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GTAP Resources: Resource Display

GTAP Resource #4246

"Bringing Product Space into CGE Modeling: Method and Preliminary Insights"
by Lofgren, Hans, Israel Osorio-Rodarte and Martin Cicowiez


Abstract
Many low- and middle-income countries strive to identify strategies for structural transformation that bring about rapid growth. This paper (currently in the form of a presentation with appendix) presents an innovative approach to the analysis of such strategies and shows illustrative findings for an archetype developing country. The approach may be of broad relevance to issues related to changes in sectoral structure in CGE-based simulations. The central feature of the approach is an augmented recursive-dynamic country-level CGE model. The innovative aspect is that indicators from product-space (PS) analysis are incorporated into the CGE model, influencing the extent and consequences of changes in sector structure, including influences from labor allocation and setoral productivities. The model may be used to simulate the effects of changes in policies and world markets on macro, sector, and welfare indicators.



Resource Details (Export Citation) GTAP Keywords
Category: 2013 Conference Paper
Status: Published
By/In: Presented at the 16th Annual Conference on Global Economic Analysis, Shanghai, China
Date: 2013
Version: 1
Created: Lofgren, H. (4/15/2013)
Updated: Lofgren, H. (6/13/2013)
Visits: 1,041
- Economic development
- Economic growth
- Labor market issues
- Not Applicable


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Public Access
  File format GTAP Resource 4246  (550.5 KB)   Replicated: 0 time(s)


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Special Instructions
Conference presentation; paper in progress


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