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Documentation of the European Commission’s EU module of the Aglink-Cosimo model: 2021 version

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Abstract

This report documents the EU module of the European Commission’s version of the Aglink-Cosimo model. Aglink-Cosimo is a recursive-dynamic, partial equilibrium, multi-commodity market model of world agriculture developed by the Organisation for Economic Cooperation and Development (OECD) and the Food and Agriculture Organization of the United Nations (FAO) Secretariats in collaboration with some OECD member countries. The model is used to simulate the development of annual supply, demand and prices for the main agricultural commodities produced, consumed, and traded worldwide. Aglink-Cosimo covers 35 individual countries, 12 regional aggregates, and 29 market-clearing prices at the world level. At the EU level, the model is used to produce the report “EU agricultural outlook for markets, income and environment” (henceforth, EU Outlook).

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  • PIERALLI Simone & CHATZOPOULOS Thomas & ELLEBY Christian & PEREZ DOMINGUEZ Ignacio, 2022. "Documentation of the European Commission’s EU module of the Aglink-Cosimo model: 2021 version," JRC Research Reports JRC130965, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc130965
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    File URL: https://publications.jrc.ec.europa.eu/repository/handle/JRC130965
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    Keywords

    Aglink Cosimo; agricultural commodity markets; modelling; Outlook;
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