FPL-PELPS : a price endogenous linear programming system for economic modeling, supplement to PELPS III, version 1.1.

Patricia K. Lebow; Henry N. Spelter; Peter J. Ince

doi:10.2737/FPL-RP-614

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FPL-PELPS : a price endogenous linear programming system for economic modeling, supplement to PELPS III, version 1.1.

Informally Refereed

Authors:

Patricia K. Lebow, Henry N. Spelter, Peter J. Ince

Year:

2003

Type:

Research Paper

Station:

Forest Products Laboratory

DOI:

https://doi.org/10.2737/FPL-RP-614

Source:

Res. Pap. FPL-RP-614. Madison, WI : U.S. Dept. of Agriculture, Forest Service, Forest Products Laboratory, 2003. 32 pages.

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Abstract

This 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.

Keywords

Economic model, linear programming, spatial equilibrium, international trade, price, demand, supply, capacity, technology, recycling, industry, pulp and paper, solid wood

Citation

Lebow, 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.