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The PROVIDE Project Standard Computable General Equilibrium ...

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<strong>PROVIDE</strong> <strong>Project</strong> Technical Paper 2003: 3 October 2003<br />

HEXPEQ(h)..<br />

HEXP(h) =E= ((YH(h)*(1-(TYADJ*ty(h))))*(1-(SADJ*caphosh(h))))<br />

- SUM(hp,HOHO(hp,h)) ;<br />

* QCDEQ(c).. PQD(c)*QCD(c) =E= SUM(h,comhoav(c,h)*HEXP(h)) ;<br />

QCDEQ(c)..<br />

PQD(c)*QCD(c) =E= SUM(h,PQD(c)*qcdconst(c,h))<br />

+ SUM(h,beta(c,h)<br />

*(HEXP(h)-SUM(cp,PQD(cp)*qcdconst(cp,h)))) ;<br />

QENTDEQ(c).. QENTD(c) =E= QENTDADJ*comentconst(c) ;<br />

EENTEQ..<br />

EENT =E= SUM(c,QENTD(c)*PQD(c))<br />

+ SUM(h,hoentconst(h))<br />

+ (TYEADJ*tye*YE) ;<br />

VENTDEQ.. VENTD =E= SUM(c,QENTD(c)*PQD(c)) ;<br />

QGDEQ(c).. QGD(c) =E= QGDADJ*comgovconst(c) ;<br />

EGEQ..<br />

EG =E= SUM(c,QGD(c)*PQD(c))<br />

+ SUM(h,hogovconst(h)*HGADJ)<br />

+ (EGADJ*entgovconst) ;<br />

VGDEQ.. VGD =E= SUM(c,QGD(c)*PQD(c)) ;<br />

QINVDEQ(c).. QINVD(c) =E= (IADJ*invconst(c)) ;<br />

INVESTEQ.. INVEST =E= SUM(c,PQD(c)*(QINVD(c) + dstocconst(c))) ;<br />

*## TAX BLOCK<br />

MTAXEQ.. MTAX =E= SUM(c,TMADJ*tm(c)*PWM(c)*ER*QM(c)) ;<br />

ETAXEQ.. ETAX =E= SUM(c,TEADJ*te(c)*PWE(c)*ER*QE(c)) ;<br />

STAXEQ.. STAX =E= SUM(c,TSADJ*ts(c)*PQS(c)*QQ(c)) ;<br />

ITAXEQ.. ITAX =E= SUM(a,TXADJ*tx(a)*PX(a)*QX(a)) ;<br />

FTAXEQ.. FTAX =E= SUM(f,TFADJ*tf(f)*(YF(f)-deprec(f))) ;<br />

DTAXEQ..<br />

DTAX =E= SUM(h,TYADJ*ty(h)*YH(h))<br />

+ (TYEADJ*tye*YE) ;<br />

*## MARKET CLEARING BLOCK<br />

FMEQUIL(f).. FS(f) =E= SUM(a,FD(f,a)) ;<br />

QEQUIL(c).. QQ(c) =E= QINTD(c) + QCD(c) + QENTD(c) + QGD(c) + QINVD(c)<br />

+ dstocconst(c) ;<br />

VFDOMDEQ.. VFDOMD =E= SUM(c, PQD(c) *<br />

(QCD(c) + QENTD(c) + QGD(c)<br />

+ QINVD(c) + dstocconst(c))) ;<br />

INVESTSHEQ..<br />

INVESTSH * VFDOMD =E= INVEST ;<br />

VGDSHEQ..<br />

VGDSH * VFDOMD =E= VGD ;<br />

VENTDSHEQ..<br />

VENTDSH * VFDOMD =E= VENTD ;<br />

CAPENTEQ.. CAPENT =E= YE - EENT ;<br />

GOVEQUIL.. CAPGOV =E= YG - EG ;<br />

CAEQUIL..<br />

CAPWOR =E= SUM(cm,PWM(cm)*QM(cm))<br />

+ SUM(f,YFWOR(f))<br />

- SUM(ce,PWE(ce)*QE(ce))<br />

- SUM(h,howor(h))<br />

- entwor - govwor<br />

- SUM(f,factwor(f)) ;<br />

WALRASEQ.. TOTSAV =E= INVEST + WALRAS ;<br />

© S. McDonald<br />

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