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GTAP Resources: Resource Display

GTAP Resource #6371

"Modeling household and labor heterogeneity in selected LDCs"
by La Marca, Massimiliano, Sumathi Chakravarthy, Sindhu Bharathi, Anitha Vijayakumar, Badri Narayanan and Sudha Sesha


Abstract
The analysis of the impact of global trends and the COVID-19 crisis on LDC economies individually and as a group requires a global database and country-specific details on income generation, distribution and consumption and factor employment. This paper aims at providing scenario analysis for LDCs by expanding the GTAP global databases with LDC country-specific data on household, government, firms and labor demand as well as adapting the MyGTAP modelling framework for a richer account of the impact of global and country-specific shocks on the income generation and distribution of LDCs. The dataset includes household and labor breakdowns from GTAP, IFPRI and ILO data. The labour market adjustment is enhanced by introducing a wage curve that allows the wages and employment determination to affect the generation and distribution of incomes across households and firms.


Resource Details (Export Citation) GTAP Keywords
Category: 2021 Conference Paper
Status: Not published
By/In: Presented during the 24th Annual Conference on Global Economic Analysis (Virtual Conference)
Date: 2021
Version:
Created: La Marca, M. (4/15/2021)
Updated: La Marca, M. (4/15/2021)
Visits: 387
- Economic analysis of poverty
- Economic crisis
- Economic development
- Labor market issues
- The GTAP Data Base and extensions
- Africa (Southern)
- Asia (South-Central)


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