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This chapter provides an overview of the first two decades of the Global Trade Analysis Project (GTAP) an effort to support a standardized database and computable general equilibrium (CGE) modeling platform for international economic analysis. It characterizes GTAP in four different dimensions:...
Persistent link: https://www.econbiz.de/10014025279
In this paper the evolution of global trade patterns until 2050 is projected with a recursive dynamic computable general equilibrium (CGE) model. Feeding the model with exogenous projections on macroeconomic, demographic, sectoral and trade cost variables, the evolution of trade patterns emerges...
Persistent link: https://www.econbiz.de/10013535798
unequal distributional outcomes in GCCs. The paper assesses national price stabilisation in the top cocoa-producing countries … Côte d'Ivoire and Ghana against changing inter-firm governance and price-setting institutions in the cocoa GCC. Based on … over 50 interviews with commodity trading houses (CTHs) and cocoa sector actors in Côte d'Ivoire and Ghana, our analysis …
Persistent link: https://www.econbiz.de/10012149001
regimes on global cocoa trade. STATA statistical tool was employed in analyzing panel data from 10 leading cocoa … materials and products. Most cocoa-producing countries grow cocoa as a cash crop, thus, rely heavily on the trade of cocoa beans … and other product. Therefore, it would be counterintuitive to have all the profits from the trade of cocoa to be wiped out …
Persistent link: https://www.econbiz.de/10012219368
of the disruption in production that started in China and then quickly spread across the world. We find that the COVID-19 … shock has a considerable impact on most economies in the world, especially when a share of the labor force is quarantined …
Persistent link: https://www.econbiz.de/10012194678
We review a recent body of theoretical work that aims to put numbers on the consequences of globalization. A unifying theme of our survey is methodological. We rely on gravity models and demonstrate how they can be used for counterfactual analysis. We highlight how various economic...
Persistent link: https://www.econbiz.de/10014025382
Drawing on selective stylized facts, the paper evaluates the growth-effects for African countries and the disruptive potentials resulting from the COVD-19 pandemic, as African countries are involved in intra-regional integration processes. As AfCFTA involving 55 countries (ratified by 22...
Persistent link: https://www.econbiz.de/10014232447
whether the progressing globalisation of the world economy is to blame for these two trends. From this analysis, two important …
Persistent link: https://www.econbiz.de/10011474119
Persistent link: https://www.econbiz.de/10011537250
This paper uses a dynamic CGE model to assess the intertemporal and spatial dimension of technology spillovers embodied in international trade within a climate and trade policy framework. Three are the main contributions of the study. First, to include endogenous factor-biased technical change...
Persistent link: https://www.econbiz.de/10009535974