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Augmenting the GTAP Database with Data on Inter-Regional Transactions

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Author Info

  • Scott McDonald

    (Department of Economics, The University of Sheffield)

  • Yontem Sonmez

Abstract

This paper reports the results of an exercise to augment the GTAP database with information from the income and current transfers components of the current account of the balance of payments. The exercise demonstrates that the process of augmenting the GTAP database is relatively straightforward. A simple simulation exercise using the augmented and non-augmented versions of the database demonstrates that the results from a trade liberalisation scenario are sufficiently large to provide a justification for the augmentation of the GTAP database over and above the case that could be argued based on national accounting conventions.

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File URL: http://www.shef.ac.uk/economics/research/serps/articles/2004_09.html
File Function: First version, 2004
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Bibliographic Info

Paper provided by The University of Sheffield, Department of Economics in its series Working Papers with number 2004009.

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Length: 18 pages
Date of creation: Aug 2004
Date of revision: Aug 2004
Handle: RePEc:shf:wpaper:2004009

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Related research

Keywords: Social Accounting Matrix; Trade Analysis; Computable General Equilibrium;

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Cited by:
  1. Scott McDonald & Sherman Robinson & Karen Thierfelder, 2005. "A SAM Based Global CGE Model using GTAP Data January 2005," Working Papers 2005001, The University of Sheffield, Department of Economics, revised Jan 2005.
  2. Karen Thierfelder & Scott McDonald, 2012. "Globe v1: A SAM Based Global CGE Model using GTAP Data," Departmental Working Papers 39, United States Naval Academy Department of Economics.

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