Resource Center

Advanced Search
Technical Papers
Working Papers
Research Memoranda
GTAP-L Mailing List
CGE Books/Articles
Important References
Submit New Resource

GTAP Resources: Resource Display

GTAP Resource #4995

"When does specification or aggregation matter for model simulation outcomes? An investigation into demand systems"
by Boysen, Ole

Economic impact analysis simulation models frequently rely on some kind of representation of consumption behavior. However, the sensitivity of such results with respect to the choices of the specification and the level of aggregation across consumers has not yet been thoroughly examined. We exploit a unique dataset to simulate various stereotypical scenarios and investigate the influence of the choice between five demand system specifications and household-level versus national-level models on several outcome measures. We find that both choices have a large influence on simulation results and thus on policies deduced therefrom. Our results point to pragmatic recommendations for various settings.

Resource Details (Export Citation) GTAP Keywords
Category: 2016 Conference Paper
Status: Published
By/In: Presented at the 19th Annual Conference on Global Economic Analysis, Washington DC, USA
Date: 2016
Created: Boysen, O. (4/15/2016)
Updated: Boysen, O. (4/15/2016)
Visits: 1,047
- Calibration and parameter estimation
- Model validation and sensitivity analysis
- Other data bases and data issues

If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.

Public Access
  File format GTAP Resource 4995  (68.5 KB)   Replicated: 0 time(s)

Restricted Access
No documents have been attached.

Special Instructions
No instructions have been specified.

Comments (0 posted)
You must log in before entering comments.

No comments have been posted.