. Author manuscript; available in PMC: 2020 Jun 2.

Published in final edited form as: J Glob Econ Anal. 2019;4(2):10.21642/jgea.040201af. doi: 10.21642/jgea.040201af

Table 5.

Nomenclature in the regional CGE model

Type	Item	Description
Activity Levels:	Y_r,s	Sectoral output
	A_r,g	Armington composite
	X_r,g	Supply allocation
	MS_r,m	Margin supply
Prices:	$p_{r, g}^{Y}$	Output market price
	$p_{r, g}^{A}$	Armington composite price index
	$p_{r, g}^{D}$	State level market price for goods
	$p_{g}^{N}$	National market price for goods
	p^FX	Foreign exchange rate
	$p_{r}^{L}$	Wage rates
	$p_{r, s}^{K}$	Capital rental rates
	$p_{r, m}^{M}$	Margins markup
Agents:	RA_r	Representative household income

Source: Authors’ nomenclature.