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<br />
MARKET CLEARING BLOCK<br />
FMEQUIL f FS<br />
f<br />
= ∑ FD<br />
f FS<br />
f , a<br />
f<br />
a<br />
Number of<br />
Variables<br />
QEQUIL c QQc = QINTDc + QCDc + QENTDc + QGDc + QINVDc + dstocconstc<br />
c<br />
VFDOMDEQ<br />
⎛QCDc+ QENTDc+ QGDc+<br />
QINVDc⎞<br />
1 VFDOMD 1<br />
VFDOMD = ∑ PQD<br />
c<br />
* ⎜ ⎟<br />
c ⎝+<br />
dstocconstc<br />
⎠<br />
VENTDSHEQ VENTDSH = VENTD<br />
VFDOMD<br />
1 VENTDSH 1<br />
VGDSHEQ VGDSH = VGD<br />
VFDOMD<br />
1 VGDSH 1<br />
INVESTSHEQ INVESTSH = INVEST<br />
VFDOMD<br />
1 INVESTSH 1<br />
CAPENT CAPENT = YE − EENT<br />
1 CAPENT 1<br />
CAPGOVEQ CAPGOV = YG − EG<br />
1 CAPGOV 1<br />
CAEQUIL<br />
⎛<br />
⎞ ⎛<br />
⎞<br />
1 CAPWOR 1<br />
CAPWOR = ⎜∑<br />
pwmc*<br />
QM<br />
c⎟+⎜∑YFWORf<br />
⎟<br />
⎝ c<br />
⎠ ⎝ f ⎠<br />
⎛<br />
⎞ ⎛<br />
⎞<br />
−⎜∑<br />
pwec*<br />
QEc⎟−⎜∑<br />
factworf<br />
⎟<br />
⎝ c<br />
⎠ ⎝ f ⎠<br />
⎛ ⎞<br />
−⎜∑<br />
howorh<br />
⎟−entwor −govwor<br />
⎝ h ⎠<br />
WALRASEQ TOTSAV = INVEST + WALRAS<br />
1 WALRAS 1<br />
f<br />
© S. McDonald<br />
39
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