Modular Applied General Equilibrium Tool (MAGNET)
MAGNET is based on the Global Trade Analysis Project (GTAP) model and focuses on the agricultural sector and the associated land use. It analyzes the impacts of food production and consumption on greenhouse gas emissions and loss of biodiversity. The MAGNET model covers the whole economy, including factor markets, and can be used in the analysis of rural development, bi- and multilateral trade negotiations, biofuel policies and European Union's Common Agricultural Policy (CAP). MAGNET's philosophy is to lower entry barriers for CGE analyses.
When to Use This Tool
This tool is most useful for development impacts assessments focused on:
Learn more about the topics for assessing the impacts of low-emission development strategies (LEDS).
Impacts of food production and consumption on greenhouse gas emissions and loss of biodiversity.
How to Use This Tool
None provided; Computable General Equilibrium (CGE)/economic modeling knowledge recommended
Level of Expertise
Economic, energy, agricultural, and land use data
Examples of how Modular Applied General Equilibrium Tool (MAGNET) has helped people assessing the impacts of low-emission development strategies in countries and regions:
This paper presents results from modeling labor, land use and capital in MAGNET: http://ageconsearch.umn.edu/bitstream/155705/2/FM%20WP47%20Factor%20Markets%20in%20GE%20Models.pdf