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Globe v3: A SAM Based Global CGE Model using GTAP Data

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  • Karen Thierfelder

    (United States Naval Academy)

Abstract

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. Two distinctive features of the model is the treatment of nominal and real exchange rates and the use of a ‘dummy’ region, known as globe, that allows for the recording of inter-regional transactions where either the source or destination are not identified.

Suggested Citation

  • Karen Thierfelder, 2021. "Globe v3: A SAM Based Global CGE Model using GTAP Data," Departmental Working Papers 69, United States Naval Academy Department of Economics.
  • Handle: RePEc:usn:usnawp:69
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    File URL: http://www.usna.edu/EconDept/RePEc/usn/wp/usnawp69.pdf
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    Cited by:

    1. Devarajan, Shanta & Go, Delfin S. & Robinson, Sherman & Thierfelder, Karen, 2022. "The Role of Trade Policy in Climate Mitigation: Carbon Border Adjustment Mechanism (CBAM)," Conference papers 333494, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

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