Question: GAMS PROGRAM BEGGINNER !!! SUBJECT I. GAMS program. How could you write it under GAMS? (6 points) 1. Start a GAMS file indicating the name
SUBJECT I. GAMS program. How could you write it under GAMS? (6 points) 1. Start a GAMS file indicating the name of the model "Model AUTETA' and the subtitle "Model of a closed economy with government' 2. Define the following sets: a. Four industries/commodities: i. Agriculture ii. Manufacturing iii. Services iv. Public administrations b. Two factors of production i. labor ii. capital c. Two categories of households i. salaried households ii. capitalists 3. Define the parameters which is the average propensity to save of type h household and knowing that SH, = WYDH 4. Define the following equations: 2. YG - + , , 4 DYE b. VApr = ALDEAKDA --der II. Simulations using AUTA. (7 points) What are the impacts of a 10% decrease of capital supply in manufacturing (KSMAN)? III. Simulations using AUTETA. (7 points) What are the impacts of a 10% increase of all indirect tax rate on commodity tr (tx.)? SUBJECT I. GAMS program. How could you write it under GAMS? (6 points) 1. Start a GAMS file indicating the name of the model "Model AUTETA' and the subtitle "Model of a closed economy with government' 2. Define the following sets: a. Four industries/commodities: i. Agriculture ii. Manufacturing iii. Services iv. Public administrations b. Two factors of production i. labor ii. capital c. Two categories of households i. salaried households ii. capitalists 3. Define the parameters which is the average propensity to save of type h household and knowing that SH, = WYDH 4. Define the following equations: 2. YG - + , , 4 DYE b. VApr = ALDEAKDA --der II. Simulations using AUTA. (7 points) What are the impacts of a 10% decrease of capital supply in manufacturing (KSMAN)? III. Simulations using AUTETA. (7 points) What are the impacts of a 10% increase of all indirect tax rate on commodity tr (tx.)
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