| Table 4.3 |
||
| VARIABLE |
DESCRIPTION |
NUMBER |
| Z |
Objective Function Value |
1 |
| PL |
Wage rate |
1 |
| PK |
Capital rate in short-run |
n |
| PKL |
Capital rate in the long run |
1 |
| PT |
Land rent |
1 |
| PN |
Net price |
n |
| PR |
Regional price |
n |
| P |
Composite price faced by consumers |
n |
| PX |
Composite price faced by producers |
n |
| LAB |
Labor demand |
n |
| CAP |
Capital demand |
n |
| LAND |
Land demand |
1 |
| TCAP |
Total Capital Demand |
1 |
| TLAB |
Total Labor Demand |
1 |
| LS |
Labor supply |
1 |
| LMIG |
Labor migration |
1 |
| KMIG |
Capital migration |
1 |
| VA |
Value added |
n |
| V |
Composite intermediate good demand |
nXn |
| VM |
Imported int good demand |
nXn |
| VR |
Reg int good demand |
nXn |
| R |
Regional supply |
n |
| X |
Output |
n |
| EXP |
Export |
n |
| M |
Import |
n |
| TVM |
Imported int good total demand |
n |
| TVR |
Reg int good total demand |
n |
| TV |
Composite intermediate good total demand |
n |
| adjL |
Labor adjustment |
1 |
| LY |
Labor income (original hhs) |
1 |
| ALY |
Adjusted labor income (staying + in-migrating) |
1 |
| KY |
Capital income (original capital stock) |
1 |
| TY |
Land income |
1 |
| YENT |
Enterprise income |
1 |
| RETENT |
Retained Earnings by enterprises |
1 |
| YH |
Income of hh staying in the region (including in-migrants) |
1 |
| DYH |
Disposable hh income (staying in the region + inmigra) |
1 |
| HSAV |
Household saving (staying +inmigrat) |
1 |
| SAV |
Total saving |
1 |
| INV |
Investment |
1 |
| YGOV |
gov revenue |
1 |
| IBTX |
Indirect business tax |
n |
| GRP |
Gross region product |
1 |
| AHEXP |
Adjusted household expenditure (spent within the region) |
1 |
| Q |
Demand for comp consump good |
n |
| QM |
Demand for imp consump good |
n |
| QR |
Demand for reg consump good |
n |
| GOVEXP |
gov expend |
1 |
| QGOV |
gov demand for comp good |
n |
| QGOVM |
gov demand for imported good |
n |
| QGOVR |
gov demand for reg good |
n |
| QINV |
Invest gov demand for comp good |
n |
| QINVM |
Invest gov demand for imported good |
n |
| QINVR |
Invest gov demand for reg good |
n |
| SLACK |
Slack variable |
n |
| SLACK2 |
Slack variable |
n |