Institute of Economic Structures Research (GWS MBH)Partner
Departments carrying out activities: Energy and Climate
The Institute of Economic Structures Research (GWS MBH) is a private, independent economic research and business and policy consultancy organization. Our goal is to provide objective, impartial, factual consultancy to aid social transformation and development processes. GWS MBH’ strengths are in documentation and analysis of these processes, with the aim of producing policy recommendations for political, business and social decision-makers. Our core activity is the development and application of data systems and empirical economic models which transparently model economic interdependencies at a range of scales. We work on a broad range of energy, climate and environmental economy and policy issues. The spectrum of our activities encompasses applied basic research, development of scenarios and forecasts, analysis of policy measures and political and business consultancy. Our analytical work is based on empirical models and methods which have been used both domestically and internationally for many years and are regularly updated. A key focus is on the macroeconomic analysis of different developments and policy options. In addition to modelling tools, GWS MBH has developed IMAGINE, a graphical user interface which enables our customers to run simulations autonomously and to access a comprehensive data inventory. See www.GWS MBH-os.com for more information.
GWS MBH has outstanding experience in modeling macro-economic effects on a regional, national and global scale. The set of macro-models already maintained in GWS MBH includes individual country models (Germany, Austria, Russia), and global models with explicit modeling of exports and imports, other core components of final demand (private and public sector consumption and investment), markets for goods and the labor market, for each country.
For more than 50 countries, the models are also divided into 48 goods categories in accordance with the latest OECD internationally harmonized input-output tables. Each national model is linked to an energy model, which determines energy conversion, energy generation and final demand for energy for 19 energy sources disaggregated by economic sector. The model takes into account technological trends and price dependencies. It comprehensively models international trade in energy sources.