gemTax_4_4: Some General Equilibrium Models with Endogenous Tax Rates

In GE: General Equilibrium Modeling

Some General Equilibrium Models with Endogenous Tax Rates

Description

Some general equilibrium models with endogenous tax rates.

Usage

gemTax_4_4(...)

Arguments

...	arguments to be passed to the function sdm2.

Examples

ge <- sdm2(
  A = function(state) {
    a.firm <- CD_A(alpha = 2, Beta = c(0.5, 0.5, 0, 0), state$p)
    a.laborer <- CD_A(alpha = 1, Beta = c(0.75, 0.25, 0, 0), state$p)
    a.government <- c(1, 0, 0, 0)
    a.planner <- c(0, 0, 2, 1)
    cbind(a.firm, a.laborer, a.government, a.planner)
  },
  B = matrix(c(
    1, 0, 0, 0,
    0, 0, 0, 0,
    0, 1, 0, 0,
    0, 0, 1, 0
  ), 4, 4, TRUE),
  S0Exg = matrix(c(
    NA, NA, NA, NA,
    NA, NA, NA, 100,
    NA, NA, NA, NA,
    NA, NA, NA, NA
  ), 4, 4, TRUE),
  names.commodity = c("prod", "lab", "util1", "util2"),
  names.agent = c("firm", "laborer", "government", "planner"),
  numeraire = "prod"
)

ge$p
ge$z
addmargins(ge$D, 2)
addmargins(ge$S, 2)
addmargins(ge$DV)
addmargins(ge$SV)

#### an equivalent 2-by-2 model.
dst.firm <- node_new("output",
  type = "CD",
  alpha = 2, beta = c(0.5, 0.5),
  "prod", "lab"
)

dst.planner <- node_new("util",
  type = "Leontief",
  a = c(2, 1),
  "util1", "util2"
)

node_set(dst.planner, "util1",
  type = "CD",
  alpha = 1, beta = c(0.75, 0.25),
  "prod", "lab"
)
node_set(dst.planner, "util2",
  type = "Leontief",
  a = 1,
  "prod"
)

ge <- sdm2(
  A = list(dst.firm, dst.planner),
  B = matrix(c(
    1, 0,
    0, 0
  ), 2, 2, TRUE),
  S0Exg = matrix(c(
    NA, NA,
    NA, 100
  ), 2, 2, TRUE),
  names.commodity = c("prod", "lab"),
  names.agent = c("firm", "planner"),
  numeraire = "prod"
)

ge$p
ge$z
addmargins(ge$D, 2)
addmargins(ge$S, 2)
addmargins(ge$DV)
addmargins(ge$SV)

GE documentation built on Nov. 8, 2023, 9:07 a.m.