Arm baseline

Author

LEEDS_MODEL — JUST2CE

Published

September 29, 2026

lambda, against submitted

The declared configuration of each arm, from data/arms.csv. submitted is this report’s reference.
switch submitted lambda differs
tar_spec submitted customs <– differs
rec_spec sector5 secondary <– differs
waste_spec last_sector treatment <– differs
price_spec coded coded
eq_spec coded adjudicated <– differs
wage_spec numeraire numeraire
armington_epsilon 0 0
wage_drift 0 0

lambda — Lambda (region-coded).

Run read from output/scenarios/arms/lambda/runs/baseline.RDS (cut 2026-09-29 06:52), reference from output/scenarios/arms/submitted/runs/baseline.RDS (cut 2026-09-23 09:50). Both ran all 100 periods.

What moves, and by how much

The fifteen widest gaps at t = 99, over the 29 aggregate variables these nine blocks cover. relative is the difference over the absolute reference value, so a sign change shows as a magnitude above 1.
variable region submitted lambda difference relative
gdef RoW 6.3961 15.5052 9.1091 1.4242
cab RoW -6.5366 -15.6482 -9.1116 -1.3939
cab EU 6.5366 15.6482 9.1116 1.3939
gdef EU -6.6010 -15.7046 -9.1036 -1.3791
rec RoW 4242.0097 1.6455 -4240.3641 -0.9996
rec EU 439.1987 5.9859 -433.2128 -0.9864
mat EU 647.1575 1090.2926 443.1352 0.6847
mat RoW 7658.3368 11943.9482 4285.6114 0.5596
b_s EU 1089.2191 751.1410 -338.0780 -0.3104
b_s RoW 5334.8099 5739.2537 404.4438 0.0758
tb EU 21.8614 20.8909 -0.9706 -0.0444
tb RoW -21.8614 -20.8909 0.9706 0.0444
ineq EU 0.7348 0.7027 -0.0321 -0.0437
lf EU 152.4000 147.5035 -4.8965 -0.0321
ydc EU 250.8385 257.5847 6.7463 0.0269

Fit against the calibration targets

Fitness on the twelve-concept target set. all_relative is the old LEEDS objective (each deviation over its own target); all_gdp divides instead by the region’s value-added target, so a near-zero target cannot dominate; real_relative is the eight real quantities only. Lower is closer.
arm all_relative all_gdp real_relative worst_gdp_cell worst_gdp_share
submitted 58.96345 0.019331 0.002010 Z2_b_s 55.44593
lambda 339.11772 0.028245 0.002161 Z2_b_s 55.31096

Economic

Macroeconomic

External

Social

Prices

Employment

Inequality

Debt.and.Wealth

Ecological

Provenance

This report is qmd/reports/arms/arm-baseline.qmd, rendered once per arm by R/render_arm_reports.R. It reads only cached baselines under output/scenarios/arms/<arm>/runs/baseline.RDS and runs no model.

The nine blocks are taken from ../LEEDS/policyreport 2/policy-report-aug13.Rmd. The two differences from that original: the two series are two arms rather than a baseline and a shock, so there is no shock line; and every block is drawn in levels, because the two arms start from different initial states and an index to each arm’s own t = 2 value compares those starting points rather than the paths.