Dynamic
Modeling and Applications in Global Economic Analysis
A sequel to Global Trade Analysis: Modeling and Applications (Cambridge University
Press, 1996, edited by Thomas W. Hertel), this new volume presents the technical aspects
of the Global Trade Analysis Program's global dynamic framework (GDyn) and its
applications within important global policy issues.
The book covers a diverse set of topics including trade reform, growth, investment,
technology, demographic change and the environment.
Environmental issues are particularly well-suited for analysis with GDyn, and this
volume covers its uses with climate change, resource use and technological progress in
agriculture.
Other applications presented in the book focus on integration issues such as rules
governing foreign investment, e-commerce regulations, trade in services, harmonization of
technical standards, sanitary and photo-sanitary regulations, streamlining of customs
procedures, and demographic change and migration.
Table of Contents
Part I. Introduction and Overview:
1. Introduction Elena Ianchovichina
Part II. Structure of Dynamic GTAP Framework:
2. Theoretical structure of dynamic GTAP Elena Ianchovichina and
Robert McDougall
3. Behavioral and entropy parameters in the dynamic GTAP model Alla
Golub and Robert McDougall
4. An overview of the dynamic GTAP data base: the data base construction and
aggregation programs Robert McDougall, Terrie Walmsley, Alla Golub, Elena
Ianchovichina and Ken Itakura
5. A baseline scenario for the dynamic GTAP model Terrie Walmsley,
Betina Dimaranan and Robert McDougall
6. Welfare analysis in the dynamic GTAP model Terrie Walmsley, Robert
McDougall and Elena Ianchovichina
7. Implementing GDyn in the RunDynam software Ken Itakura, Elena
Ianchovichina, Csilla Lakatos and Terrie Walmsley
Part III. Applications of Dynamic GTAP:
8. Assessing the impact of China's WTO accession on investment Terrie
Walmsley, Thomas Hertel and Elena Ianchovichina
9. Dynamic effects of the 'new-age' free trade agreement between Japan and
Singapore Thomas Hertel, Terrie Walmsley and Ken Itakura
10. Resource use and technological progress in agriculture Elena
Ianchovichina, Roy Darwin and Robin Shoemaker
11. Global economic integration and land use change Alla Golub and
Thomas W. Hertel
12. The contribution of productivity linkages to the general equilibrium
analysis of free trade agreements Ken Itakura, Thomas Hertel and Jeffrey Reimer
13. Global demographic change, labor force growth and economic performance Rod
Tyers and Quinn Shi
Part IV. Evaluation of Dynamic GTAP Framework:
14. Household saving behavior in GDyn: evaluation and revision Alla
Golub and Robert McDougall
15. Implications for global economic analysis Elena Ianchovichina and
Terrie Walmsley
Appendix Terrie Walmsley and Robert McDougall.
448 pages, Paperback