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This paper proposes a novel dynamic joint rate and power control procedure for downlink data transmission in a multicell variable spreading factor wideband code-division multiple-access (WCDMA) system where the different users have similar quality-of-service requirements in terms of the signal-to-interference ratio (SIR). Two variations of the dynamic joint rate and power allocation procedure, namely, Algorithm-1 and Algorithm-2, are presented. The performances of these two schemes are compared to the performance of the optimal dynamic link adaptation for which the rate and power allocation is found by an exhaustive search. The optimality criterion is the maximization of the total radio link level capacity (or sum-rate capacity) in terms of the average number of radio link level frame transmitted per adaptation interval under constrained SIR and power limit in the base station transmitter. The proposed schemes have linear time complexity as compared to the exponential time complexity of the optimal scheme and achieve better radio link level throughput fairness compared to the optimal link adaptation scheme with a moderate loss in total throughput. Performance evaluation is carried out under random and directional micromobility models with uncorrelated and correlated long-term fading, respectively, in a cellular WCDMA environment for both the homogeneous (or uniform) and the nonhomogeneous (or nonuniform) traffic load scenarios.