GTAP Resources: Frequently Asked Question Details
Subject: |
FAQ
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Question: |
I am not able to locate the version "highsub" of the model. Please advise.
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Answer: |
The way OneGTAP/RunGTAP is set up, you choose the version to indicate a different data set. This might reflect a different aggregation of the GTAP data (e.g., more sectors) or it might reflect a different state of the economy (e.g., a food subsidy is now in place). In order to change the parameter settings for a given economy, you go to the SOLVE page and choose a different set of behavioral parameters. In this case I am asking you to choose a set with more substitution possibilities at the top level of the CES. Thus, for this assignment, you want the BASE version economy, but the HIGHSUB parameters. This will give you a production side of the economy with unchanged cost shares, but a different value for ESUBT. |
Source: |
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Date Added: |
9/27/2000
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Updated: Batta, G. (4/23/2024)