Simulation
Posted: Wed Jul 21, 2010 7:59 am
I am very new to RATs and would like to perform a simple simulation exercise.
If I would like to simulate different responses in order to maintain a growth rate of GDP of 5% for example.
First assuming that Contribution of net exports to GDP is say -3.2% and private consumption expenditure to GDP is 3%
And I would like to simulate the increase in government spending required to maintain this 5% growth rate of GDP.
Is there any example of coding to do this?
If I would like to simulate different responses in order to maintain a growth rate of GDP of 5% for example.
First assuming that Contribution of net exports to GDP is say -3.2% and private consumption expenditure to GDP is 3%
And I would like to simulate the increase in government spending required to maintain this 5% growth rate of GDP.
Is there any example of coding to do this?