Contrary to the opinions expressed by many commentators, the recent price spike in agricultural commodities is a transitory phenomenon. Using projections from SIMPLE – a global model of the farm and food system – we argue that, in the long run, food prices will most likely resume their...

The GTAP standard model has proved a useful analysis tool and data source for over 20 years. The GTAP model has been updated overtime, but it maintains the structure of a single regional household, with income distributed into three components: government, private and savings-investment...

This paper introduces water into the GTAP modeling framework at a river basin level. The new model: 1) distinguishes between irrigated and rainfed agriculture using different production functions; 2) takes into account heterogeneity in land quality across agro-ecological zones; 3) traces supply...

In this paper we discuss the scope of the adaptation challenge facing world agriculture in the coming decades. Due to rising temperatures throughout the tropics, pressures for adaptation will be greatest in some of the poorest parts of the world where the adaptive capacity is least abundant. We...

In an attempt to control the flow of undocumented immigrants, successive US governments have considered everything from large scale deportation, amnesties, expanding visa programs, to fining firms who hire illegal workers. Using a comparative static model, Aguiar and Walmsley (2013), find that...

The prevalence of undocumented workers in the United States is a sensitive issue for U.S. policy makers with numerous policy responses contemplated by several different administrations. This paper examines the impact of possible reforms to U.S. immigration policy with respect to undocumented...

The GTAP Data Base provides a consistent snapshot of the global economy. It consists of a set of product-by-industry input output tables that represent the structures of more than 100 economies and are linked by bilateral merchandise and cross-border services trade. It is used to support a...

The GTAP standard model has proved a useful analysis tool and data source for over 20 years. The GTAP model has been updated overtime, but it maintains the structure of a single regional household, with income distributed into three components: government, private and savings-investment...

This study extends the literature on interfuel substitution by investigating the role of transactions costs and technological adjustment, focusing specifcally on differences across countries with different potential for fossil fuel production. We find that fossil fuel producing economies have...

The goal of this paper is to introduce FABLE (Forest, Agriculture, and Biofuels in a Land use model with Environmental services), a dynamic global model, aimed at analyzing the optimal profile for global land use in the context of growing commercial demands for food and forest products,...