Trade - COFFEE-TEA: Difference between revisions
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Note: The documentation of COFFEE-TEA is 'under review' and is not yet 'published'!
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International trade follows an Armington's aggregation | International trade follows an Armington's aggregation[[CiteRef::armington1969theory]], in which a composite CES function differentiate consumer's preferences between imported and domestic goods.{{ModelDocumentationTemplate | ||
|IsEmpty=No | |IsEmpty=No | ||
|IsDocumentationOf=TEA | |IsDocumentationOf=TEA | ||
|DocumentationCategory=Trade | |DocumentationCategory=Trade | ||
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Revision as of 19:38, 18 December 2018
International trade follows an Armington's aggregationarmington1969theory, in which a composite CES function differentiate consumer's preferences between imported and domestic goods.
Note: The documentation of COFFEE-TEA is 'under review' and is not yet 'published'!| Corresponding documentation | |
|---|---|
| Previous versions | |
| Model information | |
| Model link | |
| Institution | COPPE/UFRJ (Cenergia), Brazil, http://www.cenergialab.coppe.ufrj.br/. |
| Solution concept | General equilibrium (closed economy) |
| Solution method | The COFFEE model is solved through Linear Programming (LP). The TEA model is formulated as a mixed complementary problem (MCP) and is solved through Mathematical Programming System for General Equilibrium -- MPSGE within GAMS using the PATH solver. |
| Anticipation | |