© Scott McDonald

GLOBE_RDYN

GLOBE_RDYN is a recursive dynamic development for the GLOBE family of models. GLOBE_RDYN uses a new directory structure that encompasses both the core comparative static version of GLOBE and the recursive dynamic components. The directories are:

• GLB*** (master directory with the *.gms file, the *.xlsx data file, the ‘dataload’*.inc file and optional *.gdx file
• Comparative static calibration directory - files used to calibrate the model
• Comparative static experiment directory - files used to run comparative static experiments
• Recursive dynamic calibration directory - files used to calibrate the RDYN BaU scenario
• Recursive dynamic experiment directory - files used to run recursive dynamic experiments

Recursive dynamic applications should run off any variant of the GLOBE model - so far only tested for GLOBE2 and GLOBE_LAB. This derives from the fact that in GAMS recursive dynamic applications can be implement through a ‘standard’ experiment file augmented with a LOOP over time.  Features include

• Endogenous updating of physical capital stocks with partial adjustment to returns by activity and region on capital
• Endogenous or exogenous updating of labour stocks based on expenditures on education or exogenous shocks
• Updating of all parameter calibrations - production, utility, trade, etc. functions - between solutions
• Exogenous updating of
• Activity and factor level productivities by region
• Population and dependency ratios
• etc
• All features in the comparative static variant of the GLOBE model used carry over to the RDYN applications

Downloads

Technical Document

User Guide