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A Graphical Exposition of the GTAP Model

Author

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  • Brockmeier, Martina

Abstract

October 1996 (edited January 2000 and March 2001) This paper offers a graphical exposition of the GTAP Model of global trade. Particular emphasis is placed on the accounting, or equilibrium, relationships in the model. It begins with a treatment of the a one region version of GTAP, thereafter adding a rest of world region to highlight the treatment of trade flows in the model. The implementation of policy instruments in GTAP is also explored, using simple supply-demand graphics. The material provided in this paper was first developed as an introduction to GTAP for participants taking the annual short course. Based on its success in that venue, this paper has been placed on the "highly recommended" reading list for individuals seeking an introduction and overview of the GTAP framework. This paper offers a graphical exposition of the GTAP Model of global trade. Particular emphasis is placed on the accounting, or equilibrium, relationships in the model. It begins with a treatment of the a one region version of GTAP, thereafter adding a rest of world region to highlight the treatment of trade flows in the model. The implementation of policy instruments in GTAP is also explored, using simple supply-demand graphics. The material provided in this paper was first developed as an introduction to GTAP for participants taking the annual short course. Based on its success in that venue, this paper has been placed on the highly recommended reading list for individuals seeking an introduction and overview of the GTAP framework.

Suggested Citation

  • Brockmeier, Martina, 2001. "A Graphical Exposition of the GTAP Model," GTAP Technical Papers 311, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
  • Handle: RePEc:gta:techpp:311
    Note: GTAP Technical Paper No. 08
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    File URL: https://www.gtap.agecon.purdue.edu/resources/res_display.asp?RecordID=311
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    Cited by:

    1. Francois, Joseph F. & McQueen, Matthew & Wignaraja, Ganeshan, 2005. "European Union-developing country FTAs: overview and analysis," World Development, Elsevier, vol. 33(10), pages 1545-1565, October.
    2. repec:eee:ecmode:v:67:y:2017:i:c:p:102-113 is not listed on IDEAS
    3. Ali, Ashfaque, 2017. "A CGE Analysis of Pakistan-Turkey Free Trade Agreement," MPRA Paper 78318, University Library of Munich, Germany.
    4. repec:wsi:ccexxx:v:08:y:2017:i:01:n:s201000781750004x is not listed on IDEAS
    5. Roberto Roson & Martina Sartori, 2012. "Climate Change, Tourism and Water Resources in the Mediterranean:a General Equilibrium Analysis," Working Papers 2012_05, Department of Economics, University of Venice "Ca' Foscari".
    6. Howard, Sam & Gow, Hamish R. & Ozer-Balli, Hatice, 2011. "New Zealand's Preferential Trading Arrangements: Implications for the New Zealand Dairy Industry," 2011 Conference, August 25-26, 2011, Nelson, New Zealand 115405, New Zealand Agricultural and Resource Economics Society.
    7. Sadni Jallab, Mustapha & Karingi, Stephen & Oulmane, Nassim & Perez, Romain & Lang, Rémi & Ben Hammouda, Hakim, 2005. "Economic and Welfare Impacts of the EU-Africa Economic Partnership Agreements," MPRA Paper 12875, University Library of Munich, Germany.
    8. Theodoros N. Chatzivasileiadis & Marjan W. Hofkes & Onno J. Kuik & Richard S.J. Tol, 2016. "Full economic impacts of sea level rise: loss of productive resources and transport disruptions," Working Paper Series 09916, Department of Economics, University of Sussex.
    9. repec:wsi:medjxx:v:03:y:2011:i:01:n:s1793812011000326 is not listed on IDEAS
    10. Theodoros N. Chatzivasileiadis & Marjan W. Hofkes & Onno J. Kuik & Richard S.J. Tol, 2016. "Full economic impacts of sea level rise: loss of productive resources and transport disruptions," Working Paper Series 9916, Department of Economics, University of Sussex.
    11. repec:gta:jnlgea:v:2:y:2017:i:1:p:1-119 is not listed on IDEAS
    12. Anita King, 2012. "Economy-Wide Impacts of Industry Policy," Treasury Working Paper Series 12/05, New Zealand Treasury.
    13. Roberto Roson & Martina Sartori, 2010. "Water Scarcity and Virtual Water Trade in the Mediterranean," Working Papers 2010_08, Department of Economics, University of Venice "Ca' Foscari".
    14. Boisvert, Richard N. & Kay, David & Turvey, Calum G., 2012. "Macroeconomic costs to large scale disruptions of food production: The case of foot- and-mouth disease in the United States," Economic Modelling, Elsevier, vol. 29(5), pages 1921-1930.
    15. Lars WANG & Hidekazu ITOH, "undated". "Economic Effects of Information Technology Oriented Joint Ventures in China: A CGE Analysis," EcoMod2004 330600156, EcoMod.
    16. Kenichi Matsumoto, "undated". "Potential Role of Developing Countries on the Climate Change Policy from the Viewpoint of Participation -in the Concept of Multi-Agent Framework-," Energy and Environmental Modeling 2007 24000039, EcoMod.
    17. Ricardo Arguello, 2004. "An exporatory assessment of the potential impact of the free trade area of the americas on the andean community," BORRADORES DE INVESTIGACIÓN 004332, UNIVERSIDAD DEL ROSARIO.
    18. Kerkelä, Leena, 2004. "Distortion costs and effects of price liberalisation in Russian energy markets : A CGE analysis," BOFIT Discussion Papers 2/2004, Bank of Finland, Institute for Economies in Transition.
    19. Karingi, Stephen & Oulmane, Nassim & Lang, Rémi & Sadni Jallab, Mustapha & Perez, Romain, 2005. "Assessment of the impact of the Economic Partnership Agreement between the ECOWAS countries and the European Union," MPRA Paper 13292, University Library of Munich, Germany.

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