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USAGE-ITC: Theoretical Structure

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  • Dixon, Peter B.
  • Rimmer, Maureen T.

Abstract

The US International Trade Commission (ITC) and the Centre of Policy Studies (CoPS) are creating a detailed dynamic general equilibrium model of the US economy, USAGE-ITC. The new model will be used for forecasting and policy analysis and for simulating and explaining periods of history. A feature of the model will be its capacity to provide estimates of adjustment costs in the US associated with changes in tariffs and other trade policies. The starting point for USAGE-ITC is the MONASH model which has had a prominent role in the Australian policy debate for many years. This paper sets out the theoretical structure of USAGE-ITC.

Suggested Citation

  • Dixon, Peter B. & Rimmer, Maureen T., 2002. "USAGE-ITC: Theoretical Structure," Conference papers 331009, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:331009
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    References listed on IDEAS

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    Cited by:

    1. Hugh Arce & Robert Koopman & Marinos Tsigas, 2008. "Using state-level simulations in a political economy model of US trade policy," Public Choice, Springer, vol. 135(3), pages 91-107, June.
    2. Tukker, Arnold, 2008. "EXIOPOL: towards a global Environmentally Extended Input-Output Table," Conference papers 331772, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

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