The taxation of Greenhouse Gases (GHG) represents an efficient means of achieving climate change mitigation, and this is often the starting point in any discussion of long run global GHG reduction. However, the direct effects of such a tax, or equivalently, an emissions trading scheme, will vary...

The universe of existing CGE models can be divided into 3 broad categories. The first class of models (of which the standard GTAP Model is a classic example) emphasizes the static effects of policy related to general equilibrium resource reallocation. The second involves scale economics and...

February 1999 This paper discusses the implementation of embodied international technology spillovers in the GTAP Model. We specify a transmission mechanism for technical knowledge that assumes that knowledge is embodied in traded commodities. The usability of knowledge in the receiving country...

The economics literature increasingly recognizes the importance of migration and its ties with many other aspects of development and policy. Examples include the role of international remittances (Harrison et al, 2003) or those immigrant-links underpinning the migration-trade nexus (Gould,...

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...

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’...

Special Paper Commissioned for the Plenary Session on: "Future Directions for the Global Trade Analysis Project"