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GTAP Resources: Resource Display

GTAP Resource #417

"A Base Case Scenario for the Dynamic GTAP Model"
by Walmsley, Terrie, Betina Dimaranan and Robert McDougall


Abstract
Paper developed for the Short Course on the Dynamic Model, October, 2000.

The increasing interest in dynamic models and in particular the development of the Dynamic GTAP model at the Center for Global Trade Analysis has highlighted the need to develop a base case scenario depicting how the world economy might be expected the change over the next 20 years. The purpose of this paper is to show how such a base case scenario has been created for use with the Dynamic GTAP model (Ianchovichina, 1998 and Ianchovichina, McDougall and Hertel, 1999) and GTAP data base.

This document is intended to be used in conjunction with a base case aggregation program which was constructed at the Center for Global Trade Analysis. This program takes as its inputs macro and policy forecasts and allows the user to: 1) alter various assumptions about the implementation of policies; and 2) aggregate over time, regions and commodities; to obtain a base case scenario which is specific to their needs. Although the base case program is specifically designed with the Dynamic GTAP model in mind, it is general enough to be used with other models. It should be noted however, that the base case scenario developed here is very general, it looks only at the standard macro aggregates and does not provide alternative optimistic or pessimistic scenarios.


Resource Details (Export Citation) GTAP Keywords
Category: General Documentation
Baseline Material
Status: Not published
By/In: Center for Global Trade Analysis
Date: 2000
Version:
Created: Bacou, M. (10/27/2000)
Updated: Walmsley, T. (10/30/2006)
Visits: 5,668
- Dynamic modeling
- Baseline development


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Comments (1 posted)
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Posted by: Kouandou, Arouna   12/24/2016 4:06:00 AM
I AM KOUANDOU AROUNA, AND I CONDUCT ACTUALLY AT CIRED (France) A RESEARCH ON THE SOCIAL COST OF ADAPTATION AND MITIGATION CLIMATE IN AFRICA, FOR MY MASTER THESIS. I NEED THIS PUBLICATION.
CORDIALY