pause ** Demo4 is a simulation with a stroke of luck in the export prices in year 3 and 4.
pause ** Demo4 has to be simulated after finishing demo1, 2 and 3.
pause ** Look first at factor bppt.
pr bppt
pause ** Factor bppt is the exogenous export price. We improve that with 10 percent in year 3 and 4.
smpl 3 4
add bppt; 2*10;
pr bppt
pause ** We now will simulate the effects of 10 percent additional export price growth in year 3 and 4:
smpl 3 4
sim p; y
pause ** As baseline we use again the results of demo1.
base refpad.dmi
pause ** We compare the results of tis exportprice simulation with the base line for different time series:
pr dif(lbabpp) dif(loq) dif(rvblp) dif(wwqn)
pause ** Look now at the differences by means of a ready-made table:
table kernpdif.tbl
pause ** Now we will look at some differences by means of a grafic:
draw dif(rvblp) dif(wwqn); y
pause ** We set bppt back to its old value:
smpl 3 4
calc bppt=bppt-10
pause ** Some comment:
smpl 1 1; table txt4.tbl
pause ** You can leave MACMICS by pushing qq followed by <return>. If you want to see demo5, then type ai demo5<return>
pause ** You can also decide to make some simulations yourself.
