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MODELLING OF THE LUXEMBOURG ECONOMY.

Objective

THERE ARE THREE MAJOR BENEFITS:
- FOR THE FIRST TIME THE COMMISSION WILL ON COMPLETION OF THE CONTRACT HAVE MODELS FOR LUXEMBOURG COMPATIBLE WITH THE OTHER COMMUNITY MODELS;
- THE SCIENTIFIC QUALITY OF THE PROPOSED WORK IS OF A HIGH LEVEL AND COMMISSION PARTICIPATION WILL FACILITATE RAPID TECHNOLOGICAL PROGRESS IN A COUNTRY WHERE VERY LITTLE EXISTED BEFOREHAND;
- THE WORK WILL MAKE IT POSSIBLE TO SPECIFY A LARGE NUMBER OF ENERGY AND ECONOMIC DATA WHICH THE COMMISSION CURRENTLY HAS DIFFICULTY IN OBTAINING.

ADAPTATION OF THE ECONOMETRIC MODEL OF THE LUXEMBOURG ECONOMY TO THE SPECIFICATIONS OF THE EUROPEAN HERMES MODEL.
WRITING OF AN ENERGY DEMAND MODEL FOR LUXEMBOURG.
THESE TWO TASKS WILL BE CARRIED OUT BY BODIES ATTACHED TO THE MINISTRY FOR ECONOMIC AFFAIRS WHICH ARE FAMILIAR WITH THE CONCEPTS AND DEFINITIONS ADOPTED FOR THE COMMISSION MODELS. THE SAME COMPUTER SOFTWARE (TROLL) WILL BE USED.

Funding Scheme

CSC - Cost-sharing contracts

Coordinator

Ministère de l'Economie et des Classes Moyennes
Address

2013 Luxembourg
Luxembourg