EconTrans in a nutshell
EconTrans offers an integrated perspective to address interlinked challenges: rapid GHG emission reduction, achieving the Sustainable Development Goals, and coping with fundamental transformations triggered by breakthrough technologies, from plus-energy buildings to self-driving electric cars. Enlarging the scope of conventional analysis by rethinking the indicators of well-being, extending the scope of resources and deepening the understanding of how well-being relates to planetary boundaries allow to derive recommendations for targeted policies.
The EconTrans modeling approach:
Deepened structural modeling for analyzing long-term economic transitions
1. Functionalities, as shelter, access and other life support describe the purpose of economic activities
![](https://stefan.schleicher.at/wp-content/uploads/2019/01/econtrans_1.png)
2. The list of resources is extended beyond conventional approaches
![](https://stefan.schleicher.at/wp-content/uploads/2019/01/econtrans_2.png)
3. For providing the desired functionalities, the interaction between the stocks and flows of resources is considered
![](https://stefan.schleicher.at/wp-content/uploads/2019/01/econtrans_3.png)
4. The basic modeling framework according to “Deepened structural modeling”
![](https://stefan.schleicher.at/wp-content/uploads/2019/01/econtrans_4.png)
5. The basic model is extended by additional hypotheses
- Interactions,
e.g. how functionalities respond to income of households - Price formations,
e.g. by reflecting the scarcity of resources - Distributional impacts,
e.g. by checking the impact of the distribution of stocks of resources
EconTrans
Exploring long-term economic transitions
Exploring long-term economic transitions
On the web
Learn more about the EconTrans project