Showing 1 - 10 of 17
1996, October This technical paper documents one approach to incorporating monopolistic competition into the GTAP Model. In this framework, consumer preferences are heterogeneous, leading to an apparent "love of variety" in the aggregate utility function for each region. The more heterogeneous...
Persistent link: https://www.econbiz.de/10005515615
Paper prepared for the World Bank's Conference on Developing Countries and the Millennium Round, Council Room, WTO Secretariat, Centre William Rappard, Geneva, 19-20 September. The importance of manufactures trade to the developing countries has increased dramatically since the early 1980s, and...
Persistent link: https://www.econbiz.de/10005515622
May 1998 Purdue AGEC Staff Paper #98-5 A newly developed demand system is used to estimate the response of food and food product demand to per capita expenditure changes. The resulting Engel elasticities are then used to project food and food product demand in 2020 assuming per capita...
Persistent link: https://www.econbiz.de/10005515629
Poverty reduction is an increasingly important consideration in the deliberations over multilateral trade liberalization. However, the analytical procedures used to assess the impacts of multilateral trade liberalization on poverty are rudimentary, at best. Most poverty studies have focused on a...
Persistent link: https://www.econbiz.de/10005515634
This paper develops a complete decomposition of the change in global welfare in the GTAP Model. In particular, this money metric change is broken down into component parts, each of which relates to a quantity change interacting with a distortion in the model. This enables the user to assess, for...
Persistent link: https://www.econbiz.de/10005227279
This paper outlines an approach to disaggregating labor payments in the GTAP, global economic data base. The split between low- and high-skilled labor is based on occupational data. High-skilled labor is assumed to consist of managers, administrators, professionals, and para-professionals. Data...
Persistent link: https://www.econbiz.de/10005212438
Paper presented at the 2nd Annual Conference on Global Economics Analysis, Denmark, June 20-22. The paper proposes a new disequilibrium approach to modeling international capital mobility for a dynamic multi- region general equilibrium model. Key to this approach are errors in investors’...
Persistent link: https://www.econbiz.de/10005212441
Earlier versions of this paper were presented at the International Agricultural Trade Research Consortium Meetings San Diego, CA, December 14-16, 1997 and at the 1st Annual Conference in Global Economic Analysis, Purdue University, June 1998 This study assesses the interaction between climate...
Persistent link: https://www.econbiz.de/10005212443
Published in "Agriculture and the New Trade Agenda From a Development Perspective", edited by M. D. Ingco and L. A. Winters, Cambridge and New York: Cambridge University Press Much remains to be done before agricultural trade is as liberal as world trade in manufactures. But agriculture is...
Persistent link: https://www.econbiz.de/10005730927
Choices: The Magazine of Food, Farm, and Resource Issues, Second Quarter The East Asian crisis is not all bad news for the United States and Canada (North America). Net debtors in North America – be they individual families refinancing their mortgages, businesses financing their expansion, or...
Persistent link: https://www.econbiz.de/10005812677