The PROVIDE Project Standard Computable General Equilibrium ...
The PROVIDE Project Standard Computable General Equilibrium ...
The PROVIDE Project Standard Computable General Equilibrium ...
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<strong>PROVIDE</strong> <strong>Project</strong> Technical Paper 2003: 3 October 2003<br />
Name Equation Number of<br />
Equations<br />
Variable Number of<br />
Variables<br />
INCOME BLOCK<br />
YFEQ f<br />
YF ⎞<br />
f<br />
YF<br />
f<br />
f<br />
f<br />
= ⎜∑<br />
WFf * WFDIST<br />
f , a* FD<br />
f , a⎟+<br />
( factworf<br />
* ER)<br />
⎝ a<br />
⎠<br />
YFDISPEQ f YFDISPf = ( YFf −deprec f )*1 ( − ( TFADJ * tf<br />
f ))<br />
f YFDIST f<br />
f<br />
YHEQ h<br />
⎛ ⎞ ⎛ ⎞<br />
h YH<br />
h<br />
h<br />
YHh = ⎜∑hovashh, f<br />
* YFDISPf ⎟+<br />
⎜∑HOHOh,<br />
hp⎟<br />
⎝ f<br />
⎠ ⎝ hp ⎠<br />
+ hoentconsth + ( hogovconsth * HGADJ ) + ( howorh<br />
* ER)<br />
YEEQ<br />
⎛<br />
⎞<br />
1 YE 1<br />
YE = ⎜∑<br />
entvashf<br />
* YFDISPf<br />
⎟<br />
⎝ f<br />
⎠<br />
+ ( entgovconst * EGADJ ) + ( entwor * ER)<br />
YGEQ<br />
YG = MTAX + ETAX + STAX + ITAX + FTAX + DTAX<br />
1 YG 1<br />
⎛<br />
⎞<br />
+ ⎜∑<br />
govvash<br />
f<br />
* YFDISPf<br />
⎟+<br />
( govwor * ER)<br />
⎝ f<br />
⎠<br />
YFWOREQ<br />
f<br />
YFWORf = worvashf * YFDISP<br />
f<br />
f<br />
YFWOR f<br />
f<br />
TOTSAV = YH *1 − TYADJ * ty * SADJ * caphsh<br />
1 TOTSAV 1<br />
∑( ( h h ) ( h)<br />
)<br />
TOTSAVEQ<br />
( ( ))<br />
h<br />
⎛ ⎞<br />
+ ⎜∑<br />
deprec<br />
f ⎟+ CAPENT + CAPGOV + CAPWOR ER<br />
⎝ f ⎠<br />
( * )<br />
© S. McDonald<br />
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