Showing 1 - 10 of 18
This thesis builds on the GTAP-Dyn (Ianchovichina and McDougall, 2001) dynamic general equilibrium (GE) model of the global economy. It presents model modifications and estimates of key economic relationships in order to improve the quality of the long run projections with the GTAP-Dyn model for...
Persistent link: https://www.econbiz.de/10009430516
This study develops cumulative carbon ''supply curves'' for global forests utilizing a dynamic timber supply model for sequestration of forest carbon. Because the period of concern is the next century, and particular time points within that century, the curves are not traditional Marshallian...
Persistent link: https://www.econbiz.de/10009437007
This paper seeks to understand the main sources of uncertainty in assessing the impacts of climate change on agricultural output, international trade, and poverty. We incorporate biophysical uncertainty by sampling from a distribution of productivity shocks reflecting the impacts of climate on...
Persistent link: https://www.econbiz.de/10009444331
There is considerable interest in projections of future productivity growth in agriculture. Whether one is interested in the outlook for global commodity markets, future patterns of international trade, or the interactions between land use, deforestation and ecological diversity, the rate of...
Persistent link: https://www.econbiz.de/10009430328
Computable General Equilibrium (CGE) models have been widely used for quantitative analysis of global economic issues. However, CGE models are frequently criticized for resting on weak empirical foundations. This paper builds on recent work in macro-econometric estimation, developing an approach...
Persistent link: https://www.econbiz.de/10009430416
With the proliferation of Free Trade Agreements (FTAs) over the past decade, demand for quantitative analysis of their likely impacts has surged. The main quantitative tool for performing such analysis is Computable General Equilibrium (CGE) modeling. Yet these models have been widely criticized...
Persistent link: https://www.econbiz.de/10009430417
Computable General Equilibrium (CGE) Models have been widely used by researchers around the world for quantitative analysis of economy-wide shocks. However, CGE models are often criticized for resting on weak empirical foundations. Among others, the arbitrary choice of values for key...
Persistent link: https://www.econbiz.de/10009430428
As a new round of World Trade Organization negotiations is being launched with greater emphasis on developing country participation, a body of literature is emerging which quantifies how international trade affects the poor in developing countries. This survey summarizes and classifies...
Persistent link: https://www.econbiz.de/10009430447
An applied general equilibrium model with oligopoly and scale economies, based on detailed plant-level data, is used to contrast the impacts of the Morocco-EU free trade area (FTA) to multilateral trade liberalization on Morocco’s economy. Simulation results show that the FTA agreement is...
Persistent link: https://www.econbiz.de/10009430448
This paper proposes a new method for ex ante analysis of the poverty impacts arising from policy reforms. Three innovations underlie this approach. The first is the estimation of a global demand system using a combination of micro-data from household surveys, and macro-data from the...
Persistent link: https://www.econbiz.de/10009430449