Stages Description


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NiGEM план работы над проектом



Stages

Description

Date

Timeline

Cost

Stage 1: Model template & expansion

1.1 Trade
• Re-calculation of all the trade matrices in the model and creation of all trade equations
• Removal of Uzbekistan from current regional definitions
• Addition of Uzbekistan to current world aggregates
1.2 Model template
• Addition of new country variables
• Create a dummy model based on regional template
• Create dummy forecast base
• Simulation tests to ensure model coherence maintained

Start October

1 month






Stage 2: Database expansion and data acquisition

2.1 Trade
• Re-calculation of historical trade matrices and creation of all trade equations
• Removal of Uzbekistan from current regional definitions
• Addition of Uzbekistan to current world aggregates
2.2 Data
• Sourcing of raw data to be used
• Modification of current transformation file to provide consistent historical model data
• Ensure forecast file coherence



November - December

2 months




Stage 3: Model estimation

• Using the data from 2.2, new equations based on the template chosen will be estimated and calibrated for use within the NiGEM framework
• Test model properties on a dummy base to finalise calibration

January – March (2023)

3 months




Stage 4: Forecast creation

• Creation of projected values for all new variables within the NiGEM framework
• Ensure forecast consistency for the forecasts of other countries both with and without Uzbekistan addition

April

1 month




Stage 5: Final simulation testing

  • Full review of standard tests using latest forecast base and Uzbekistan model

  • Full simulation review of all standard model tests to ensure the new country does not adversely affect the global model as a whole

May - June

2 months






Stage 6: Inclusion in climate model (Optional)

  • Reduced






















Total cost:


National Institutes Global Econometric Model (NiGEM) – Project Plan

Red: NIESR specific


Blue: extra support may be needed
Green: Included with subscription
Suggested project costs: Trade + model template: 5 days @ £895/day
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