CODEWITHSUNDEEP
productgams-matheconomics
pringlez
pringlez

Reputation: 11

Express multiple production functions using 1 equation in GAMS

I have three production sectors, agriculture (AGR), industry (IND) and services (SRV) which use different inputs. Agriculture is a function of capital (K), labour (L) and water (W). // AGR = (K(AGR)**alpha(AGR)) *(L(AGR)**beta(AGR)) * (W(AGR)**gamma(AGR)) Industry is a function of capital (K) and labour (L). // IND= (K(IND)**alpha(IND)) *(L(IND)**beta(IND))) Services are a function of capital and labour (L). // SRV = (K(SRV)**alpha(SRV)) *(L(SRV)**beta(SRV)) )

Do I need an equation to express each sector's production on GAMS? This is easy when it's just 3 production sectors, but what if there is more sectors? say 9 or 10? It's going to take a lot of effort. I think there has to be a trick to use 1 equation in GAMS.

Can I express the production function in GAMS with 1 equation that includes water for agriculture and excludes the use of water for Industry (IND) and services (SRV)? Thank you. (I'm new to programming and GAMS)

(I'm new to programming and GAMS)

Upvotes: 1

Views: 19

Answers (0)

Related Questions