Economy
The
ASTRA model covers various elements related to the macro-economic aspects:
supply side, demand side (with a sophisticated investment module), an
input-output model (based on 25 economic sectors), employment and government
balance. In addition, two trade models are implemented: Intra-EU trade
and EU to rest-of-the-world trade.
ASTRA is able to simulate the impact on the macro-economic variables of various policies, like investments in technologies, transport and energy taxation, fleet renewal incentives.
Gross Domestic Product, employment, consumptions and investments are among the main economic outputs provided.
