Modular Applied GeNeral Equilibrium Tool (MAGNET)
The Modular Applied GeNeral Equilibrium Tool (MAGNET) it is an economy wide model that simulates production, demand, and trade globally across all economic sectors. We use MAGNET to assess agricultural policies and their impacts not only in the agriculture sector, but across the whole economy. MAGNET has a modular structure, which allows the model to be tailored to a wide range of applications.
The MAGNET consortium, led by LEI Wageningen UR, includes the Institute for Prospective Technological Studies (IPTS), which is an institute of the European Commission’s Joint Research Centre (JRC) and the Thünen-Institute (TI).