Objective
THIS WORK IS A CONTINUATION OF THE WORK CARRIED OUT UNDER THE INITIAL CONTRACT WITH TWO SPECIFIC POINTS OF EMPHASIS:
- EXAMINATION OF THE GENERAL PERFORMANCE OF THE MODEL BY SIMULATION OVER THE PERIOD OF APPRAISAL. CLASSICAL VARIANTS WILL BE STUDIED AND KEYNESIAN MULTIPLIERS CALCULATED ON THAT BASIS;
- FORECASTING: A REFERENCE PROJECTION TO 1990 WILL BE ESTABLISHED ON THE BASIS OF THE DATA OBSERVED BETWEEN 1980 AND 1984.
THE WORK WILL MAKE USE OF THE TROLL SOFTWARE EMPLOYED FOR SIMULATION WHEREAS THE BASE CONTRACT PROVIDES FOR THE USE OF TROLL FOR ECONOMETRIC FORECASTING.
THE RESEARCH WILL PROVIDE A COMPLETE SET OF EQUATIONS TO MAKE UP THE HERMES MODEL AND WILL GIVE AN ESTIMATE FOR PORTUGAL.
THIS ESTIMATE SHOULD ALLOW SUBSEQUENT INTERNATIONAL ESTIMATES TO BE MADE WITH PORTUGAL TAKEN INTO ACCOUNT IN CONJUNCTION WITH THE OTHER EUROPEAN COUNTRIES.
THE RESEARCH WILL ALSO GENERATE A SECTORAL PICTURE OF THE PORTUGUESE ECONOMY AT A LEVEL OF DETAIL NEVER BEFORE ACHIEVED IN THIS COUNTRY WHERE ENERGY IS GIVEN FULL CONSIDERATION FROM THE VIEWPOINT OF ITS ECONOMIC IMPACT.
THE PRODUCT SUPPLIED WILL BE HARMONIZED AT EUROPEAN LEVEL FROM THE ANGLES OF BOTH ACCOUNTING AND SECTORAL CLASSIFICATION AND COMPUTER SOFTWARE. INTERNATIONAL COMPARISONS AND DIRECT USE OF THE PORTUGUESE MODEL WITH THE OTHER MODELS WILL THUS BE IMMEDIATE.
Fields of science
Programme(s)
Topic(s)
Data not availableCall for proposal
Data not availableFunding Scheme
CSC - Cost-sharing contractsCoordinator
1649-023 LISBOA
Portugal