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GTAP Resource #1168

"MIRAGE, A Computable General Equilibrium Model for Trade Policy Analysis"
by Bchir, Mohamed Hedi, Yvan Decreux, Jean-Louis Guérin and Sebastien Jean

MIRAGE is a multi-region, multi-sector computable general equilibrium model, devoted to trade policy analysis. It incorporates imperfect competition, product differentiation by variety and by quality, and foreign direct investment, in a sequential dynamic set-up where installed capital is assumed to be immobile. Adjustment inertia is linked to capital stock reallocation and to market structure changes. MIRAGE draws upon a very detailed measure of trade barriers and of their evolution under given hypotheses, thanks to the database MAcMaps. Simulations of a trade liberalisation between the European Union and its periphery illustrate the sensitivity to the main assumptions.

Resource Details (Export Citation) GTAP Keywords
Category: GTAP Application
Status: Published
Date: 2002
Version: No 2002 – 17, December
Created: Guérin, J. (1/29/2003)
Updated: Bacou, M. (1/29/2003)
Visits: 3,287
- Economic growth
- Software and modeling tools
- Dynamic modeling
- Calibration and parameter estimation
- Europe (Western)

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