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

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DYNAMIC MODELING AND APPLICATIONS FOR GLOBAL ECONOMIC ANALYSIS

IANCHOVICHINA E. WALMSLEY T.L.

Dynamic Modeling and Applications in Global Economic Analysis

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.