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August, 1999 This document is written for those who wish to contribute to the GTAP Data Base, whether by providing an input-output table for a country not separately represented in the data base, or by updating the table for a region that is already represented. It provides specifications and...
Persistent link: https://www.econbiz.de/10005515606
1998, March In static applied general equilibrium models, the exogenous/endogenous split between variables (or closure) is used to infer the time frame over which the effects of a shock are simulated. This paper introduces a long-run closure for the GTAP Model (Hertel and Tsigas, 1997) and uses...
Persistent link: https://www.econbiz.de/10005515609
The economics literature increasingly recognizes the importance of migration and its ties with many other aspects of development and policy. Examples include the role of international remittances (Harrison et al, 2003) or those immigrant-links underpinning the migration-trade nexus (Gould,...
Persistent link: https://www.econbiz.de/10005212437
First version September 1996, revised in November 2000 In economic simulation, results often hinge crucially on values of key exogenous inputs (the values of the parameters of the model and the shocks applied). Computational burden has, in the past, hindered systematic investigation of the...
Persistent link: https://www.econbiz.de/10005515604
October 1996 (edited January 2000 and March 2001) This paper offers a graphical exposition of the GTAP Model of global trade. Particular emphasis is placed on the accounting, or equilibrium, relationships in the model. It begins with a treatment of the a one region version of GTAP, thereafter...
Persistent link: https://www.econbiz.de/10005515605
The GTAP Model, versions 4.1 and lower, suffers from some defects in the implementation of the regional household demand system. Most seriously, the upper level of the demand system assumes that each regional household faces a fixed price for utility from private consumption. But with a private...
Persistent link: https://www.econbiz.de/10005515607
1996, July This paper explores trade policy and investment linkages in the GTAP Model. This is done under alternative steady-state closure rules linking trade to consumption, production, and investment, and emphasizing the general equilibrium nature of capital accumulation mechanisms. When...
Persistent link: https://www.econbiz.de/10005515608
January 2000 Huff and Hertel (2001) derive a welfare decomposition for the equivalent variation in the GTAP Model. The derivation appears to be very specific to GTAP. Nevertheless, it contains nearly all the ingredients required for performing welfare decomposition for any CGE model. In this...
Persistent link: https://www.econbiz.de/10005515610
Bilateral trade flows are reported by both importers and exporters. Large discrepancies in reported import/export trade flows can be found when these two reports are compared. The GTAP Data Base requires consistency between the export flow and its corresponding import flow for all partner pairs....
Persistent link: https://www.econbiz.de/10005515611
Note added March 2002 The methods described in the paper below have been automated as part of Release 8.0 of GEMPACK. This new version of GEMPACK (which is being beta tested by several modellers now and will be officially released later in 2002) makes it very easy to implement quotas (including...
Persistent link: https://www.econbiz.de/10005515612