In recent GTAP data releases, in transforming energy volumes data from the IEA extended energy balances to an input-output format, we record inflows into the energy balances flow "international marine bunkers" as exports, but record no corresponding imports. Here, we revise the energy module to...

The paper proposes a new disequilibrium approach to modeling international capital mobility. Key to this approach are errors in investors' assessments of potential returns to capital -- such as those recently observed in Asia. We use the model to study dynamic adjustment of North American farm...

Two large applied general equilibrium models, GTAP and MONASH, are used in this paper to simulate the elimination of trade barriers among the members of APEC. These models focus respectively on global trading relations and on the detailed sectoral, occupational, and regional dimensions of the...

F5

We provide a minimal derivation of the Keller formula for outer elasticities of substitution in nested CES systems.

The purpose of this memorandum is to document recent revisions to the energy environmental extension of the GTAP Model (GTAP-E) described in GTAP Technical Paper No.16 by Burniaux and Truong (2002). We revise the solution program, data, stored input and command files, and welfare decomposition...

This memorandum records work done to revise energy data for Russia for release 5.3 of the GTAP Data Base, more specifcally, data for commodity taxes on energy. The main object of the work is to let us ¯t the Russian input-output (IO) table to the energy data. A secondary object is to improve...

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...

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...