Márcio Aleixo 8/11/2015

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Hi, for my demand forecast study I'm using as activity level for some economic sectors the GDP of my region. So, I'm not quite sure how to proceed because of conversion of U.S Dollar into Real (R$), since it's not available in the leap. I'd like some help about it, please.

Regards,

Taylor Binnington 8/17/2015
 

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Hi,

I would actually recommend that all costs or monetized units that you enter into LEAP be specified in the same units, using real dollars from a particular monetary base year. If you enter a time series of GDP values, I find that the least error-prone method is to express these values using a common monetary unit before writing them into LEAP.

If this isn't helpful, then can you be more specific with your question?

Best,
Taylor