Cournot behavior under Constant Returns To Scale

This version:
        - uses recalibrated data base with Cournot markups
	- Allows for constant returns to scale

Experiment and corresponding files:

DEFAULT.EXP (Joe's exp #4) ==> DEFAULT.CLS;  DEFAULT.PRM; FRTRADE.SHF


See the GTAP Web Page for more information about these experiments and how to
use them to learn about RunGTAP and GEMPACK.
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I.	SUMMARY

        This version of GTAP uses a 3-good (manufactures, food, and services),
        2-region aggregation (Japan and Rest-of-World).
        This aggreation has one experiment featuring Noncooperative Cournot
        behavior in manufacturing sector (Japan) and constant returns to
        scale.


II.	REGIONS AND COMMODITIES


The regions are:
        Japan                                                   JAPAN
	Rest of the World                           		ROW

The 3 goods are:
        food, agriculture, and resources                        PRIMARY
        manufactures                                            MANUFACTURES
        all services                                            SERVICES



III.	EXPERIMENT FILES: SHOCKS, CLOSURES AND SOLUTION METHOD- :

        Use the "Hands-on Document to Introduce GEMPACK, GTAP and RunGTAP"
        in GTAP's web site. It contains a step by step guide to the use of
        RunGTAP: generating shocks, running experiments, looking at the
        results, saving experiments and results. This aggregation includes
        two shock files that can be loaded to simulate the experiments as
        explained below.

	SHOCKS

One set of shocks is provided as SHF file called FRTrade which is used
in this experiment. This shock statements read from two shock files:

                TMS.SHK: this file includes all the shocks necessary to
                        full removal of import tariffs between JAP and ROW

                TXS.SHK: this file includes all the shocks necessary to
                        eliminate the ad valorem export tariff rate between
                        JAP and ROW


Use the "Load File of Shocks" button on the shocks page to access the
SHF file: FRTrade.SHF.


	CLOSURE

        There is one closure: Standard Multiregional GE closure with
        Cournot behavior and constant returns to scale in manufacturing

        Closure file :          Default.cls



        SOLUTION METHOD: 
             
        MULTI-STEP EULER METHOD                        





