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Adjusting Tax Rates In The Gtap Data Base

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  • Malcolm, Gerard

Abstract

This paper describes a procedure designed for incorporating improved information on taxes into existing GTAP data aggregations. The aim of this procedure is to maintain the internal consistency of the data base while minimizing the impacts of the tax change on the value flows in the data base. It utilizes a variant of the GTAP model, for which the model structure and parameter settings have been designed to achieve this aim. The features include Cobb-Douglas production and consumption functions, inter-intermediate input substitution (also Cobb-Douglas), universal factor mobility and fixed trade balances.

Suggested Citation

  • Malcolm, Gerard, 1998. "Adjusting Tax Rates In The Gtap Data Base," Technical Papers 28721, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
  • Handle: RePEc:ags:pugttp:28721
    DOI: 10.22004/ag.econ.28721
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    File URL: http://ageconsearch.umn.edu/record/28721/files/tp12.pdf
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    References listed on IDEAS

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    1. Hertel, Thomas W & Masters, William A & Elbehri, Aziz, 1998. "The Uruguay Round and Africa: A Global, General Equilibrium Analysis," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 7(2), pages 208-236, July.
    2. Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685.
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    Keywords

    International Relations/Trade;

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