The World Trade Model

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The Wto Global Trade Model

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Author : Angel Aguiar
language : en
Publisher:
Release Date : 2019

The Wto Global Trade Model written by Angel Aguiar and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.

This document provides a technical description of the WTO Global Trade Model developed by the Center for Global Trade Analysis (GTAP) and the World Trade Organization (WTO). The model can be used to generate global trade projections and to assess the medium and long run effects of a wide range of global and national trade policies. The WTO Global Trade Model is a recursive dynamic extension of the static GTAP model (Corong et al., 2017), and implements a parsimonious approach to incorporate monopolistic competition - i.e., Eithier-Krugman or Melitz-type firm heterogeneity - in the standard GTAP model following Bekkers and Francois (2018).

Trade And Economic Structure

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Author : Richard E. Caves
language : en
Publisher: Harvard University Press
Release Date : 1960

Trade And Economic Structure written by Richard E. Caves and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1960 with Commerce categories.

This comprehensive discussion of international trade theories focuses on logically distinct models of international trade rather than on chronology or "schools of thought." The author gives primary attention to the differences in the empirical implications derivable from the "Heckscher-Ohlin model" and from the simple classical comparative models of international trade. He also emphasizes the recurrence of controversy over matters of aggregation, due to the lack of a common criterion, and the rich variety of model types that result from dynamic theorizing, discrediting the search for an ultimate dynamic international trade model. This book is intended especially for teachers and graduate students who require a broad understanding of basic theories in the field.

Policy Analysis And Modeling Of The Global Economy A Festschrift Celebrating Thomas Hertel

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Author : Peter Dixon
language : en
Publisher: World Scientific
Release Date : 2020-12-14

Policy Analysis And Modeling Of The Global Economy A Festschrift Celebrating Thomas Hertel written by Peter Dixon and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-14 with Business & Economics categories.

This volume honors the extraordinary career of Thomas Hertel. It also celebrates the 25th anniversary of the founding of the Global Trade Analysis Project (GTAP) by Prof. Hertel. All of those contributing to this volume, including Prof. Hertel's students and colleagues, have benefitted in some ways from the selfless professional generosity and dedication to scientific public goods that have been hallmarks of his career.The book examines the history of the GTAP project, the scientific contributions of Prof. Hertel, and the general application of computational modeling to global economic policy analysis. The applications in the volume, reflecting the broad contributions made by the GTAP community to global policy analysis, range from the impact of globalization on employment to the sustainability impacts of economic integration.

International Trade Theory And Competitive Models

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Author : Ronald Winthrop Jones
language : en
Publisher: World Scientific Publishing Company
Release Date : 2018

International Trade Theory And Competitive Models written by Ronald Winthrop Jones and has been published by World Scientific Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with International trade categories.

World-renowned economist Ronald W. Jones gets to the essence of international trade theory in this collection of articles that span over half a century of his published work. As the global economy has grown, so too has the need for a deeper rooted understanding of trade -- and its assorted benefits. With clear, simplifying prose, Jones elucidates the Ricardian, Heckscher-Ohlin, and Specific-Factors models of general equilibrium theory. Jones' pioneering work anticipates, among other changes in our time, the creation of far-flung supply chains brought about by the falling costs of service links. The theoretical, technical, and historical insights in the text are peppered with personal notes that capture modern intellectual development in the field, providing a bedrock foundation in international trade for students and practitioners alike.

Global Trade Analysis

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Author : Thomas Warren Hertel
language : en
Publisher: Cambridge University Press
Release Date : 1997

Global Trade Analysis written by Thomas Warren Hertel and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.

This book, drawn from the Global Trade Analysis Project (GTAP), aims to help readers conduct quantitative analysis of international trade issues in an economy-wide framework. In addition to providing a succinct introduction to the GTAP modeling framework and data base, this book contains seven of the most refined GTAP applications undertaken to date, covering topics ranging from trade policy, to the global implications of environmental policies, factor accumulation and technological change.

The World Trade Model

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Author : Richard Haas
language : en
Publisher:
Release Date : 2006

The World Trade Model written by Richard Haas and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.

This paper presents updated and revised estimates for the World Trade Model. The model estimates import and export price and volume relationships for each of three types of merchandise trade--manufactured, raw material, and agricultural--for 14 of the largest industrial countries. The extended data set has generally resulted in estimated price and volume equations that fit the data better than previous versions of the model. In addition, the simulation properties of the model have been enhanced by imposing long-run activity elasticities of unity on the activity terms in the demand for imported manufactures equations.

Dynamic Modeling And Applications For Global Economic Analysis

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Author : Elena Ianchovichina
language : en
Publisher: Cambridge University Press
Release Date : 2012-02-20

Dynamic Modeling And Applications For Global Economic Analysis written by Elena Ianchovichina and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-02-20 with Business & Economics categories.

This book presents the technical aspects of an economic model used to examine issues of global economic significance, such as the impact on the world economy of changes in trade and environmental policy. The book provides a number of studies using the model to examine trade reform, growth and investment, climate change, natural resources, technology, and demographic change and migration.

The Gravity Model In International Trade

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Author : Peter A. G. van Bergeijk
language : en
Publisher: Cambridge University Press
Release Date : 2010-06-10

The Gravity Model In International Trade written by Peter A. G. van Bergeijk and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-06-10 with Business & Economics categories.

How do borders affect trade? Are cultural and institutional differences important for trade? Is environmental policy relevant to trade? How does one's income or wage relate to the fact that trade partners are nearby or far away? These are just some of the important questions that can be answered using the gravity model of international trade. This model predicts and explains bilateral trade flows in terms of the economic size and distance between trading partners (e.g. states, regions, countries, trading blocs). In recent years, there has been a surge of interest in this model and it is now one of the most widely applied tools in applied international economics. This book traces the history of the gravity model and takes stock of recent methodological and theoretical advances, including new approximations for multilateral trade resistance, insightful analyses of the measurement of economic distance and analyses of foreign direct investment.

The World Trade Model

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Author : Richard D. Haas
language : en
Publisher:
Release Date : 1988

The World Trade Model written by Richard D. Haas and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with categories.

Trade Liberalization Among Major World Trading Areas

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Author : John Whalley
language : en
Publisher: MIT Press
Release Date : 1985

Trade Liberalization Among Major World Trading Areas written by John Whalley and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Business & Economics categories.

This book provides a much needed quantitative response to the classic question of whogains and who loses in trade liberalization and shows how important the process is for the globaleconomy. It contributes significantly to the debate concerning trade between developed anddeveloping countries.John Whalley describes and uses a numerical general equilibrium model of worldtrade to explore issues in the area of trade liberalization among major world trading areas - theEuropean Economic Community, the United States, Japan, and developing countries. His book is uniqueboth in using this framework to analyze world trading patterns, and in considering a number oftrading areas simultaneously within the same model. It is able to quantify the merits of alternativeactions in international trade policy, the ways that the interests of the EEC, the United States,and Japan are similar and ways in which they differ, and show how the interests of less developedcountries are affected by various trade liberalization initiatives.Part I provides a description ofthe model, data sources and adjustments to basic data, and methods for specification and solution ofthe model. Part II presents results from model applications along with policy conclusions.Applications include analysis of tariff cutting formulae in the Toyko Round, an evaluation of theTokyo Round trade agreement, examination of incentives for a retaliatory trade protection 'war'between world trade blocs, and analysis of the impact of protectionist policies on North-Southtrade.John Whalley is Professor of Economics at the University of Western Ontario.