31.12.2013 Views

The PROVIDE Project Standard Computable General Equilibrium ...

The PROVIDE Project Standard Computable General Equilibrium ...

The PROVIDE Project Standard Computable General Equilibrium ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<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 />

EXPENDITURE BLOCK<br />

EENTEQ<br />

⎛ ⎞ ⎛ ⎞<br />

1 EENT 1<br />

EENT = ⎜∑QENTDc*<br />

PQDc⎟+<br />

⎜∑hoentconsth⎟<br />

⎝ c<br />

⎠ ⎝ h<br />

⎠<br />

+ TYEADJ * tye*<br />

YE<br />

( )<br />

QGDEQ c QGDc<br />

= comgovconstc*<br />

QGDADJ<br />

c QGD c<br />

c<br />

VGDEQ<br />

⎛<br />

⎞<br />

1 VQGD 1<br />

VGD = ⎜ ∑ QGDc<br />

* PQDc<br />

⎟<br />

⎝ c<br />

⎠<br />

EGEQ<br />

⎛ ⎞ ⎛ ⎞<br />

1 EG 1<br />

EG = ⎜∑QGDc* PQDc⎟+<br />

⎜∑hogovconsth*<br />

HGADJ ⎟<br />

⎝ c<br />

⎠ ⎝ h<br />

⎠<br />

+ entgovconst * EGADJ<br />

( )<br />

QINVDEQ c QINVDc<br />

( IADJ * invconstc)<br />

INVEST INVEST = ( PQDc*<br />

( QINVDc + dstocconstc)<br />

)<br />

= c QINVD c<br />

c<br />

∑ 1 INVEST 1<br />

c<br />

© S. McDonald<br />

37

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!