G-Cubed model_2R_179

Sets:
NameElementsDescription
abroadUSA, ROWused in asset calculations
currencyUSA, ROWcurrency of assets
destUSA, ROWalias for regions
domforD, Fdomestic vs foreign
factorsK, L, E, Mtop tier factors of production
goodsg01, g02all goods
goods_eg01energy goods
goods_mg02material goods
goods_og01, g02goods with standard treatment
notUSAROWRest of the World
origUSA, ROWalias for regions
ownerUSA, ROWowner of assets ASSE
region_USAUSAUnited States
regionsUSA, ROWcountries and regions
sec_stda01, a02sectors with standard treatment
sector_YYYYindustrial capital sector
sector_ZZZZhousehold capital sector
sectorsa01, a02sectors other than those producing industrial or household capital
sectors_ea01energy sector
sectors_na02non-energy sector
timet0Obsolete time set
varfacL, E, Mvariable factors
Variables:
NameDomainDescriptionUnitsLHSRHS
ABUYownernew purchases of foreign assetsend,gdp107108
ASSEcurrency, ownerassets in each currency, including ownsta,usgdp108108, 109, 70, 71
ASSUregionsassets held by region, in US$end,gdp10994
BCOLregionsQuads from coalbtu,exononenone
BCTgoods_o, dest, origunit border tax adjustmentdollar,exonone25, 6
BGASregionsQuads from gasbtu,exononenone
BOILregionsQuads from oilbtu,exononenone
BONDregionsbondsgdp,sta129129, 130, 132, 133, 68, 94
CAPsec_std, regionscapital stockgdp,sta3832, 38, 41, 42, 47, 60
CAPYregionsraw invt capital stockgdp,sta3933, 39, 43, 45, 48, 94
CAPZregionshousehold capital stockgdp,sta4034, 40, 44, 46, 49, 94
CNPEregionshousehold demand for energyend,gdp7358, 76
CNPKregionshousehold capital servicesend,gdp75none
CNPLregionshousehold demand for laborend,gdp72128, 22, 58, 68, 95
CNPOregionshousehold demand for materialend,gdp7458, 77
CONgoods_o, regionshousehold demand for goodsend,gdp76, 772, 3
CONPregionsnational accounts consumptionend,gdp69116, 117, 34, 58, 72, 73, 74, 75, 88, 89
CURNregionsdomestic currency current account using nominal interest paymentsend,gdp9297, 98
CURRregionsUSD current account using real interest paymentsend,gdp93107, 108, 96
DEFIregionsfiscal deficit (real interest rates)end,gdp132129, 133, 96
DEFNregionsfiscal deficit (nominal interest rates)end,gdp13397
DEFXregionsfiscal deficit shocks (real interest rates)exo,gdpnonenone
ECOLregionsCO2 emissions from coalexo,mmtnonenone
EGASregionsCO2 emissions from gasexo,mmtnonenone
ENsec_std, goods_e, regionssector demand for energy goodsend,gdp1352
ENTsec_std, regionssector demand for energyend,gdp15135, 56
EOILregionsCO2 emissions from oilexo,mmtnonenone
EPRCregionsexpected consumer price inflation rateend,intertemporal_constant,pct111118
EXCHregionsexch rate as US$ per unit of region currencyidx,logged,stl1, 101102, 105, 118, 5
EXCLregionsexch rate as US$ per unit of region currency - laggedidx,lagged,logged,sta102118
EXCRregionscountry risk premium relative to USexo,pctnone103
EXCXregionsexchange rate target percentage changeexo,pctnone118
EXQgoods_o, regionsexports, EXP.xxend,gdp10127, 140, 2, 3, 9
EXQTregionsvalue of exports at sourceend,gdp999
EYGRregionsexpected output growthend,intertemporal_constant,pct110118
GCEgoods_o, regionsgovernment purchases of goods and servicesend,gdp120, 121122, 2, 3
GCETregionsnational accounts government spending excluding laborend,gdp122116, 117, 123, 88, 89
GDPNregionsGDP, nominalend,gdp88118, 90
GDPRregionsGDP, realend,gdp8990, 91
GNENregionsGNE, nominalend,gdp116118
GNERregionsGNE, realend,gdp117none
GNPRregionsgross national productend,gdp91none
GOVLregionslabor used by governmentexo,gdpnone123, 128, 22, 68, 95
GOVSregionsgovernment spending excluding laborexo,gdpnone120, 121
GOVTregionsnational accounts government spending including laborend,gdp123132
IINgoods_o, regionsraw capital sector demand for goodsend,gdp20, 212, 3
IITEregionsraw capital sector demand for energyend,gdp1820, 57
IITLregionsraw capital sector demand for laborend,gdp17128, 22, 57, 68, 95
IITOregionsraw capital sector demand for materialend,gdp1921, 57
IMPgoods_o, dest, origindividual imports, IMP.xyend,exclude_dest_equals_orig,gdp610, 125, 7
IMPXgoods_o, dest, origindividual imports shift exo,gdpnone6
IMQgoods_o, regionsDF imports by good, IMQ.xxend,gdp4140, 6, 7, 8
IMQTregionsvalue of imports at destinationend,gdp899
INASregionsnominal USD net interest payments on foreign assetsend,gdp7192
INCMregionsafter tax household incomeend,gdp6869
INFCLregionshousehold materials inflation rateend,pct114118
INFLregionsaggregate consumer price inflationend,pct112118
INFPregionsaggregate output price inflationend,pct85118
INFXregionsinflation targetexo,pctnone118
INSregions, goods_oshocks to aggregate investment demandexo,gdpnone116, 117, 2, 3, 88, 89
INTFregionsrisk free interest rate, short-run, realend,pct8384
INTLregionsinterest rate, short-run, nominal (lagged)pct,sta119118
INTNregionsinterest rate, short (policy), nominalpct,stl118119, 133, 71, 82, 83
INTRregionsrisk adjusted interest rate, short-run, realend,pct84103, 130, 132, 133, 47, 48, 49, 68, 70, 95
INTXregionsshock to interest rate targetdel,exononenone
INVsec_std, regionsraw investmentend,gdp41140, 42, 56, 62
INVPregionstotal investment by standard sectorsend,gdp6263
INVTregionstotal investment including by householdsend,gdp63116, 117, 17, 18, 19, 33, 57, 88, 89, 96, 97, 98
INVYregionsraw investmentend,gdp4357, 63
INVZregionshousehold investmentend,gdp44128, 58, 63
IRASregionsreal USD net interest payments on foreign assetsend,gdp7068, 91, 93
JNVsec_std, regionsinstalled investmentend,gdp4238, 47
JNVYregionsinstalled investment in the raw capital sectorend,gdp4539, 43, 48
JNVZregionsinstalled household investmentend,gdp4640, 44, 49
LABsec_std, regionssector demand for laborend,gdp14128, 22, 56, 68, 95
LABOregionstotal labor demandedend,gdp2235
LABXregionsshock to total labor supplyexo,gdpnonenone
LAMsec_std, regionsmarginal value of an additional unit of capitalcos,intertemporal_constant,pct4747, 50, 60
LAMYregionsmarginal value of an additional unit of capital in the raw capital sectorcos,pct4848, 51, 94
LAMZregionsmarginal value of an additional unit of household capitalcos,pct4949, 52, 94
LGDPNregionsGDP, nominalexo,nomusdbillionnonenone
LGDPRregionsGDP, realexo,realusdbillionnonenone
MONEregionsmoney demandend,idx,logged8294
NB02regionsinterest rate, 2-year, nominalend,pctnonenone
NB05regionsinterest rate, 5-year, nominalend,pctnonenone
NB10regionsinterest rate, 10-year, nominalend,pctnonenone
NEERregionstrade-weighted exchange rate, FC/domesticend,idx,logged105none
OIsec_std, goods_m, regionssector demand for material goodsend,gdp1363
OINsec_std, regionssector demand for materialsend,gdp16136, 56
OUGgoods, regionsdomestic supply of goodsend,gdp1213, 140, 66
OUPsectors, regionsdomestic productionend,gdp1314, 15, 16, 32, 56
OUTLregionsaggregate output (lagged)gdp,lagged,sta67115, 118
OUTPregionsaggregate outputets,gdp66110, 115, 118, 124, 67, 82
OUTXregionsshock to output targetexo,pctnonenone
OUYgoods, regionscomposite supplyend,gdp2, 312, 4
PBAGregionsUSD value of permits sold through governmentexo,gdpnone129
PBALregionsvalue of permits sold, USDexo,gdpnone91, 92, 93
PGDPregionsGDP implicit price deflatorend,idx,logged90none
PIMgoods_o, dest, origlanded price of importsend,idx,logged5125, 25, 6, 7
PMQgoods_o, regionsimport landed price indexend,idx,logged726, 8
PMRgoods_o, regionsprice of imports incl tariffsend,idx,logged25140, 23, 4, 6
POIsec_std, regionssector price of materialsend,idx,logged138136, 16, 30, 56
PRCEregionshousehold price of energyend,idx,logged7958, 73, 76, 78
PRCLregionsaggregate price of consumer goods laggedidx,lagged,logged,sta86112, 35
PRCOregionshousehold price of materialend,idx,logged80113, 114, 58, 74, 77, 78
PRCOLregionshousehold price of material - laggedidx,lagged,logged,sta113114
PRCTregionsaggregate price of consumer goodsets,idx,logged78111, 112, 116, 118, 34, 35, 58, 69, 72, 73, 74, 75, 86, 88
PRDgoods, regionspost-tax price of goodsend,idx,logged2912, 140, 23, 64, 66
PRDLregionsweighted price of domestic output lagidx,lagged,logged,sta8785
PRDXregionsshock to weighted price of domestic outputexo,pctnonenone
PREsec_std, regionssector price of energyend,idx,logged137135, 15, 30, 56
PRFsec_std, regionsshort run profitsend,gdp56140, 59
PRFTregionstotal economywide profitsend,gdp5968
PRFYregionsprofits on raw capital sectorend,gdp57140, 59
PRFZregionsimputed short run profits on household capitalend,gdp5868
PRGTregionsaggregate price of government goodsend,idx,logged81none
PRIDregionsweighted price of domestic outputets,idx,logged64101, 116, 118, 120, 121, 122, 123, 125, 127, 128, 140, 47, 48, 49, 50, 51, 52, 56, 57, 58, 66, 68, 69, 82, 83, 85, 87, 88, 94, 95, 96, 97, 98
PRIEregionsraw capital sector price of energyend,idx,logged2718, 20, 31, 57
PRIIregionsprice paid by producers for raw capitalend,idx,logged31116, 128, 140, 17, 18, 19, 33, 47, 48, 49, 50, 51, 52, 56, 57, 58, 88, 96, 97, 98
PRIMregionsweighted price of importsend,idx,logged268
PRIXregionsweighted price of exportsend,idx,logged659
PRKsec_std, regionsimplicit rental priceend,idx,logged3230, 47
PRKYregionsimplicit raw capital sector rental priceend,idx,logged3331, 48
PRKZregionsimplicit household rental priceend,idx,logged3449, 75, 78
PROIregionsraw capital sector price of materialend,idx,logged2819, 21, 31, 57
PRPsectors, regionspre-tax producer priceend,idx,logged3014, 15, 16, 29, 32, 56
PRSgoods, regionsproducer price of compositeend,idx,logged2311, 12, 127, 134, 140, 24, 4
PRTsec_std, goods_e, regionssector-specific input priceend,idx,logged134135, 137
PRXgoods_o, regionsprice of exports at sourceend,idx,logged115, 65, 9
PRXXregionsshock to expected price of consumer goodsexo,pctnone35
PRYgoods, regionspurchase price of compositeend,idx,logged24120, 121, 122, 136, 138, 20, 21, 27, 28, 76, 77, 79, 80, 81
PTARregionsprice level targetexo,idx,loggednone118
RB10regionsinterest rate, 10-year, realend,pctnonenone
REERregionstrade-weighted real exch rate, FC/domesticend,idx,logged106none
REXCregionsreal exchange rate as US$ per unit of region currencycos,idx,intertemporal_constant,logged103103, 104
REXNregionsreal exchange rate with capital controlsend,idx,logged104100, 101, 106, 108, 109, 68, 70, 71, 91, 92, 94, 96
RISEsec_std, regionsequity risk premium by sector and regiondel,exonone47
RISHregionsrisk premium shock for human wealthdel,exonone95
RISRregionsrisk premium in the yield curvedel,exonone84
RISWregionsrisk premium for human wealthdel,exonone69, 95
RISYregionsrisk premium for raw-capital sector capitaldel,exonone48
RISZregionsrisk premium for household capitaldel,exonone49
ROGYregionspotential output growth targetexo,pctnone118
RVGSregionsrevenue from unit taxesexo,gdpnone139
SAVIregionsreal domestic saving using real interest ratesend,gdp96none
SAVNregionsreal domestic saving using nominal interest ratesend,gdp97none
SAVTregionsdomestic non-government saving using nominal interest ratesend,gdp98none
SHEFsec_std, regionsautonomous energy efficiency improvementsexo,pctnone15, 30
SHEFCregionsconsumption autonomous energy efficiency improvementsexo,pctnone73, 78
SHKsec_std, regionsshock to capital efficiencyexo,pctnone30, 32
SHKCregionsshock to aggregate consumptionexo,gdpnone69
SHKIregions, sec_stdshock to inv equationexo,gdpnone41
SHKMregionsshock to money demandexo,pctnone82
SHLregions, sec_stdshock to labor due to labor-augmenting technical change and/or population growthexo,pctnone14, 30
SHLYregionsshock to raw capital sector labor due to labor-augmenting technical change and/or population growthexo,pctnone17, 31
SHLZregionsshock to household capital sector labor due to labor-augmenting technical change and/or population growthexo,pctnone72, 78
SHYsectors, regionsshock to total factor productivityexo,pctnone14, 15, 16, 30, 32
SHYYregionsshock to raw capital sector total factor productivityexo,pctnone17, 18, 19, 31, 33
SHYZregionsshock to household capital sector total factor productivityexo,pctnone34, 72, 73, 74, 75, 78
STMsec_std, regionsstock market valueend,gdp6061, 94
STMTregionstotal stock market valueend,gdp61none
TAXgoods, regionssales tax on compositeexo,pctnone134, 140, 24
TAXCregionsrevenue from sales and company taxesend,gdp140131
TAXEregionsrevenue from externality taxesend,gdp139131
TAXHregionsrevenue from taxes on wagesend,gdp128131, 95
TAXLregionsrevenue from lump-sum taxesend,gdp130131, 68, 95
TAXMregionstariff revenueend,gdp126131
TAXSregionsexogenous lump sum taxexo,gdpnone130
TAXTregionstotal revenueend,gdp131132
TAXXregionsexternal tax revenueend,gdp127131
TBALregionstrade surplus, domestic currencyend,gdp99100, 118, 88, 89, 92
TBAUregionstrade surplus, USDend,gdp10093
TBFDregionsunit tax on energydollar,exonone29
TBFIregionsunit tax on energy, importsdollar,exonone25, 6
TBFXregionsunit tax on energy, exportsdollar,exonone11
TCORregionstax rate on corporate profitsexo,pctnone140, 47, 48, 68
TCPgoods, regionsnonlinear unit tax for CO2dollar,exonone11, 25, 29, 6
TEXgoods, regionsextern tax on compositeexo,pctnone11, 127
TIFgoods_o, destfta tariff ratesexo,pctnone125, 25, 6
TIMgoods_o, dest, origmultilateral tariff ratesexo,pctnone125, 25, 6
TINCregionstax rate on labor incomeexo,pctnone128, 68
TITCsec_std, regionsinvestment tax credit rateexo,pctnone140, 47, 50, 56, 60
TITCHregionsinvestment tax credit rate for householdsexo,pctnone128, 49, 52, 58
TIXgoods_o, destmultilateral iceberg costsexo,pctnone25, 6
TOBsec_std, regionsmarginal q, TOB.NCend,pct5041, 53
TOBYregionsmarginal Q, raw capital sectorend,pct5145, 54
TOBZregionsmarginal Q, householdsend,pct5246, 55
TPAsec_std, regionspartial adjustment qpct,sta5341, 53
TPAYregionspartial adjustment Q, raw capital sectorpct,sta5445, 54
TPAZregionspartial adjustment Q, householdspct,sta5546, 55
TRANregionstotal transfersend,gdp124132, 68, 95
TRANXregionsexogenous transfersexo,gdpnone124
TXGSsec_std, goods_e, regionsunit tax on goods to sectorsdollar,exonone134
TXMgoods_o, desttariff revenue by goodend,gdp125126
WAGsec_std, regionssector wageend,idx,logged37128, 14, 30, 56, 68, 95
WAGEregionswage rateidx,intertemporal_constant,logged,sta35118, 128, 17, 31, 35, 36, 37, 57, 58, 68, 72, 78, 95
WAGGregionsgovernment wageend,idx,logged36123, 128, 68, 95
WELHregionshuman wealthcos,gdp,intertemporal_constant9594, 95
WELTregionstotal wealthend,gdp9469
YGROregionsoutput growthend,pct115none
YRATNregionsGDP ratio, nominalexo,pctnonenone
YRATPregionsGDP ratio, PPPexo,pctnonenone
YRATRregionsGDP ratio, realexo,pctnonenone
Parameters:
NameDomainDescription
adaptregionsrate of closure TOB-TPA gap
aeyecurrency, owneridentity matrix
ainvowner, abroadinverse of I-ashr
ashrcurrency, ownerasset split among currencies
base_jksec_std, regionsbase J/K
btucoefgoods, regionsemissions coefficients, energy
carcoefgoods, regionsemissions coefficients, co2 on energy
cd_dfgoods_o, regions1 if Cobb-Douglas, 0 if CES
cd_esectors, regions1 if cd, 0 if ces
cd_eHregions1 if cd, 0 if ces
cd_eRregions1 if cd, 0 if ces
cd_ffgoods_o, dest1 if cd, 0 if ces
cd_msectors, regions1 if cd, 0 if ces
cd_mHregions1 if cd, 0 if ces
cd_mRregions1 if cd, 0 if ces
cd_osectors, regions1 if cd, 0 if ces
cd_oHregions1 if cd, 0 if ces
cd_oRregions1 if cd, 0 if ces
deltaregionsdepreciation rate
delta_domgoods_o, regionsdomestic weight in CES function combining domestic and foreign sources
delta_eregions, sec_std, goods_einput weights, individ goods
delta_eGgoods_e, regionsgov budget shares on energy goods
delta_eHgoods_e, regionsinput weights, individ goods
delta_eRgoods_e, regionsinput weights on individual energy goods
delta_ffgoods_o, dest, origforeign source weights in FF
delta_mregions, sec_std, goods_minput weights, individ goods
delta_mGgoods_m, regionsgov budget shares on materials goods
delta_mHgoods_m, regionsinput weights, individ goods
delta_mRgoods_m, regionsinput weights on individual materials goods
delta_ofactors, sec_std, regionsinput weights, KLEM tier
delta_oGfactors, regionsgov KLEM budget shares
delta_oHfactors, regionsinput weights, KLEM tier
delta_oRfactors, regionsinput weights, KLEM tier
eer_weightdest, origtrade weights, NEER and REER
fore_cregionsshr of C driven by foresight
fore_i_yregionsshr of I driven by foresight in capital sector
fore_i_zregionsshr of I driven by foresight in household capital
foreisec_std, regionsshr of I driven by foresight std sector
FTAdest, origfree trade area tariff flag
int_elastregionsinterest elasticity of money demand
labgrowregionsgrowth of effective labor
makeinvgoods, sectors, regionsinverse of make table
mongdpregionscoefficient on MONE in WELT
mpcregionsmarginal propensity to consume
mrule_1regionsweight on CPI inflation in monetary rule
mrule_10regionsweight on nominal GDP in monetary rule
mrule_11regionsweight on nominal gross output in monetary rule
mrule_12regionsweight on nominal gross output net of trade in monetary rule
mrule_13regionsweight on expected CPI inflation in monetary rule
mrule_14regionsweight on expected real output growth in monetary rule
mrule_15regionsweight on nominal GNE in monetary rule
mrule_2regionsweight on PPI inflation in monetary rule
mrule_3regionsweight on Core inflation in monetary rule
mrule_4regionsweight on CPI level in monetary rule
mrule_5regionsweight on PPI level in monetary rule
mrule_6regionsweight on wage in monetary rule
mrule_7regionsweight on wage growth in monetary rule
mrule_8regionsweight on real output growth in monetary rule
mrule_9regionsweight on nominal gross output growth in monetary rule
mrule_exregionsweight on exchange rate in monetary rule
mrule_rregionsweight on lag interest rate in monetary rule
MULdest, origmultilateral tariff flag
phisec_std, regionsadjustment cost parameter std sector
phi_yregionsadjustment cost parameter capital sector
phi_zregionsadjustment cost parameter household capital
prid_weightgoods, regionsweights in PRID
prim_weightgoods_o, regionsweights in PRIM
prix_weightgoods_o, regionsweights in PRIX
sigma_dfgoods_o, regionselasticity of substitution between domestic and foreign sources
sigma_esectors, regionssubs elast, E tier
sigma_eHregionssubs elast, E tier
sigma_eRregionssubs elast, E tier
sigma_ffgoods_o, destsubs elast between F sources
sigma_msectors, regionssubs elast, M tier
sigma_mHregionssubs elast, M tier
sigma_mRregionssubs elast, M tier
sigma_osectors, regionssubs elast, KLEM tier
sigma_oHregionssubs elast, KLEM tier
sigma_oRregionssubs elast, KLEM tier
timeprefregionstime preference rate
transgdpregionstransfers per unit of GDP
wage_pregionsexp infl weight in wage equation
wage_qregionsemployment parameter in wage equation
Equations:
Equation 1: EXCH
\[ \href{#EXCH}{EXCH(\text{USA})} = 0 \]
Equation 2: OUY
For g1 in goods_e, r1 in regions (2 total):
\[ \href{#OUY}{OUY(g1,r1)} = \href{#CON}{CON(g1,r1)}+\href{#IIN}{IIN(g1,r1)} +\href{#INS}{INS(r1,g1)} +\href{#GCE}{GCE(g1,r1)} +\href{#EXQ}{EXQ(g1,r1)} +\sum_{s \; \text{in} \; \href{#sec_std}{sec\_std}} { \left(\href{#EN}{EN(s,g1,r1)}\right) } \]
Equation 3: OUY
For g2 in goods_m, r1 in regions (2 total):
\[ \href{#OUY}{OUY(g2,r1)} = \href{#CON}{CON(g2,r1)}+\href{#IIN}{IIN(g2,r1)} +\href{#INS}{INS(r1,g2)} +\href{#GCE}{GCE(g2,r1)} +\href{#EXQ}{EXQ(g2,r1)} +\sum_{s \; \text{in} \; \href{#sec_std}{sec\_std}} { \left(\href{#OI}{OI(s,g2,r1)}\right) } \]
Equation 4: IMQ
For g3 in goods_o, r1 in regions (4 total):
\[ \href{#IMQ}{IMQ(g3,r1)} = {(1-\href{#delta_dom}{delta\_dom(g3,r1)})} *\href{#OUY}{OUY(g3,r1)} *exp{ \left( \href{#PRS}{PRS(g3,r1)}-\href{#PMR}{PMR(g3,r1)}\right) } ^\href{#sigma_df}{sigma\_df(g3,r1)} \]
Equation 5: PIM
For d in dest, g3 in goods_o, o in orig (8 total):
\[ \href{#PIM}{PIM(g3,d,o)} = \href{#EXCH}{EXCH(o)}+\href{#PRX}{PRX(g3,o)} -\href{#EXCH}{EXCH(d)} \]
Equation 6: IMP
For d in dest, g3 in goods_o, o in orig (8 total):
\[ \href{#IMP}{IMP(g3,d,o)} = \href{#delta_ff}{delta\_ff(g3,d,o)}*\href{#IMQ}{IMQ(g3,d)} *{(\href{#carcoef}{carcoef(g3,d)}*\href{#TCP}{TCP(g3,d)} +\href{#btucoef}{btucoef(g3,d)}*\href{#TBFI}{TBFI(d)} +\href{#BCT}{BCT(g3,d,o)} +{(1 +{(\href{#TIM}{TIM(g3,d,o)}+\href{#TIX}{TIX(g3,d)})} *\href{#MUL}{MUL(d,o)} +\href{#TIF}{TIF(g3,d)}*\href{#FTA}{FTA(d,o)})} *exp{ \left( \href{#PIM}{PIM(g3,d,o)}-\href{#PMR}{PMR(g3,d)}\right) })} ^{(-\href{#sigma_ff}{sigma\_ff(g3,d)})} +\href{#IMPX}{IMPX(g3,d,o)} \]
Equation 7: PMQ
For d in dest, g3 in goods_o (4 total):
\[ \href{#PMQ}{PMQ(g3,d)} = ln{ \left( \frac{\sum_{o \; \text{in} \; \href{#orig}{orig}} { \left(\href{#IMP}{IMP(g3,d,o)} *exp{ \left(\href{#PIM}{PIM(g3,d,o)}\right) }\right) }}{\href{#IMQ}{IMQ(g3,d)}}\right) } \]
Equation 8: IMQT
For r1 in regions (2 total):
\[ \href{#IMQT}{IMQT(r1)} = \frac{\sum_{g3 \; \text{in} \; \href{#goods_o}{goods\_o}} { \left(exp{ \left(\href{#PMQ}{PMQ(g3,r1)}\right) } *\href{#IMQ}{IMQ(g3,r1)}\right) }}{exp{ \left(\href{#PRIM}{PRIM(r1)}\right) }} \]
Equation 9: EXQT
For r1 in regions (2 total):
\[ \href{#EXQT}{EXQT(r1)} = \frac{\sum_{g3 \; \text{in} \; \href{#goods_o}{goods\_o}} { \left(exp{ \left(\href{#PRX}{PRX(g3,r1)}\right) } *\href{#EXQ}{EXQ(g3,r1)}\right) }}{exp{ \left(\href{#PRIX}{PRIX(r1)}\right) }} \]
Equation 10: EXQ
For g3 in goods_o, o in orig (4 total):
\[ \href{#EXQ}{EXQ(g3,o)} = \sum_{d \; \text{in} \; \href{#dest}{dest}} { \left(\href{#IMP}{IMP(g3,d,o)}\right) } \]
Equation 11: PRX
For g3 in goods_o, r1 in regions (4 total):
\[ \href{#PRX}{PRX(g3,r1)} = ln{ \left( {(1+\href{#TEX}{TEX(g3,r1)})} *exp{ \left(\href{#PRS}{PRS(g3,r1)}\right) } -\href{#carcoef}{carcoef(g3,r1)}*\href{#TCP}{TCP(g3,r1)} +\href{#btucoef}{btucoef(g3,r1)}*\href{#TBFX}{TBFX(r1)}\right) } \]
Equation 12: OUG
For g3 in goods_o, r1 in regions (4 total):
\[ \href{#OUG}{OUG(g3,r1)} = \href{#delta_dom}{delta\_dom(g3,r1)}*\href{#OUY}{OUY(g3,r1)} *exp{ \left( \href{#PRS}{PRS(g3,r1)}-\href{#PRD}{PRD(g3,r1)}\right) } ^\href{#sigma_df}{sigma\_df(g3,r1)} \]
Equation 13: OUP
For r1 in regions, s3 in sectors (4 total):
\[ \href{#OUP}{OUP(s3,r1)} = \sum_{g \; \text{in} \; \href{#goods}{goods}} { \left(\href{#makeinv}{makeinv(g,s3,r1)}*\href{#OUG}{OUG(g,r1)}\right) } \]
Equation 14: LAB
For r1 in regions, s in sec_std (4 total):
\[ \href{#LAB}{LAB(s,r1)} = exp{ \left( \href{#SHL}{SHL(r1,s)}+\href{#SHY}{SHY(s,r1)}\right) } ^{(\href{#sigma_o}{sigma\_o(s,r1)}-1)} *\href{#delta_o}{delta\_o(\text{l},s,r1)} *\href{#OUP}{OUP(s,r1)} *exp{ \left( \href{#PRP}{PRP(s,r1)}-\href{#WAG}{WAG(s,r1)}\right) } ^\href{#sigma_o}{sigma\_o(s,r1)} \]
Equation 15: ENT
For r1 in regions, s in sec_std (4 total):
\[ \href{#ENT}{ENT(s,r1)} = exp{ \left( \href{#SHEF}{SHEF(s,r1)}+\href{#SHY}{SHY(s,r1)}\right) } ^{(\href{#sigma_o}{sigma\_o(s,r1)}-1)} *\href{#delta_o}{delta\_o(\text{e},s,r1)} *\href{#OUP}{OUP(s,r1)} *exp{ \left( \href{#PRP}{PRP(s,r1)}-\href{#PRE}{PRE(s,r1)}\right) } ^\href{#sigma_o}{sigma\_o(s,r1)} \]
Equation 16: OIN
For r1 in regions, s in sec_std (4 total):
\[ \href{#OIN}{OIN(s,r1)} = exp{ \left(\href{#SHY}{SHY(s,r1)}\right) } ^{(\href{#sigma_o}{sigma\_o(s,r1)}-1)} *\href{#delta_o}{delta\_o(\text{m},s,r1)} *\href{#OUP}{OUP(s,r1)} *exp{ \left( \href{#PRP}{PRP(s,r1)}-\href{#POI}{POI(s,r1)}\right) } ^\href{#sigma_o}{sigma\_o(s,r1)} \]
Equation 17: IITL
For r1 in regions (2 total):
\[ \href{#IITL}{IITL(r1)} = exp{ \left( \href{#SHLY}{SHLY(r1)}+\href{#SHYY}{SHYY(r1)}\right) } ^{(\href{#sigma_oR}{sigma\_oR(r1)}-1)} *\href{#delta_oR}{delta\_oR(\text{l},r1)} *\href{#INVT}{INVT(r1)} *exp{ \left( \href{#PRII}{PRII(r1)}-\href{#WAGE}{WAGE(r1)}\right) } ^\href{#sigma_oR}{sigma\_oR(r1)} \]
Equation 18: IITE
For r1 in regions (2 total):
\[ \href{#IITE}{IITE(r1)} = exp{ \left(\href{#SHYY}{SHYY(r1)}\right) } ^{(\href{#sigma_oR}{sigma\_oR(r1)}-1)} *\href{#delta_oR}{delta\_oR(\text{e},r1)} *\href{#INVT}{INVT(r1)} *exp{ \left( \href{#PRII}{PRII(r1)}-\href{#PRIE}{PRIE(r1)}\right) } ^\href{#sigma_oR}{sigma\_oR(r1)} \]
Equation 19: IITO
For r1 in regions (2 total):
\[ \href{#IITO}{IITO(r1)} = exp{ \left(\href{#SHYY}{SHYY(r1)}\right) } ^{(\href{#sigma_oR}{sigma\_oR(r1)}-1)} *\href{#delta_oR}{delta\_oR(\text{m},r1)} *\href{#INVT}{INVT(r1)} *exp{ \left( \href{#PRII}{PRII(r1)}-\href{#PROI}{PROI(r1)}\right) } ^\href{#sigma_oR}{sigma\_oR(r1)} \]
Equation 20: IIN
For g1 in goods_e, r1 in regions (2 total):
\[ \href{#IIN}{IIN(g1,r1)} = \href{#delta_eR}{delta\_eR(g1,r1)}*\href{#IITE}{IITE(r1)} *exp{ \left( \href{#PRIE}{PRIE(r1)}-\href{#PRY}{PRY(g1,r1)}\right) } ^\href{#sigma_eR}{sigma\_eR(r1)} \]
Equation 21: IIN
For g2 in goods_m, r1 in regions (2 total):
\[ \href{#IIN}{IIN(g2,r1)} = \href{#delta_mR}{delta\_mR(g2,r1)}*\href{#IITO}{IITO(r1)} *exp{ \left( \href{#PROI}{PROI(r1)}-\href{#PRY}{PRY(g2,r1)}\right) } ^\href{#sigma_mR}{sigma\_mR(r1)} \]
Equation 22: LABO
For r1 in regions (2 total):
\[ \href{#LABO}{LABO(r1)} = \href{#IITL}{IITL(r1)}+\href{#CNPL}{CNPL(r1)} +\href{#GOVL}{GOVL(r1)} +\sum_{s \; \text{in} \; \href{#sec_std}{sec\_std}} { \left(\href{#LAB}{LAB(s,r1)}\right) } \]
Equation 23: PRS
For g3 in goods_o, r1 in regions (4 total):
\[ \href{#PRS}{PRS(g3,r1)} = \href{#cd_df}{cd\_df(g3,r1)} *{(\href{#delta_dom}{delta\_dom(g3,r1)}*\href{#PRD}{PRD(g3,r1)} +{(1-\href{#delta_dom}{delta\_dom(g3,r1)})} *\href{#PMR}{PMR(g3,r1)})} +\frac{{({(1-\href{#cd_df}{cd\_df(g3,r1)})} *ln{ \left( \href{#delta_dom}{delta\_dom(g3,r1)} *exp{ \left(\href{#PRD}{PRD(g3,r1)}\right) } ^{(1-\href{#sigma_df}{sigma\_df(g3,r1)})} +{(1-\href{#delta_dom}{delta\_dom(g3,r1)})} *exp{ \left(\href{#PMR}{PMR(g3,r1)}\right) } ^{(1-\href{#sigma_df}{sigma\_df(g3,r1)})}\right) })}}{{(1 -\href{#sigma_df}{sigma\_df(g3,r1)}*{(1-\href{#cd_df}{cd\_df(g3,r1)})})}} \]
Equation 24: PRY
For g in goods, r1 in regions (4 total):
\[ \href{#PRY}{PRY(g,r1)} = ln{ \left(1+\href{#TAX}{TAX(g,r1)}\right) } +\href{#PRS}{PRS(g,r1)} \]
Equation 25: PMR
For d in dest, g3 in goods_o (4 total):
\[ \href{#PMR}{PMR(g3,d)} = 0.0 +\href{#cd_ff}{cd\_ff(g3,d)} *\sum_{o \; \text{in} \; \href{#orig}{orig}} { \left(\href{#delta_ff}{delta\_ff(g3,d,o)} *ln{ \left( \href{#carcoef}{carcoef(g3,d)}*\href{#TCP}{TCP(g3,d)} +\href{#btucoef}{btucoef(g3,d)}*\href{#TBFI}{TBFI(d)} +\href{#BCT}{BCT(g3,d,o)} +{(1 +{(\href{#TIM}{TIM(g3,d,o)}+\href{#TIX}{TIX(g3,d)})} *\href{#MUL}{MUL(d,o)} +\href{#TIF}{TIF(g3,d)}*\href{#FTA}{FTA(d,o)})} *exp{ \left(\href{#PIM}{PIM(g3,d,o)}\right) }\right) }\right) } +\frac{{({(1-\href{#cd_ff}{cd\_ff(g3,d)})} *ln{ \left( \sum_{o \; \text{in} \; \href{#orig}{orig}} { \left(\href{#delta_ff}{delta\_ff(g3,d,o)} *{(\href{#carcoef}{carcoef(g3,d)}*\href{#TCP}{TCP(g3,d)} +\href{#btucoef}{btucoef(g3,d)}*\href{#TBFI}{TBFI(d)} +\href{#BCT}{BCT(g3,d,o)} +{(1 +{(\href{#TIM}{TIM(g3,d,o)}+\href{#TIX}{TIX(g3,d)})} *\href{#MUL}{MUL(d,o)} +\href{#TIF}{TIF(g3,d)}*\href{#FTA}{FTA(d,o)})} *exp{ \left(\href{#PIM}{PIM(g3,d,o)}\right) })} ^{(1-\href{#sigma_ff}{sigma\_ff(g3,d)})}\right) }\right) })}}{{(1 -\href{#sigma_ff}{sigma\_ff(g3,d)}*{(1-\href{#cd_ff}{cd\_ff(g3,d)})})}} \]
Equation 26: PRIM
For r1 in regions (2 total):
\[ \href{#PRIM}{PRIM(r1)} = \sum_{g3 \; \text{in} \; \href{#goods_o}{goods\_o}} { \left(\href{#prim_weight}{prim\_weight(g3,r1)}*\href{#PMQ}{PMQ(g3,r1)}\right) } \]
Equation 27: PRIE
For r1 in regions (2 total):
\[ \href{#PRIE}{PRIE(r1)} = \href{#cd_eR}{cd\_eR(r1)} *\sum_{g1 \; \text{in} \; \href{#goods_e}{goods\_e}} { \left(\href{#delta_eR}{delta\_eR(g1,r1)}*\href{#PRY}{PRY(g1,r1)}\right) } +\frac{{({(1-\href{#cd_eR}{cd\_eR(r1)})} *ln{ \left( \sum_{g1 \; \text{in} \; \href{#goods_e}{goods\_e}} { \left(\href{#delta_eR}{delta\_eR(g1,r1)} *exp{ \left(\href{#PRY}{PRY(g1,r1)}\right) } ^{(1-\href{#sigma_eR}{sigma\_eR(r1)})}\right) }\right) })}}{{(1 -\href{#sigma_eR}{sigma\_eR(r1)}*{(1-\href{#cd_eR}{cd\_eR(r1)})})}} \]
Equation 28: PROI
For r1 in regions (2 total):
\[ \href{#PROI}{PROI(r1)} = \href{#cd_mR}{cd\_mR(r1)} *\sum_{g2 \; \text{in} \; \href{#goods_m}{goods\_m}} { \left(\href{#delta_mR}{delta\_mR(g2,r1)}*\href{#PRY}{PRY(g2,r1)}\right) } +\frac{{({(1-\href{#cd_mR}{cd\_mR(r1)})} *ln{ \left( \sum_{g2 \; \text{in} \; \href{#goods_m}{goods\_m}} { \left(\href{#delta_mR}{delta\_mR(g2,r1)} *exp{ \left(\href{#PRY}{PRY(g2,r1)}\right) } ^{(1-\href{#sigma_mR}{sigma\_mR(r1)})}\right) }\right) })}}{{(1 -\href{#sigma_mR}{sigma\_mR(r1)}*{(1-\href{#cd_mR}{cd\_mR(r1)})})}} \]
Equation 29: PRD
For g in goods, r1 in regions (4 total):
\[ \href{#PRD}{PRD(g,r1)} = ln{ \left( exp{ \left( \sum_{s3 \; \text{in} \; \href{#sectors}{sectors}} { \left(\href{#makeinv}{makeinv(g,s3,r1)}*\href{#PRP}{PRP(s3,r1)}\right) }\right) } +\href{#carcoef}{carcoef(g,r1)}*\href{#TCP}{TCP(g,r1)} +\href{#btucoef}{btucoef(g,r1)}*\href{#TBFD}{TBFD(r1)}\right) } \]
Equation 30: PRP
For r1 in regions, s in sec_std (4 total):
\[ \href{#PRP}{PRP(s,r1)} = \href{#cd_o}{cd\_o(s,r1)} *{(\href{#delta_o}{delta\_o(\text{k},s,r1)}*\href{#PRK}{PRK(s,r1)} +\href{#delta_o}{delta\_o(\text{l},s,r1)}*\href{#WAG}{WAG(s,r1)} +\href{#delta_o}{delta\_o(\text{e},s,r1)}*\href{#PRE}{PRE(s,r1)} +\href{#delta_o}{delta\_o(\text{m},s,r1)}*\href{#POI}{POI(s,r1)} -\href{#delta_o}{delta\_o(\text{l},s,r1)}*\href{#SHL}{SHL(r1,s)} -\href{#delta_o}{delta\_o(\text{k},s,r1)}*\href{#SHK}{SHK(s,r1)} -\href{#delta_o}{delta\_o(\text{e},s,r1)}*\href{#SHEF}{SHEF(s,r1)})} +\frac{{({(1-\href{#cd_o}{cd\_o(s,r1)})} *ln{ \left( \href{#delta_o}{delta\_o(\text{k},s,r1)} *exp{ \left( \href{#PRK}{PRK(s,r1)}-\href{#SHK}{SHK(s,r1)}\right) } ^{(1-\href{#sigma_o}{sigma\_o(s,r1)})} +\href{#delta_o}{delta\_o(\text{l},s,r1)} *exp{ \left( \href{#WAG}{WAG(s,r1)}-\href{#SHL}{SHL(r1,s)}\right) } ^{(1-\href{#sigma_o}{sigma\_o(s,r1)})} +\href{#delta_o}{delta\_o(\text{e},s,r1)} *exp{ \left( \href{#PRE}{PRE(s,r1)}-\href{#SHEF}{SHEF(s,r1)}\right) } ^{(1-\href{#sigma_o}{sigma\_o(s,r1)})} +\href{#delta_o}{delta\_o(\text{m},s,r1)} *exp{ \left(\href{#POI}{POI(s,r1)}\right) } ^{(1-\href{#sigma_o}{sigma\_o(s,r1)})}\right) })}}{{(1 -\href{#sigma_o}{sigma\_o(s,r1)}*{(1-\href{#cd_o}{cd\_o(s,r1)})})}} -\href{#SHY}{SHY(s,r1)} \]
Equation 31: PRII
For r1 in regions (2 total):
\[ \href{#PRII}{PRII(r1)} = \href{#cd_oR}{cd\_oR(r1)} *{(\href{#delta_oR}{delta\_oR(\text{k},r1)}*\href{#PRKY}{PRKY(r1)} +\href{#delta_oR}{delta\_oR(\text{l},r1)}*\href{#WAGE}{WAGE(r1)} +\href{#delta_oR}{delta\_oR(\text{e},r1)}*\href{#PRIE}{PRIE(r1)} +\href{#delta_oR}{delta\_oR(\text{m},r1)}*\href{#PROI}{PROI(r1)} -\href{#delta_oR}{delta\_oR(\text{l},r1)}*\href{#SHLY}{SHLY(r1)})} +\frac{{({(1-\href{#cd_oR}{cd\_oR(r1)})} *ln{ \left( \href{#delta_oR}{delta\_oR(\text{k},r1)} *exp{ \left(\href{#PRKY}{PRKY(r1)}\right) } ^{(1-\href{#sigma_oR}{sigma\_oR(r1)})} +\href{#delta_oR}{delta\_oR(\text{l},r1)} *exp{ \left( \href{#WAGE}{WAGE(r1)}-\href{#SHLY}{SHLY(r1)}\right) } ^{(1-\href{#sigma_oR}{sigma\_oR(r1)})} +\href{#delta_oR}{delta\_oR(\text{e},r1)} *exp{ \left(\href{#PRIE}{PRIE(r1)}\right) } ^{(1-\href{#sigma_oR}{sigma\_oR(r1)})} +\href{#delta_oR}{delta\_oR(\text{m},r1)} *exp{ \left(\href{#PROI}{PROI(r1)}\right) } ^{(1-\href{#sigma_oR}{sigma\_oR(r1)})}\right) })}}{{(1 -\href{#sigma_oR}{sigma\_oR(r1)}*{(1-\href{#cd_oR}{cd\_oR(r1)})})}} -\href{#SHYY}{SHYY(r1)} \]
Equation 32: PRK
For r1 in regions, s in sec_std (4 total):
\[ \href{#PRK}{PRK(s,r1)} = \href{#PRP}{PRP(s,r1)} +\frac{ln{ \left( \frac{{(\href{#delta_o}{delta\_o(\text{k},s,r1)}*\href{#OUP}{OUP(s,r1)})}}{\href{#CAP}{CAP(s,r1)}}\right) }}{\href{#sigma_o}{sigma\_o(s,r1)}} +\frac{{({(\href{#SHY}{SHY(s,r1)}+\href{#SHK}{SHK(s,r1)})} *{(\href{#sigma_o}{sigma\_o(s,r1)}-1)})}}{\href{#sigma_o}{sigma\_o(s,r1)}} \]
Equation 33: PRKY
For r1 in regions (2 total):
\[ \href{#PRKY}{PRKY(r1)} = \href{#PRII}{PRII(r1)} +\frac{ln{ \left( \frac{{(\href{#delta_oR}{delta\_oR(\text{k},r1)}*\href{#INVT}{INVT(r1)})}}{\href{#CAPY}{CAPY(r1)}}\right) }}{\href{#sigma_oR}{sigma\_oR(r1)}} +\frac{{(\href{#SHYY}{SHYY(r1)}*{(\href{#sigma_oR}{sigma\_oR(r1)}-1)})}}{\href{#sigma_oR}{sigma\_oR(r1)}} \]
Equation 34: PRKZ
For r1 in regions (2 total):
\[ \href{#PRKZ}{PRKZ(r1)} = \href{#PRCT}{PRCT(r1)} +\frac{ln{ \left( \frac{{(\href{#delta_oH}{delta\_oH(\text{k},r1)}*\href{#CONP}{CONP(r1)})}}{\href{#CAPZ}{CAPZ(r1)}}\right) }}{\href{#sigma_oH}{sigma\_oH(r1)}} +\frac{{(\href{#SHYZ}{SHYZ(r1)}*{(\href{#sigma_oH}{sigma\_oH(r1)}-1)})}}{\href{#sigma_oH}{sigma\_oH(r1)}} \]
Equation 35: WAGE
For r1 in regions (2 total):
\[ lead({\href{#WAGE}{WAGE(r1)}}) = \href{#WAGE}{WAGE(r1)} +\href{#wage_p}{wage\_p(r1)} *{(lead({\href{#PRCT}{PRCT(r1)}})+\href{#PRXX}{PRXX(r1)} -\href{#PRCT}{PRCT(r1)})} +{(1-\href{#wage_p}{wage\_p(r1)})} *{(\href{#PRCT}{PRCT(r1)}-\href{#PRCL}{PRCL(r1)})} +\href{#wage_q}{wage\_q(r1)} *ln{ \left(\href{#LABO}{LABO(r1)}\right) } \]
Equation 36: WAGG
For r1 in regions (2 total):
\[ \href{#WAGG}{WAGG(r1)} = \href{#WAGE}{WAGE(r1)} \]
Equation 37: WAG
For r1 in regions, s in sec_std (4 total):
\[ \href{#WAG}{WAG(s,r1)} = \href{#WAGE}{WAGE(r1)} \]
Equation 38: CAP
For r1 in regions, s in sec_std (4 total):
\[ lead({\href{#CAP}{CAP(s,r1)}}) = \href{#JNV}{JNV(s,r1)} +{(1-\href{#delta}{delta(r1)}-\href{#labgrow}{labgrow(r1)})} *\href{#CAP}{CAP(s,r1)} \]
Equation 39: CAPY
For r1 in regions (2 total):
\[ lead({\href{#CAPY}{CAPY(r1)}}) = \href{#JNVY}{JNVY(r1)} +{(1-\href{#delta}{delta(r1)}-\href{#labgrow}{labgrow(r1)})} *\href{#CAPY}{CAPY(r1)} \]
Equation 40: CAPZ
For r1 in regions (2 total):
\[ lead({\href{#CAPZ}{CAPZ(r1)}}) = \href{#JNVZ}{JNVZ(r1)} +{(1-\href{#delta}{delta(r1)}-\href{#labgrow}{labgrow(r1)})} *\href{#CAPZ}{CAPZ(r1)} \]
Equation 41: INV
For r1 in regions, s in sec_std (4 total):
\[ \href{#INV}{INV(s,r1)} = \frac{{({(1+.5*{(\href{#TOB}{TOB(s,r1)}-1)})}*{(\href{#TOB}{TOB(s,r1)}-1)} *\href{#CAP}{CAP(s,r1)})}}{\href{#phi}{phi(s,r1)}} *\href{#forei}{forei(s,r1)} +\frac{{({(1+.5*{(\href{#TPA}{TPA(s,r1)}-1)})}*{(\href{#TPA}{TPA(s,r1)}-1)} *\href{#CAP}{CAP(s,r1)})}}{\href{#phi}{phi(s,r1)}} *{(1-\href{#forei}{forei(s,r1)})} +\href{#SHKI}{SHKI(r1,s)} \]
Equation 42: JNV
For r1 in regions, s in sec_std (4 total):
\[ \href{#JNV}{JNV(s,r1)} = \frac{{(\href{#INV}{INV(s,r1)} +\frac{\href{#phi}{phi(s,r1)}}{2}*\href{#base_jk}{base\_jk(s,r1)}^2 *\href{#CAP}{CAP(s,r1)})}}{{(1 +\href{#phi}{phi(s,r1)}*\href{#base_jk}{base\_jk(s,r1)})}} \]
Equation 43: INVY
For r1 in regions (2 total):
\[ \href{#INVY}{INVY(r1)} = \href{#JNVY}{JNVY(r1)} *{(1 +\frac{{(\frac{\href{#phi_y}{phi\_y(r1)}}{2}*\href{#JNVY}{JNVY(r1)})}}{\href{#CAPY}{CAPY(r1)}})} \]
Equation 44: INVZ
For r1 in regions (2 total):
\[ \href{#INVZ}{INVZ(r1)} = \href{#JNVZ}{JNVZ(r1)} *{(1 +\frac{{(\frac{\href{#phi_z}{phi\_z(r1)}}{2}*\href{#JNVZ}{JNVZ(r1)})}}{\href{#CAPZ}{CAPZ(r1)}})} \]
Equation 45: JNVY
For r1 in regions (2 total):
\[ \href{#JNVY}{JNVY(r1)} = \frac{{(\href{#CAPY}{CAPY(r1)} *{(\href{#fore_i_y}{fore\_i\_y(r1)}*\href{#TOBY}{TOBY(r1)} +{(1-\href{#fore_i_y}{fore\_i\_y(r1)})}*\href{#TPAY}{TPAY(r1)} -1)})}}{\href{#phi_y}{phi\_y(r1)}} \]
Equation 46: JNVZ
For r1 in regions (2 total):
\[ \href{#JNVZ}{JNVZ(r1)} = \frac{{(\href{#CAPZ}{CAPZ(r1)} *{(\href{#fore_i_z}{fore\_i\_z(r1)}*\href{#TOBZ}{TOBZ(r1)} +{(1-\href{#fore_i_z}{fore\_i\_z(r1)})}*\href{#TPAZ}{TPAZ(r1)} -1)})}}{\href{#phi_z}{phi\_z(r1)}} \]
Equation 47: LAM
For r1 in regions, s in sec_std (4 total):
\[ lead({\href{#LAM}{LAM(s,r1)}}) = {(1+\href{#INTR}{INTR(r1)}+\href{#RISE}{RISE(s,r1)} +\href{#delta}{delta(r1)})} *\href{#LAM}{LAM(s,r1)} -{(1-\href{#TCOR}{TCOR(r1)})} *exp{ \left( \href{#PRK}{PRK(s,r1)}-\href{#PRID}{PRID(r1)}\right) } -{(1-\href{#TITC}{TITC(s,r1)})} *exp{ \left( \href{#PRII}{PRII(r1)}-\href{#PRID}{PRID(r1)}\right) } *\frac{\href{#phi}{phi(s,r1)}}{2} *\frac{\href{#JNV}{JNV(s,r1)}}{\href{#CAP}{CAP(s,r1)}} ^2 \]
Equation 48: LAMY
For r1 in regions (2 total):
\[ lead({\href{#LAMY}{LAMY(r1)}}) = {(1+\href{#INTR}{INTR(r1)}+\href{#RISY}{RISY(r1)} +\href{#delta}{delta(r1)})} *\href{#LAMY}{LAMY(r1)} -{(1-\href{#TCOR}{TCOR(r1)})} *exp{ \left( \href{#PRKY}{PRKY(r1)}-\href{#PRID}{PRID(r1)}\right) } -exp{ \left( \href{#PRII}{PRII(r1)}-\href{#PRID}{PRID(r1)}\right) } *\frac{\href{#phi_y}{phi\_y(r1)}}{2} *\frac{\href{#JNVY}{JNVY(r1)}}{\href{#CAPY}{CAPY(r1)}} ^2 \]
Equation 49: LAMZ
For r1 in regions (2 total):
\[ lead({\href{#LAMZ}{LAMZ(r1)}}) = {(1+\href{#INTR}{INTR(r1)}+\href{#RISZ}{RISZ(r1)} +\href{#delta}{delta(r1)})} *\href{#LAMZ}{LAMZ(r1)} -exp{ \left( \href{#PRKZ}{PRKZ(r1)}-\href{#PRID}{PRID(r1)}\right) } -{(1-\href{#TITCH}{TITCH(r1)})} *exp{ \left( \href{#PRII}{PRII(r1)}-\href{#PRID}{PRID(r1)}\right) } *\frac{\href{#phi_z}{phi\_z(r1)}}{2} *\frac{\href{#JNVZ}{JNVZ(r1)}}{\href{#CAPZ}{CAPZ(r1)}} ^2 \]
Equation 50: TOB
For r1 in regions, s in sec_std (4 total):
\[ \href{#TOB}{TOB(s,r1)} = \frac{{(\href{#LAM}{LAM(s,r1)} *exp{ \left( \href{#PRID}{PRID(r1)}-\href{#PRII}{PRII(r1)}\right) })}}{{(1-\href{#TITC}{TITC(s,r1)})}} \]
Equation 51: TOBY
For r1 in regions (2 total):
\[ \href{#TOBY}{TOBY(r1)} = \href{#LAMY}{LAMY(r1)} *exp{ \left( \href{#PRID}{PRID(r1)}-\href{#PRII}{PRII(r1)}\right) } \]
Equation 52: TOBZ
For r1 in regions (2 total):
\[ \href{#TOBZ}{TOBZ(r1)} = \frac{{(\href{#LAMZ}{LAMZ(r1)} *exp{ \left( \href{#PRID}{PRID(r1)}-\href{#PRII}{PRII(r1)}\right) })}}{{(1-\href{#TITCH}{TITCH(r1)})}} \]
Equation 53: TPA
For r1 in regions, s in sec_std (4 total):
\[ lead({\href{#TPA}{TPA(s,r1)}}) = \href{#TPA}{TPA(s,r1)} +\href{#adapt}{adapt(r1)} *{(\href{#TOB}{TOB(s,r1)}-\href{#TPA}{TPA(s,r1)})} \]
Equation 54: TPAY
For r1 in regions (2 total):
\[ lead({\href{#TPAY}{TPAY(r1)}}) = \href{#TPAY}{TPAY(r1)} +\href{#adapt}{adapt(r1)} *{(\href{#TOBY}{TOBY(r1)}-\href{#TPAY}{TPAY(r1)})} \]
Equation 55: TPAZ
For r1 in regions (2 total):
\[ lead({\href{#TPAZ}{TPAZ(r1)}}) = \href{#TPAZ}{TPAZ(r1)} +\href{#adapt}{adapt(r1)} *{(\href{#TOBZ}{TOBZ(r1)}-\href{#TPAZ}{TPAZ(r1)})} \]
Equation 56: PRF
For r1 in regions, s in sec_std (4 total):
\[ \href{#PRF}{PRF(s,r1)} = \frac{{(\href{#OUP}{OUP(s,r1)} *exp{ \left(\href{#PRP}{PRP(s,r1)}\right) } -\href{#ENT}{ENT(s,r1)} *exp{ \left(\href{#PRE}{PRE(s,r1)}\right) } -\href{#LAB}{LAB(s,r1)} *exp{ \left(\href{#WAG}{WAG(s,r1)}\right) } -\href{#OIN}{OIN(s,r1)} *exp{ \left(\href{#POI}{POI(s,r1)}\right) } -{(1-\href{#TITC}{TITC(s,r1)})}*\href{#INV}{INV(s,r1)} *exp{ \left(\href{#PRII}{PRII(r1)}\right) })}}{exp{ \left(\href{#PRID}{PRID(r1)}\right) }} \]
Equation 57: PRFY
For r1 in regions (2 total):
\[ \href{#PRFY}{PRFY(r1)} = \frac{{(\href{#INVT}{INVT(r1)} *exp{ \left(\href{#PRII}{PRII(r1)}\right) } -\href{#IITE}{IITE(r1)} *exp{ \left(\href{#PRIE}{PRIE(r1)}\right) } -\href{#IITL}{IITL(r1)} *exp{ \left(\href{#WAGE}{WAGE(r1)}\right) } -\href{#IITO}{IITO(r1)} *exp{ \left(\href{#PROI}{PROI(r1)}\right) } -\href{#INVY}{INVY(r1)} *exp{ \left(\href{#PRII}{PRII(r1)}\right) })}}{exp{ \left(\href{#PRID}{PRID(r1)}\right) }} \]
Equation 58: PRFZ
For r1 in regions (2 total):
\[ \href{#PRFZ}{PRFZ(r1)} = \frac{{(\href{#CONP}{CONP(r1)} *exp{ \left(\href{#PRCT}{PRCT(r1)}\right) } -\href{#CNPE}{CNPE(r1)} *exp{ \left(\href{#PRCE}{PRCE(r1)}\right) } -\href{#CNPL}{CNPL(r1)} *exp{ \left(\href{#WAGE}{WAGE(r1)}\right) } -\href{#CNPO}{CNPO(r1)} *exp{ \left(\href{#PRCO}{PRCO(r1)}\right) } -{(1-\href{#TITCH}{TITCH(r1)})}*\href{#INVZ}{INVZ(r1)} *exp{ \left(\href{#PRII}{PRII(r1)}\right) })}}{exp{ \left(\href{#PRID}{PRID(r1)}\right) }} \]
Equation 59: PRFT
For r1 in regions (2 total):
\[ \href{#PRFT}{PRFT(r1)} = \sum_{s \; \text{in} \; \href{#sec_std}{sec\_std}} { \left(\href{#PRF}{PRF(s,r1)}\right) } +\href{#PRFY}{PRFY(r1)} \]
Equation 60: STM
For r1 in regions, s in sec_std (4 total):
\[ \href{#STM}{STM(s,r1)} = \frac{{(\href{#LAM}{LAM(s,r1)}*\href{#CAP}{CAP(s,r1)})}}{{(1-\href{#TITC}{TITC(s,r1)})}} \]
Equation 61: STMT
For r1 in regions (2 total):
\[ \href{#STMT}{STMT(r1)} = \sum_{s \; \text{in} \; \href{#sec_std}{sec\_std}} { \left(\href{#STM}{STM(s,r1)}\right) } \]
Equation 62: INVP
For r1 in regions (2 total):
\[ \href{#INVP}{INVP(r1)} = \sum_{s \; \text{in} \; \href{#sec_std}{sec\_std}} { \left(\href{#INV}{INV(s,r1)}\right) } \]
Equation 63: INVT
For r1 in regions (2 total):
\[ \href{#INVT}{INVT(r1)} = \href{#INVY}{INVY(r1)}+\href{#INVZ}{INVZ(r1)} +\href{#INVP}{INVP(r1)} \]
Equation 64: PRID
For r1 in regions (2 total):
\[ \href{#PRID}{PRID(r1)} = \sum_{g \; \text{in} \; \href{#goods}{goods}} { \left(\href{#prid_weight}{prid\_weight(g,r1)}*\href{#PRD}{PRD(g,r1)}\right) } \]
Equation 65: PRIX
For r1 in regions (2 total):
\[ \href{#PRIX}{PRIX(r1)} = \sum_{g3 \; \text{in} \; \href{#goods_o}{goods\_o}} { \left(\href{#prix_weight}{prix\_weight(g3,r1)}*\href{#PRX}{PRX(g3,r1)}\right) } \]
Equation 66: OUTP
For r1 in regions (2 total):
\[ \href{#OUTP}{OUTP(r1)} = \frac{\sum_{g \; \text{in} \; \href{#goods}{goods}} { \left(exp{ \left(\href{#PRD}{PRD(g,r1)}\right) } *\href{#OUG}{OUG(g,r1)}\right) }}{exp{ \left(\href{#PRID}{PRID(r1)}\right) }} \]
Equation 67: OUTL
For r1 in regions (2 total):
\[ lead({\href{#OUTL}{OUTL(r1)}}) = \href{#OUTP}{OUTP(r1)} \]
Equation 68: INCM
For r1 in regions (2 total):
\[ \href{#INCM}{INCM(r1)} = \href{#TRAN}{TRAN(r1)}-\href{#TAXL}{TAXL(r1)} +\href{#INTR}{INTR(r1)}*\href{#BOND}{BOND(r1)} +\frac{\href{#IRAS}{IRAS(r1)}}{exp{ \left(\href{#REXN}{REXN(r1)}\right) }} +\href{#PRFZ}{PRFZ(r1)} +{(1-\href{#TCOR}{TCOR(r1)})}*\href{#PRFT}{PRFT(r1)} +\frac{{({(1-\href{#TINC}{TINC(r1)})} *{(exp{ \left(\href{#WAGE}{WAGE(r1)}\right) } *{(\href{#IITL}{IITL(r1)}+\href{#CNPL}{CNPL(r1)})} +exp{ \left(\href{#WAGG}{WAGG(r1)}\right) } *\href{#GOVL}{GOVL(r1)} +\sum_{s \; \text{in} \; \href{#sec_std}{sec\_std}} { \left(exp{ \left(\href{#WAG}{WAG(s,r1)}\right) } *\href{#LAB}{LAB(s,r1)}\right) })})}}{exp{ \left(\href{#PRID}{PRID(r1)}\right) }} \]
Equation 69: CONP
For r1 in regions (2 total):
\[ \href{#CONP}{CONP(r1)} = \href{#fore_c}{fore\_c(r1)} *{(\href{#timepref}{timepref(r1)}+\href{#RISW}{RISW(r1)})} *\href{#WELT}{WELT(r1)} *exp{ \left( \href{#PRID}{PRID(r1)}-\href{#PRCT}{PRCT(r1)}\right) } +{(1-\href{#fore_c}{fore\_c(r1)})}*\href{#mpc}{mpc(r1)} *\href{#INCM}{INCM(r1)} *exp{ \left( \href{#PRID}{PRID(r1)}-\href{#PRCT}{PRCT(r1)}\right) } +\href{#SHKC}{SHKC(r1)} \]
Equation 70: IRAS
For o1 in owner (2 total):
\[ \href{#IRAS}{IRAS(o1)} = \sum_{c \; \text{in} \; \href{#currency}{currency}} { \left(\href{#INTR}{INTR(c)} *exp{ \left(\href{#REXN}{REXN(c)}\right) } *\href{#ASSE}{ASSE(c,o1)}\right) } \]
Equation 71: INAS
For o1 in owner (2 total):
\[ \href{#INAS}{INAS(o1)} = \sum_{c \; \text{in} \; \href{#currency}{currency}} { \left(\href{#INTN}{INTN(c)} *exp{ \left(\href{#REXN}{REXN(c)}\right) } *\href{#ASSE}{ASSE(c,o1)}\right) } \]
Equation 72: CNPL
For r1 in regions (2 total):
\[ \href{#CNPL}{CNPL(r1)} = exp{ \left( \href{#SHLZ}{SHLZ(r1)}+\href{#SHYZ}{SHYZ(r1)}\right) } ^{(\href{#sigma_oH}{sigma\_oH(r1)}-1)} *\href{#delta_oH}{delta\_oH(\text{l},r1)} *\href{#CONP}{CONP(r1)} *exp{ \left( \href{#PRCT}{PRCT(r1)}-\href{#WAGE}{WAGE(r1)}\right) } ^\href{#sigma_oH}{sigma\_oH(r1)} \]
Equation 73: CNPE
For r1 in regions (2 total):
\[ \href{#CNPE}{CNPE(r1)} = exp{ \left( \href{#SHEFC}{SHEFC(r1)}+\href{#SHYZ}{SHYZ(r1)}\right) } ^{(\href{#sigma_oH}{sigma\_oH(r1)}-1)} *\href{#delta_oH}{delta\_oH(\text{e},r1)} *\href{#CONP}{CONP(r1)} *exp{ \left( \href{#PRCT}{PRCT(r1)}-\href{#PRCE}{PRCE(r1)}\right) } ^\href{#sigma_oH}{sigma\_oH(r1)} \]
Equation 74: CNPO
For r1 in regions (2 total):
\[ \href{#CNPO}{CNPO(r1)} = exp{ \left(\href{#SHYZ}{SHYZ(r1)}\right) } ^{(\href{#sigma_oH}{sigma\_oH(r1)}-1)} *\href{#delta_oH}{delta\_oH(\text{m},r1)} *\href{#CONP}{CONP(r1)} *exp{ \left( \href{#PRCT}{PRCT(r1)}-\href{#PRCO}{PRCO(r1)}\right) } ^\href{#sigma_oH}{sigma\_oH(r1)} \]
Equation 75: CNPK
For r1 in regions (2 total):
\[ \href{#CNPK}{CNPK(r1)} = exp{ \left(\href{#SHYZ}{SHYZ(r1)}\right) } ^{(\href{#sigma_oH}{sigma\_oH(r1)}-1)} *\href{#delta_oH}{delta\_oH(\text{k},r1)} *\href{#CONP}{CONP(r1)} *exp{ \left( \href{#PRCT}{PRCT(r1)}-\href{#PRKZ}{PRKZ(r1)}\right) } ^\href{#sigma_oH}{sigma\_oH(r1)} \]
Equation 76: CON
For g1 in goods_e, r1 in regions (2 total):
\[ \href{#CON}{CON(g1,r1)} = \href{#delta_eH}{delta\_eH(g1,r1)}*\href{#CNPE}{CNPE(r1)} *exp{ \left( \href{#PRCE}{PRCE(r1)}-\href{#PRY}{PRY(g1,r1)}\right) } ^\href{#sigma_eH}{sigma\_eH(r1)} \]
Equation 77: CON
For g2 in goods_m, r1 in regions (2 total):
\[ \href{#CON}{CON(g2,r1)} = \href{#delta_mH}{delta\_mH(g2,r1)}*\href{#CNPO}{CNPO(r1)} *exp{ \left( \href{#PRCO}{PRCO(r1)}-\href{#PRY}{PRY(g2,r1)}\right) } ^\href{#sigma_mH}{sigma\_mH(r1)} \]
Equation 78: PRCT
For r1 in regions (2 total):
\[ \href{#PRCT}{PRCT(r1)} = \href{#cd_oH}{cd\_oH(r1)} *{(\href{#delta_oH}{delta\_oH(\text{k},r1)}*\href{#PRKZ}{PRKZ(r1)} +\href{#delta_oH}{delta\_oH(\text{l},r1)}*\href{#WAGE}{WAGE(r1)} +\href{#delta_oH}{delta\_oH(\text{e},r1)}*\href{#PRCE}{PRCE(r1)} +\href{#delta_oH}{delta\_oH(\text{m},r1)}*\href{#PRCO}{PRCO(r1)} -\href{#delta_oH}{delta\_oH(\text{l},r1)}*\href{#SHLZ}{SHLZ(r1)} -\href{#delta_oH}{delta\_oH(\text{e},r1)}*\href{#SHEFC}{SHEFC(r1)})} +\frac{{({(1-\href{#cd_oH}{cd\_oH(r1)})} *ln{ \left( \href{#delta_oH}{delta\_oH(\text{k},r1)} *exp{ \left(\href{#PRKZ}{PRKZ(r1)}\right) } ^{(1-\href{#sigma_oH}{sigma\_oH(r1)})} +\href{#delta_oH}{delta\_oH(\text{l},r1)} *exp{ \left( \href{#WAGE}{WAGE(r1)}-\href{#SHLZ}{SHLZ(r1)}\right) } ^{(1-\href{#sigma_oH}{sigma\_oH(r1)})} +\href{#delta_oH}{delta\_oH(\text{e},r1)} *exp{ \left( \href{#PRCE}{PRCE(r1)}-\href{#SHEFC}{SHEFC(r1)}\right) } ^{(1-\href{#sigma_oH}{sigma\_oH(r1)})} +\href{#delta_oH}{delta\_oH(\text{m},r1)} *exp{ \left(\href{#PRCO}{PRCO(r1)}\right) } ^{(1-\href{#sigma_oH}{sigma\_oH(r1)})}\right) })}}{{(1 -\href{#sigma_oH}{sigma\_oH(r1)}*{(1-\href{#cd_oH}{cd\_oH(r1)})})}} -\href{#SHYZ}{SHYZ(r1)} \]
Equation 79: PRCE
For r1 in regions (2 total):
\[ \href{#PRCE}{PRCE(r1)} = \href{#cd_eH}{cd\_eH(r1)} *\sum_{g1 \; \text{in} \; \href{#goods_e}{goods\_e}} { \left(\href{#delta_eH}{delta\_eH(g1,r1)}*\href{#PRY}{PRY(g1,r1)}\right) } +\frac{{({(1-\href{#cd_eH}{cd\_eH(r1)})} *ln{ \left( \sum_{g1 \; \text{in} \; \href{#goods_e}{goods\_e}} { \left(\href{#delta_eH}{delta\_eH(g1,r1)} *exp{ \left(\href{#PRY}{PRY(g1,r1)}\right) } ^{(1-\href{#sigma_eH}{sigma\_eH(r1)})}\right) }\right) })}}{{(1 -\href{#sigma_eH}{sigma\_eH(r1)}*{(1-\href{#cd_eH}{cd\_eH(r1)})})}} \]
Equation 80: PRCO
For r1 in regions (2 total):
\[ \href{#PRCO}{PRCO(r1)} = \href{#cd_mH}{cd\_mH(r1)} *\sum_{g2 \; \text{in} \; \href{#goods_m}{goods\_m}} { \left(\href{#delta_mH}{delta\_mH(g2,r1)}*\href{#PRY}{PRY(g2,r1)}\right) } +\frac{{({(1-\href{#cd_mH}{cd\_mH(r1)})} *ln{ \left( \sum_{g2 \; \text{in} \; \href{#goods_m}{goods\_m}} { \left(\href{#delta_mH}{delta\_mH(g2,r1)} *exp{ \left(\href{#PRY}{PRY(g2,r1)}\right) } ^{(1-\href{#sigma_mH}{sigma\_mH(r1)})}\right) }\right) })}}{{(1 -\href{#sigma_mH}{sigma\_mH(r1)}*{(1-\href{#cd_mH}{cd\_mH(r1)})})}} \]
Equation 81: PRGT
For r1 in regions (2 total):
\[ \href{#PRGT}{PRGT(r1)} = \frac{\href{#delta_oG}{delta\_oG(\text{e},r1)}}{{(\href{#delta_oG}{delta\_oG(\text{e},r1)} +\href{#delta_oG}{delta\_oG(\text{m},r1)})}} *\sum_{g1 \; \text{in} \; \href{#goods_e}{goods\_e}} { \left(\href{#delta_eG}{delta\_eG(g1,r1)}*\href{#PRY}{PRY(g1,r1)}\right) } +\frac{\href{#delta_oG}{delta\_oG(\text{m},r1)}}{{(\href{#delta_oG}{delta\_oG(\text{e},r1)} +\href{#delta_oG}{delta\_oG(\text{m},r1)})}} *\sum_{g2 \; \text{in} \; \href{#goods_m}{goods\_m}} { \left(\href{#delta_mG}{delta\_mG(g2,r1)}*\href{#PRY}{PRY(g2,r1)}\right) } \]
Equation 82: MONE
For r1 in regions (2 total):
\[ \href{#MONE}{MONE(r1)} = \href{#PRID}{PRID(r1)} +ln{ \left(\href{#OUTP}{OUTP(r1)}\right) } +\href{#int_elast}{int\_elast(r1)}*\href{#INTN}{INTN(r1)} +\href{#SHKM}{SHKM(r1)} \]
Equation 83: INTF
For r1 in regions (2 total):
\[ \href{#INTF}{INTF(r1)} = \href{#INTN}{INTN(r1)}-lead({\href{#PRID}{PRID(r1)}}) +\href{#PRID}{PRID(r1)} \]
Equation 84: INTR
For r1 in regions (2 total):
\[ \href{#INTR}{INTR(r1)} = \href{#INTF}{INTF(r1)}+\href{#RISR}{RISR(r1)} \]
Equation 85: INFP
For r1 in regions (2 total):
\[ \href{#INFP}{INFP(r1)} = \href{#PRID}{PRID(r1)}-\href{#PRDL}{PRDL(r1)} \]
Equation 86: PRCL
For r1 in regions (2 total):
\[ lead({\href{#PRCL}{PRCL(r1)}}) = \href{#PRCT}{PRCT(r1)} \]
Equation 87: PRDL
For r1 in regions (2 total):
\[ lead({\href{#PRDL}{PRDL(r1)}}) = \href{#PRID}{PRID(r1)} \]
Equation 88: GDPN
For r1 in regions (2 total):
\[ \href{#GDPN}{GDPN(r1)} = exp{ \left(\href{#PRCT}{PRCT(r1)}\right) } *\href{#CONP}{CONP(r1)} +exp{ \left(\href{#PRID}{PRID(r1)}\right) } *\href{#GCET}{GCET(r1)} +exp{ \left(\href{#PRII}{PRII(r1)}\right) } *\href{#INVT}{INVT(r1)} +exp{ \left(\href{#PRID}{PRID(r1)}\right) } *\href{#TBAL}{TBAL(r1)} +\sum_{g3 \; \text{in} \; \href{#goods_o}{goods\_o}} { \left(exp{ \left(\href{#PRII}{PRII(r1)}\right) } *\href{#INS}{INS(r1,g3)}\right) } \]
Equation 89: GDPR
For r1 in regions (2 total):
\[ \href{#GDPR}{GDPR(r1)} = \href{#CONP}{CONP(r1)}+\href{#GCET}{GCET(r1)} +\href{#INVT}{INVT(r1)} +\href{#TBAL}{TBAL(r1)} +\sum_{g3 \; \text{in} \; \href{#goods_o}{goods\_o}} { \left(\href{#INS}{INS(r1,g3)}\right) } \]
Equation 90: PGDP
For r1 in regions (2 total):
\[ \href{#PGDP}{PGDP(r1)} = ln{ \left(\href{#GDPN}{GDPN(r1)}\right) } -ln{ \left(\href{#GDPR}{GDPR(r1)}\right) } \]
Equation 91: GNPR
For r1 in regions (2 total):
\[ \href{#GNPR}{GNPR(r1)} = \href{#GDPR}{GDPR(r1)} +\frac{{(\href{#PBAL}{PBAL(r1)}+\href{#IRAS}{IRAS(r1)})}}{exp{ \left(\href{#REXN}{REXN(r1)}\right) }} \]
Equation 92: CURN
For r1 in regions (2 total):
\[ \href{#CURN}{CURN(r1)} = \href{#TBAL}{TBAL(r1)} +\frac{{(\href{#PBAL}{PBAL(r1)}+\href{#INAS}{INAS(r1)})}}{exp{ \left(\href{#REXN}{REXN(r1)}\right) }} \]
Equation 93: CURR
For r1 in regions (2 total):
\[ \href{#CURR}{CURR(r1)} = \href{#TBAU}{TBAU(r1)}+\href{#PBAL}{PBAL(r1)} +\href{#IRAS}{IRAS(r1)} \]
Equation 94: WELT
For r1 in regions (2 total):
\[ \href{#WELT}{WELT(r1)} = \href{#BOND}{BOND(r1)} +\frac{\href{#ASSU}{ASSU(r1)}}{exp{ \left(\href{#REXN}{REXN(r1)}\right) }} +\frac{{(\href{#mongdp}{mongdp(r1)} *exp{ \left(\href{#MONE}{MONE(r1)}\right) })}}{exp{ \left(\href{#PRID}{PRID(r1)}\right) }} +\href{#WELH}{WELH(r1)} +\href{#LAMY}{LAMY(r1)}*\href{#CAPY}{CAPY(r1)} +\href{#LAMZ}{LAMZ(r1)}*\href{#CAPZ}{CAPZ(r1)} +\sum_{s \; \text{in} \; \href{#sec_std}{sec\_std}} { \left(\href{#STM}{STM(s,r1)}\right) } \]
Equation 95: WELH
For r1 in regions (2 total):
\[ lead({\href{#WELH}{WELH(r1)}}) = {(1+\href{#RISW}{RISW(r1)}+\href{#RISH}{RISH(r1)} +\href{#INTR}{INTR(r1)} -\href{#labgrow}{labgrow(r1)})} *\href{#WELH}{WELH(r1)} -\href{#TRAN}{TRAN(r1)} +\href{#TAXH}{TAXH(r1)} +\href{#TAXL}{TAXL(r1)} -\frac{{(exp{ \left(\href{#WAGE}{WAGE(r1)}\right) } *{(\href{#IITL}{IITL(r1)}+\href{#CNPL}{CNPL(r1)})} +exp{ \left(\href{#WAGG}{WAGG(r1)}\right) } *\href{#GOVL}{GOVL(r1)} +\sum_{s \; \text{in} \; \href{#sec_std}{sec\_std}} { \left(exp{ \left(\href{#WAG}{WAG(s,r1)}\right) } *\href{#LAB}{LAB(s,r1)}\right) })}}{exp{ \left(\href{#PRID}{PRID(r1)}\right) }} \]
Equation 96: SAVI
For r1 in regions (2 total):
\[ \href{#SAVI}{SAVI(r1)} = \href{#INVT}{INVT(r1)} *exp{ \left( \href{#PRII}{PRII(r1)}-\href{#PRID}{PRID(r1)}\right) } +\frac{\href{#CURR}{CURR(r1)}}{exp{ \left(\href{#REXN}{REXN(r1)}\right) }} +\href{#DEFI}{DEFI(r1)} \]
Equation 97: SAVN
For r1 in regions (2 total):
\[ \href{#SAVN}{SAVN(r1)} = \href{#INVT}{INVT(r1)} *exp{ \left( \href{#PRII}{PRII(r1)}-\href{#PRID}{PRID(r1)}\right) } +\href{#CURN}{CURN(r1)} +\href{#DEFN}{DEFN(r1)} \]
Equation 98: SAVT
For r1 in regions (2 total):
\[ \href{#SAVT}{SAVT(r1)} = \href{#INVT}{INVT(r1)} *exp{ \left( \href{#PRII}{PRII(r1)}-\href{#PRID}{PRID(r1)}\right) } +\href{#CURN}{CURN(r1)} \]
Equation 99: TBAL
For r1 in regions (2 total):
\[ \href{#TBAL}{TBAL(r1)} = \href{#EXQT}{EXQT(r1)}-\href{#IMQT}{IMQT(r1)} \]
Equation 100: TBAU
For r1 in regions (2 total):
\[ \href{#TBAU}{TBAU(r1)} = \href{#TBAL}{TBAL(r1)} *exp{ \left(\href{#REXN}{REXN(r1)}\right) } \]
Equation 101: EXCH
\[ \href{#EXCH}{EXCH(n)} = \href{#REXN}{REXN(n)}-\href{#PRID}{PRID(n)} +\href{#PRID}{PRID(\text{USA})} \]
Equation 102: EXCL
For r1 in regions (2 total):
\[ lead({\href{#EXCL}{EXCL(r1)}}) = \href{#EXCH}{EXCH(r1)} \]
Equation 103: REXC
For r1 in regions (2 total):
\[ lead({\href{#REXC}{REXC(r1)}}) = \href{#REXC}{REXC(r1)}-\href{#INTR}{INTR(r1)} +\href{#INTR}{INTR(\text{USA})} +\href{#EXCR}{EXCR(r1)} \]
Equation 104: REXN
For r1 in regions (2 total):
\[ \href{#REXN}{REXN(r1)} = \href{#REXC}{REXC(r1)} \]
Equation 105: NEER
For d in dest (2 total):
\[ \href{#NEER}{NEER(d)} = {( -\sum_{o \; \text{in} \; \href{#orig}{orig}} { \left(\href{#eer_weight}{eer\_weight(d,o)} *{(\href{#EXCH}{EXCH(o)}-\href{#EXCH}{EXCH(d)})}\right) })} \]
Equation 106: REER
For d in dest (2 total):
\[ \href{#REER}{REER(d)} = {( -\sum_{o \; \text{in} \; \href{#orig}{orig}} { \left(\href{#eer_weight}{eer\_weight(d,o)} *{(\href{#REXN}{REXN(o)}-\href{#REXN}{REXN(d)})}\right) })} \]
Equation 107: ABUY
For o1 in owner (2 total):
\[ \href{#ABUY}{ABUY(o1)} = \sum_{a \; \text{in} \; \href{#abroad}{abroad}} { \left(\href{#ainv}{ainv(o1,a)}*\href{#CURR}{CURR(a)}\right) } \]
Equation 108: ASSE
For c in currency, o1 in owner (4 total):
\[ lead({\href{#ASSE}{ASSE(c,o1)}}) = \href{#ASSE}{ASSE(c,o1)}*{(1-\href{#labgrow}{labgrow(o1)})} +\frac{{(\href{#ashr}{ashr(c,o1)}*\href{#ABUY}{ABUY(o1)} +\href{#aeye}{aeye(c,o1)} *{(\href{#CURR}{CURR(o1)}-\href{#ABUY}{ABUY(o1)})})}}{exp{ \left(\href{#REXN}{REXN(c)}\right) }} \]
Equation 109: ASSU
For o1 in owner (2 total):
\[ \href{#ASSU}{ASSU(o1)} = \sum_{c \; \text{in} \; \href{#currency}{currency}} { \left(exp{ \left(\href{#REXN}{REXN(c)}\right) } *\href{#ASSE}{ASSE(c,o1)}\right) } \]
Equation 110: EYGR
For r1 in regions (2 total):
\[ \href{#EYGR}{EYGR(r1)} = ln{ \left(lead({\href{#OUTP}{OUTP(r1)}})\right) } -ln{ \left(\href{#OUTP}{OUTP(r1)}\right) } \]
Equation 111: EPRC
For r1 in regions (2 total):
\[ \href{#EPRC}{EPRC(r1)} = lead({\href{#PRCT}{PRCT(r1)}})-\href{#PRCT}{PRCT(r1)} \]
Equation 112: INFL
For r1 in regions (2 total):
\[ \href{#INFL}{INFL(r1)} = \href{#PRCT}{PRCT(r1)}-\href{#PRCL}{PRCL(r1)} \]
Equation 113: PRCOL
For r1 in regions (2 total):
\[ lead({\href{#PRCOL}{PRCOL(r1)}}) = \href{#PRCO}{PRCO(r1)} \]
Equation 114: INFCL
For r1 in regions (2 total):
\[ \href{#INFCL}{INFCL(r1)} = \href{#PRCO}{PRCO(r1)}-\href{#PRCOL}{PRCOL(r1)} \]
Equation 115: YGRO
For r1 in regions (2 total):
\[ \href{#YGRO}{YGRO(r1)} = ln{ \left(\href{#OUTP}{OUTP(r1)}\right) } -ln{ \left(\href{#OUTL}{OUTL(r1)}\right) } \]
Equation 116: GNEN
For r1 in regions (2 total):
\[ \href{#GNEN}{GNEN(r1)} = exp{ \left(\href{#PRCT}{PRCT(r1)}\right) } *\href{#CONP}{CONP(r1)} +exp{ \left(\href{#PRID}{PRID(r1)}\right) } *\href{#GCET}{GCET(r1)} +exp{ \left(\href{#PRII}{PRII(r1)}\right) } *\href{#INVT}{INVT(r1)} +\sum_{g3 \; \text{in} \; \href{#goods_o}{goods\_o}} { \left(exp{ \left(\href{#PRII}{PRII(r1)}\right) } *\href{#INS}{INS(r1,g3)}\right) } \]
Equation 117: GNER
For r1 in regions (2 total):
\[ \href{#GNER}{GNER(r1)} = \href{#CONP}{CONP(r1)}+\href{#GCET}{GCET(r1)} +\href{#INVT}{INVT(r1)} +\sum_{g3 \; \text{in} \; \href{#goods_o}{goods\_o}} { \left(\href{#INS}{INS(r1,g3)}\right) } \]
Equation 118: INTN
For r1 in regions (2 total):
\[ \href{#INTN}{INTN(r1)} = \href{#mrule_r}{mrule\_r(r1)}*\href{#INTL}{INTL(r1)} +\href{#mrule_ex}{mrule\_ex(r1)} *{(\href{#EXCH}{EXCH(r1)}-\href{#EXCL}{EXCL(r1)} -\href{#EXCX}{EXCX(r1)})} +\href{#mrule_1}{mrule\_1(r1)} *{(\href{#INFL}{INFL(r1)}-\href{#INFX}{INFX(r1)})} +\href{#mrule_2}{mrule\_2(r1)} *{(\href{#INFP}{INFP(r1)}-\href{#INFX}{INFX(r1)})} +\href{#mrule_3}{mrule\_3(r1)} *{(\href{#INFCL}{INFCL(r1)}-\href{#INFX}{INFX(r1)})} +\href{#mrule_4}{mrule\_4(r1)} *{(\href{#PRCT}{PRCT(r1)}-\href{#PTAR}{PTAR(r1)})} +\href{#mrule_5}{mrule\_5(r1)} *{(\href{#PRID}{PRID(r1)}-\href{#PTAR}{PTAR(r1)})} +\href{#mrule_6}{mrule\_6(r1)} *{(\href{#WAGE}{WAGE(r1)}-\href{#PTAR}{PTAR(r1)})} +\href{#mrule_7}{mrule\_7(r1)}*0 +\href{#mrule_8}{mrule\_8(r1)} *{(ln{ \left(\href{#OUTP}{OUTP(r1)}\right) } -ln{ \left(\href{#OUTL}{OUTL(r1)}\right) } -\href{#ROGY}{ROGY(r1)})} +\href{#mrule_9}{mrule\_9(r1)} *{(ln{ \left(\href{#OUTP}{OUTP(r1)}\right) } -ln{ \left(\href{#OUTL}{OUTL(r1)}\right) } -\href{#ROGY}{ROGY(r1)} +\href{#INFP}{INFP(r1)} -\href{#INFX}{INFX(r1)})} +\href{#mrule_10}{mrule\_10(r1)} *{(ln{ \left(\href{#GDPN}{GDPN(r1)}\right) } -\href{#ROGY}{ROGY(r1)})} +\href{#mrule_11}{mrule\_11(r1)} *{(ln{ \left(\href{#OUTP}{OUTP(r1)}\right) } +\href{#PRID}{PRID(r1)})} +\href{#mrule_12}{mrule\_12(r1)} *ln{ \left( \href{#OUTP}{OUTP(r1)} *exp{ \left(\href{#PRID}{PRID(r1)}\right) } -\href{#TBAL}{TBAL(r1)}\right) } +\href{#mrule_13}{mrule\_13(r1)} *{(\href{#EPRC}{EPRC(r1)}-\href{#INFX}{INFX(r1)})} +\href{#mrule_14}{mrule\_14(r1)} *{(\href{#EYGR}{EYGR(r1)}-\href{#ROGY}{ROGY(r1)})} +\href{#mrule_15}{mrule\_15(r1)} *{(ln{ \left(\href{#GNEN}{GNEN(r1)}\right) } -\href{#ROGY}{ROGY(r1)})} \]
Equation 119: INTL
For r1 in regions (2 total):
\[ lead({\href{#INTL}{INTL(r1)}}) = \href{#INTN}{INTN(r1)} \]
Equation 120: GCE
For g1 in goods_e, r1 in regions (2 total):
\[ \href{#GCE}{GCE(g1,r1)} = \frac{{(\href{#delta_eG}{delta\_eG(g1,r1)} *\frac{\href{#delta_oG}{delta\_oG(\text{e},r1)}}{{(\href{#delta_oG}{delta\_oG(\text{e},r1)} +\href{#delta_oG}{delta\_oG(\text{m},r1)})}} *\href{#GOVS}{GOVS(r1)} *exp{ \left(\href{#PRID}{PRID(r1)}\right) })}}{exp{ \left(\href{#PRY}{PRY(g1,r1)}\right) }} \]
Equation 121: GCE
For g2 in goods_m, r1 in regions (2 total):
\[ \href{#GCE}{GCE(g2,r1)} = \frac{{(\href{#delta_mG}{delta\_mG(g2,r1)} *\frac{\href{#delta_oG}{delta\_oG(\text{m},r1)}}{{(\href{#delta_oG}{delta\_oG(\text{e},r1)} +\href{#delta_oG}{delta\_oG(\text{m},r1)})}} *\href{#GOVS}{GOVS(r1)} *exp{ \left(\href{#PRID}{PRID(r1)}\right) })}}{exp{ \left(\href{#PRY}{PRY(g2,r1)}\right) }} \]
Equation 122: GCET
For r1 in regions (2 total):
\[ \href{#GCET}{GCET(r1)} = \frac{\sum_{g3 \; \text{in} \; \href{#goods_o}{goods\_o}} { \left(\href{#GCE}{GCE(g3,r1)} *exp{ \left(\href{#PRY}{PRY(g3,r1)}\right) }\right) }}{exp{ \left(\href{#PRID}{PRID(r1)}\right) }} \]
Equation 123: GOVT
For r1 in regions (2 total):
\[ \href{#GOVT}{GOVT(r1)} = \href{#GCET}{GCET(r1)} +\href{#GOVL}{GOVL(r1)} *exp{ \left( \href{#WAGG}{WAGG(r1)}-\href{#PRID}{PRID(r1)}\right) } \]
Equation 124: TRAN
For r1 in regions (2 total):
\[ \href{#TRAN}{TRAN(r1)} = \href{#TRANX}{TRANX(r1)} +\href{#transgdp}{transgdp(r1)}*\href{#OUTP}{OUTP(r1)} \]
Equation 125: TXM
For d in dest, g3 in goods_o (4 total):
\[ \href{#TXM}{TXM(g3,d)} = \frac{\sum_{o \; \text{in} \; \href{#orig}{orig}} { \left({(\href{#TIM}{TIM(g3,d,o)}*\href{#MUL}{MUL(d,o)} +\href{#TIF}{TIF(g3,d)}*\href{#FTA}{FTA(d,o)})} *exp{ \left(\href{#PIM}{PIM(g3,d,o)}\right) } *\href{#IMP}{IMP(g3,d,o)}\right) }}{exp{ \left(\href{#PRID}{PRID(d)}\right) }} \]
Equation 126: TAXM
For d in dest (2 total):
\[ \href{#TAXM}{TAXM(d)} = \sum_{g3 \; \text{in} \; \href{#goods_o}{goods\_o}} { \left(\href{#TXM}{TXM(g3,d)}\right) } \]
Equation 127: TAXX
For r1 in regions (2 total):
\[ \href{#TAXX}{TAXX(r1)} = \frac{\sum_{g3 \; \text{in} \; \href{#goods_o}{goods\_o}} { \left(\href{#TEX}{TEX(g3,r1)} *exp{ \left(\href{#PRS}{PRS(g3,r1)}\right) } *\href{#EXQ}{EXQ(g3,r1)}\right) }}{exp{ \left(\href{#PRID}{PRID(r1)}\right) }} \]
Equation 128: TAXH
For r1 in regions (2 total):
\[ \href{#TAXH}{TAXH(r1)} = \frac{{(\href{#TINC}{TINC(r1)} *{(exp{ \left(\href{#WAGE}{WAGE(r1)}\right) } *{(\href{#IITL}{IITL(r1)}+\href{#CNPL}{CNPL(r1)})} +exp{ \left(\href{#WAGG}{WAGG(r1)}\right) } *\href{#GOVL}{GOVL(r1)} +\sum_{s \; \text{in} \; \href{#sec_std}{sec\_std}} { \left(exp{ \left(\href{#WAG}{WAG(s,r1)}\right) } *\href{#LAB}{LAB(s,r1)}\right) })} -\href{#TITCH}{TITCH(r1)} *exp{ \left(\href{#PRII}{PRII(r1)}\right) } *\href{#INVZ}{INVZ(r1)})}}{exp{ \left(\href{#PRID}{PRID(r1)}\right) }} \]
Equation 129: BOND
For r1 in regions (2 total):
\[ lead({\href{#BOND}{BOND(r1)}}) = \href{#DEFI}{DEFI(r1)} +\href{#BOND}{BOND(r1)}*{(1-\href{#labgrow}{labgrow(r1)})} -\href{#PBAG}{PBAG(r1)} \]
Equation 130: TAXL
For r1 in regions (2 total):
\[ \href{#TAXL}{TAXL(r1)} = \href{#INTR}{INTR(r1)}*\href{#BOND}{BOND(r1)} +\href{#TAXS}{TAXS(r1)} \]
Equation 131: TAXT
For r1 in regions (2 total):
\[ \href{#TAXT}{TAXT(r1)} = \href{#TAXC}{TAXC(r1)}+\href{#TAXH}{TAXH(r1)} +\href{#TAXL}{TAXL(r1)} +\href{#TAXM}{TAXM(r1)} +\href{#TAXX}{TAXX(r1)} +\href{#TAXE}{TAXE(r1)} \]
Equation 132: DEFI
For r1 in regions (2 total):
\[ \href{#DEFI}{DEFI(r1)} = \href{#GOVT}{GOVT(r1)}+\href{#TRAN}{TRAN(r1)} -\href{#TAXT}{TAXT(r1)} +\href{#INTR}{INTR(r1)}*\href{#BOND}{BOND(r1)} \]
Equation 133: DEFN
For r1 in regions (2 total):
\[ \href{#DEFN}{DEFN(r1)} = \href{#DEFI}{DEFI(r1)} +{(\href{#INTN}{INTN(r1)}-\href{#INTR}{INTR(r1)})} *\href{#BOND}{BOND(r1)} \]
Equation 134: PRT
For g1 in goods_e, r1 in regions, s in sec_std (4 total):
\[ \href{#PRT}{PRT(s,g1,r1)} = ln{ \left( exp{ \left(\href{#PRS}{PRS(g1,r1)}\right) } *{(1+\href{#TAX}{TAX(g1,r1)})} +\href{#TXGS}{TXGS(s,g1,r1)}\right) } \]
Equation 135: EN
For g1 in goods_e, r1 in regions, s in sec_std (4 total):
\[ \href{#EN}{EN(s,g1,r1)} = \href{#delta_e}{delta\_e(r1,s,g1)}*\href{#ENT}{ENT(s,r1)} *exp{ \left( \href{#PRE}{PRE(s,r1)}-\href{#PRT}{PRT(s,g1,r1)}\right) } ^\href{#sigma_e}{sigma\_e(s,r1)} \]
Equation 136: OI
For g2 in goods_m, r1 in regions, s in sec_std (4 total):
\[ \href{#OI}{OI(s,g2,r1)} = \href{#delta_m}{delta\_m(r1,s,g2)}*\href{#OIN}{OIN(s,r1)} *exp{ \left( \href{#POI}{POI(s,r1)}-\href{#PRY}{PRY(g2,r1)}\right) } ^\href{#sigma_m}{sigma\_m(s,r1)} \]
Equation 137: PRE
For r1 in regions, s in sec_std (4 total):
\[ \href{#PRE}{PRE(s,r1)} = \href{#cd_e}{cd\_e(s,r1)} *\sum_{g1 \; \text{in} \; \href{#goods_e}{goods\_e}} { \left(\href{#delta_e}{delta\_e(r1,s,g1)}*\href{#PRT}{PRT(s,g1,r1)}\right) } +\frac{{({(1-\href{#cd_e}{cd\_e(s,r1)})} *ln{ \left( \sum_{g1 \; \text{in} \; \href{#goods_e}{goods\_e}} { \left(\href{#delta_e}{delta\_e(r1,s,g1)} *exp{ \left(\href{#PRT}{PRT(s,g1,r1)}\right) } ^{(1-\href{#sigma_e}{sigma\_e(s,r1)})}\right) }\right) })}}{{(1 -\href{#sigma_e}{sigma\_e(s,r1)}*{(1-\href{#cd_e}{cd\_e(s,r1)})})}} \]
Equation 138: POI
For r1 in regions, s in sec_std (4 total):
\[ \href{#POI}{POI(s,r1)} = \href{#cd_m}{cd\_m(s,r1)} *\sum_{g2 \; \text{in} \; \href{#goods_m}{goods\_m}} { \left(\href{#delta_m}{delta\_m(r1,s,g2)}*\href{#PRY}{PRY(g2,r1)}\right) } +\frac{{({(1-\href{#cd_m}{cd\_m(s,r1)})} *ln{ \left( \sum_{g2 \; \text{in} \; \href{#goods_m}{goods\_m}} { \left(\href{#delta_m}{delta\_m(r1,s,g2)} *exp{ \left(\href{#PRY}{PRY(g2,r1)}\right) } ^{(1-\href{#sigma_m}{sigma\_m(s,r1)})}\right) }\right) })}}{{(1 -\href{#sigma_m}{sigma\_m(s,r1)}*{(1-\href{#cd_m}{cd\_m(s,r1)})})}} \]
Equation 139: TAXE
For r1 in regions (2 total):
\[ \href{#TAXE}{TAXE(r1)} = \href{#RVGS}{RVGS(r1)} \]
Equation 140: TAXC
For r1 in regions (2 total):
\[ \href{#TAXC}{TAXC(r1)} = \href{#TCOR}{TCOR(r1)} *{(\sum_{s \; \text{in} \; \href{#sec_std}{sec\_std}} { \left(\href{#PRF}{PRF(s,r1)}\right) } +\href{#PRFY}{PRFY(r1)})} +\frac{{(\sum_{g \; \text{in} \; \href{#goods}{goods}} { \left(\href{#TAX}{TAX(g,r1)} *exp{ \left(\href{#PRD}{PRD(g,r1)}\right) } *\href{#OUG}{OUG(g,r1)}\right) } +\sum_{g3 \; \text{in} \; \href{#goods_o}{goods\_o}} { \left(\href{#TAX}{TAX(g3,r1)} *exp{ \left(\href{#PMR}{PMR(g3,r1)}\right) } *\href{#IMQ}{IMQ(g3,r1)}\right) } -\sum_{s \; \text{in} \; \href{#sec_std}{sec\_std}} { \left(\href{#TITC}{TITC(s,r1)} *exp{ \left(\href{#PRII}{PRII(r1)}\right) } *\href{#INV}{INV(s,r1)}\right) } -\sum_{g3 \; \text{in} \; \href{#goods_o}{goods\_o}} { \left(\href{#TAX}{TAX(g3,r1)} *exp{ \left(\href{#PRS}{PRS(g3,r1)}\right) } *\href{#EXQ}{EXQ(g3,r1)}\right) })}}{exp{ \left(\href{#PRID}{PRID(r1)}\right) }} \]