GTAP University (GTAP-U): 2020 GTAP Firm Heterogeneity (GTAP-HET) Course
2020 GTAP Firm Heterogeneity (GTAP-HET) Course
"Applied Policy Analysis with Advanced Trade Theories"
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Course Content
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Objective
The GTAP-HET Course is a hands-on, fully-online course developed to provide professional economists and Masters/PhD students with the tools and skills necessary to use advanced trade theories in trade policy analysis. During the course, participants will:
- learn about the Melitz model of heterogenous firms, viewed as a more general version of the Krugman model of monopolistic competition, and Armington model with perfect competition;
- develop skills to use the GTAP Firm Heterogeneity (GTAP-HET) Model where Armington, Krugman, and Melitz models are nested in the GTAP computable general equilibrium framework;
- conduct trade policy experiments and interpret simulation results using the GTAP-HET Model in team-based research projects.
Structure
The GTAP-HET Course is delivered fully online and is designed to target four specific learning methods: READ, LISTEN, DO, and DISCUSS. where participants are expected to:
- READ the assigned papers to have a solid background in firm heterogeneity theory,
- LISTEN to the video lectures that highlight the theory and estimation in firm heterogeneity models as well as how to implement them in GTAP,
- DO the assignments and research projects to develop the hands-on experience required for applying the learned material in policy analysis,
- DISCUSS the new material and related questions on the bulletin board with course participants.
Content Overview
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Week 1 - "Getting Started"
- Participants download and familiarize themselves with the course website, material, and software
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Week 2 - "Introduction to Firm Heterogeneity"
- New economic behavior introduced in the Melitz model
- Differences across Armington, Krugman, and Melitz models
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Week 3 - "Firm Heterogeneity in GTAP"
- Supply-side and demand-side changes in GTAP to implement firm heterogeneity
- New and modified equations in the code
- Simulation exercises with a stylized GTAP-HET Model
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Week 4 - "Data and Parameter Needs in GTAP-HET"
- Methods of estimation/calibration of key parameters in GTAP-HET
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Week 5-6 - "Group Research Project"
- Replication of simulation results with a tariff cut scenario in a 2x3 stylized GTAP-HET model based on Akgul et al. (2016)
- Extension/analysis of the Akgul et al. (2016) simulation OR extension/analysis using a different data/aggregation
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Week 7 - "Wrap-Up and Evaluation"
- Final discussions and course evaluation
Time Commitment
Participants should expect to spend approximately 10-12 hours/week on this course.
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Course Graduates
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11 individuals from 10 different countries completed the 2020 GTAP-HET Course.
- Altay, Serdar
Istanbul Technical University, Türkiye
- Arguello, Ricardo
Universidad Externado, Colombia
- Bourne, Mike
Department for Environment, Food and Rural Affairs (DEFRA), United Kingdom
- Cheong, Tsun Se
Hang Seng University of Hong Kong, Hong Kong
- Cooke, Edgar
Ashesi University, Ghana
- Gupta, Krisna
Australian National University, Indonesia
- Mburu, John
Kenyatta University, Kenya
- Ortiz Valverde, Gabriela
Universidad Nacional de Costa Rica, Costa Rica
- Tsigas, Marinos
, United States
- Vogt, Achim
World Trade Institute, University Bern, United States
- Yi, Chae-Deug
Pusan National University, South Korea
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Last Modified: Wednesday, March 15, 2023