The NEMESIS model is a system of detailed sectoral models (30 economic sectors) developed for each country of the European Union, as well as for the United Kingdom, Norway, Iceland, and Switzerland. It is designed for quantitative foresight and the analysis of economic policies, in particular so-called “structural” policies whose effects materialise over the medium and long term (research, environment, energy, taxation, budget, etc.). In the medium to long term, countries’ macroeconomic trajectories result from strong interdependencies between sectors, including some that are highly dynamic (innovative industries, ICT sectors, etc.) and others where productivity gains are more gradual (education, real estate activities, etc.).
The model can be extended to include a detailed techno-economic representation of energy needs and climate change mitigation options.
👉 Technical description of the NEMESIS model’s economic core – PDF manual
👉 Scientific description of the model’s endogenous growth properties – https://doi.org/10.1007/978-3-030-71457-4_7
👉 Synthetic description of the model – https://iamparis.eu/models/47
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