99 Determining the shared parameters table The shared parameters table provides an overview of supply and demand that does not divide the impact of imports and exports This table calculates the rati[.]
99 Determining the shared parameters table The shared parameters table provides an overview of supply and demand that does not divide the impact of imports and exports This table calculates the ratio of economic components as (Imp + Dom) / (Total Supply of Specified Field) Determining the nesting CES model The computational CES model uses real-world economic data to estimate political or technological changes and the market responses based on these changes A five-tier system was developed based on the CGE methodology to provide a detailed understanding of the impacts of price and market elasticity in accordance with the supplydemand balance This model is initiated by constructing a branching system that separates the three major sectors (Food-Energy-Water, Industry, and Service) and their presence The criteria that represent social indicators in this model are labour, capital, and tax The process is approached from two different perspectives here to discover the method with the least effect on the supply-demand imbalance or, in other words, the most resilient method The elasticity method is calculated by the following formula: (Total Supply of Specified Field except Tax)/ X1,2 A change in the coefficient of variation then allows us to examine the rate of change in the total supply over generations relative to aggregate demand, in which X1,2…5 is the aggregation of demand for the first, second and fifth economic sectors Developing a paired-elasticity coefficient I-O table A paired-elasticity coefficient table is then developed based on the nesting structure model, to be represented in the following “Typical nesting structure models”, for example – Figure 4-6, and Table 4-2 Model adjustment after CES Model corrections are then made using five generations of taxonomy based on the nesting CES calculations classified in step (b) and the elasticity coefficient selection Specifically, the price effects in the paired elasticity assumptions are presented in the calculations through generations