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The purpose of this note is to provide an exhaustive reference for those interested in learning more about the Constant Elasticity of Substitution (CES) function and its use in the representation of producer behavior in the GTAP Model. Particular attention is paid to the role of technical change...
Persistent link: https://www.econbiz.de/10005212434
The land-use augmented version of the GTAP Data Base has been used for a wide variety of applications (Hertel, Rose, & Tol, 2009). The original GTAP-AEZ database incorporated geospatial data on land use into the version 6 GTAP Data Base, with a benchmark year of 2001. The methodology for...
Persistent link: https://www.econbiz.de/10010837213
No one thought China’s high growth rates would persist forever, or that multinational firms would always keep pouring into the Chinese market, eager to establish operations regardless of local conditions. Economic convergence ensures that there will be a cooling off as wages rise and expected...
Persistent link: https://www.econbiz.de/10010837216
Year 2004 emissions were estimated by applying annual growth rates to the detailed year 2001 emissions data (Rose et al., 2007) that was the input dataset for the GTAP version 6 non-CO2 emissions (Rose and Lee, 2009). Two methodologies were applied: one for methane (CH4) and nitrous oxide (N2O),...
Persistent link: https://www.econbiz.de/10008631381
The land-use augmented version of the GTAP Data Base has been used for a wide variety of applications (T. W. Hertel, Rose, & Tol, 2009). It builds on global land cover and land use data bases documented in Monfreda et al. (2008) and Ramankutty and Foley (1999) as well as global forestry data...
Persistent link: https://www.econbiz.de/10008461126
An important question that arises frequently in the economic analysis of environmental and energy policies is, how does the supply of land across various uses change in response to policies? The GTAP Modeling framework of Hertel (1997) addresses this question by determining the supply of land...
Persistent link: https://www.econbiz.de/10005730922
The purpose of this Research Memorandum is to propose an approach to incorporating forest access cost functions into global general equilibrium models such as GTAP. Towards this end, we develop a long run access cost function which can be calibrated to national data on total forest land,...
Persistent link: https://www.econbiz.de/10005812668
Production of liquid biofuels has rapidly increased around the world in recent years. Biofuel production, by its nature, can affect the economy and environment of many countries in different ways. Global Computable General Equilibrium (CGE) analysis is an appropriate approach to study the...
Persistent link: https://www.econbiz.de/10005227277