or topics provided.
Fetching latest commit…
Cannot retrieve the latest commit at this time.
|Type||Name||Latest commit message||Commit time|
|Failed to load latest commit information.|
The model copyright belongs to Yongyang Cai (email@example.com), Alla Golub (firstname.lastname@example.org) and Thomas Hertel (email@example.com). When using this code, please cite the following paper: Cai, Y., A.Golub, and T.Hertel. Agricultural research spending must increase in light of future uncertainties (2017). Food Policy (70):71-83. https://doi.org/10.1016/j.foodpol.2017.06.002 Economic partial equilibrium model of global land use with endogenous agricultural R&D spending and Total Factor Productivity (TFP) is coded in RandD_det.gms. This economic model is used in Minimize Maximum Regret (MMR) procedure. Specifically, MMR_RandD_SSP.gms finds optimal R&D spending path and TFP for each of the five SSP scenarios, along with valuation of those regrets associated with wrong investment decisions. Then, the maximum regret is minimized to find a robust optimal R&D pathway that factors in uncertainties in future population, income and global surface temperature, and the long lag in productivity response to R&D. The regrets generated with these files are slightly different from those presented in the Food Policy paper due to some changes in exogenous trends.