!----------------------------------------------------------------------! ! PROTO.TAB 1.01 ! ! Oct 95 (PJW) ! ! ! ! TABLO input file for PROTO, a simple static general equilibrium ! ! model. ! !----------------------------------------------------------------------! EQUATION (default=levels); VARIABLE (default=levels); FORMULA (default=initial); COEFFICIENT (default=parameter); !----------------------------------------------------------------------! ! These are the parameters: ! !----------------------------------------------------------------------! COEFFICIENT a; FORMULA a = 0.285; ! Utility function parameter ! COEFFICIENT b; FORMULA b = 2.040; ! Production function parameter ! !----------------------------------------------------------------------! ! Here are the variables. No distinction needs to be made between ! ! endogenous and exogenous variables since that is determined when ! ! the model is actually simulated. ! !----------------------------------------------------------------------! VARIABLE h # Total endowment of hours #; VARIABLE t # Initial tax rate #; VARIABLE p # Numeraire price #; VARIABLE y # Income #; VARIABLE w # Wage rate #; VARIABLE s # Subsidy to households #; VARIABLE c # Quantity consumed #; VARIABLE l # Labor supplied #; VARIABLE j # Leisure consumed #; VARIABLE q # Quantity produced #; !----------------------------------------------------------------------! ! Exogenous variables ! !----------------------------------------------------------------------! FORMULA p = 1.000; FORMULA h = 100.0; FORMULA t = 0.200; !----------------------------------------------------------------------! ! Here are base case values of variables appearing in coefficient ! ! expressions. These could be computed separately and stored in a ! ! file for a larger model. ! !----------------------------------------------------------------------! FORMULA w = 1.040; FORMULA y = 109.1863517; FORMULA s = 5.186351706; FORMULA l = 24.93438320; !----------------------------------------------------------------------! ! Finally, here are the equations: ! !----------------------------------------------------------------------! EQUATION eq1 y = w*h + s ; EQUATION eq2 p*(1+t)*c = a*y ; EQUATION eq3 w*j = (1-a)*y ; EQUATION eq4 w*l = a*y - s ; EQUATION eq5 l = q/b ; EQUATION eq6 p = w/(b-1) ; EQUATION eq7 t*p*c = s ;