A SAM Based Global CGE Model using GTAP Data January 2005
This paper provides a technical description of a global computable general equilibrium (CGE) model that is calibrated from a Social Accounting Matrix (SAM) representation of the Global Trade Analysis Project (GTAP) database. A distinctive feature of the model is the treatment of nominal and real exchange rates and hence the specification of multiple numéraire.
|Date of creation:||Jan 2005|
|Date of revision:||Jan 2005|
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Staff General Research Papers
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- Scott McDonald & Yontem Sonmez, 2004. "Augmenting the GTAP Database with Data on Inter-Regional Transactions," Working Papers 2004009, The University of Sheffield, Department of Economics, revised Aug 2004.
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