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1 A Recursive Dynamic Computable General Equilibrium Model For ...

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Figure 5: The Private consumption nest for each household ‘h’ in ORANI-DYN<br />

Figure 6: The Tourism nest in ORANI-DYN<br />

Figure 7: CET Labour/Capital Allocation between agricultural and non-agricultural<br />

sub sectors<br />

Figure 8: Simple analytics of a quota<br />

Figure 9: Theoretical agricultural land supply curve<br />

Figure 10: The CET Land Allocation Tree in the Standard ORANI <strong>Model</strong><br />

Figure 11: A Modified 3 nested CET Land Allocation Tree<br />

Figure 12: UR Export Constraints for EU countries: A Partial <strong>Equilibrium</strong> Analysis<br />

Figure 13: Investment sensitivity to rates of return<br />

Figure 14: Supply and Demand for capital<br />

Table 1: List of crops covered by the GAEZ study.<br />

Table 2: Public sector accounts in Spain for 2005<br />

Figure A1: A Two-level nested production structure<br />

Figure B1: Schematic representation of the production nest.<br />

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