Industry-Level Emission Trading in the EU
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A.2 Market Clearance Conditions
10. Labor:
L = y y '4l
Lr y Yir д plr
11. Capital:
K = y y 'ʃ π
Kr y Yir д pkr
12. Natural resources:
Q,r = Y, P' is FF
d pqir
13. Output for domestic markets:
д ∏Yr = ŋ . д ∏djr
y ir д У Adjr д
д p V д p
14. Sector specific energy aggregate:
∂ π Yr
E = γ i-j-ιr
ir ir E
д Ргг
15. Import aggregate:
∂∏ д ∏ djr
Mr = У Ad∙r ^~ττ
d д Ргг