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FPL-PELPS : a price endogenous linear programming system for economic modeling, supplement to PELPS III, version 1.1.Author(s): Patricia K. Lebow; Henry Spelter; Peter J. Ince
Source: Res. Pap. FPL-RP-614. Madison, WI : U.S. Dept. of Agriculture, Forest Service, Forest Products Laboratory, 2003. 32 pages.
Publication Series: Research Paper (RP)
Station: Forest Products Laboratory
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DescriptionThis report provides documentation and user information for FPL-PELPS, a personal computer price endogenous linear programming system for economic modeling. Originally developed to model the North American pulp and paper industry, FPL-PELPS follows its predecessors in allowing the modeling of any appropriate sector to predict consumption, production and capacity by technology, and trade within or among several regions or countries. The theoretical structure is that of spatial equilibrium modeling under competitive market assumptions. This report contains a mathematical description of the system, including its extensions from previous versions, and a detailed user's guide with an application of FPL-PELPS.
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CitationLebow, Patricia K.; Spelter, Henry; Ince, Peter J. 2003. FPL-PELPS : a price endogenous linear programming system for economic modeling, supplement to PELPS III, version 1.1. Res. Pap. FPL-RP-614. Madison, WI : U.S. Dept. of Agriculture, Forest Service, Forest Products Laboratory, 2003. 32 pages.
KeywordsEconomic model, linear programming, spatial equilibrium, international trade, price, demand, supply, capacity, technology, recycling, industry, pulp and paper, solid wood.
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