Dynamic Modeling and Applications in Global Economic Analysis

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  • Format: Paperback
  • Copyright: 2012-02-20
  • Publisher: Cambridge Univ Pr
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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

Introduction and Overview
Structure of Dynamic GTAP Framework
Theoretical structure of dynamic GTAP
Behavioral and entropy parameters in the dynamic GTAP model
An overview of the dynamic GTAP data base: the data base construction and aggregation programs
A baseline scenario for the dynamic GTAP model
Welfare analysis in the dynamic GTAP model
Implementing GDyn in the RunDynam software
Applications of Dynamic GTAP
Assessing the impact of China's WTO accession on investment
Dynamic effects of the 'new-age' free trade agreement between Japan and Singapore
Resource use and technological progress in agriculture
Global economic integration and land use change
The contribution of productivity linkages to the general equilibrium analysis of free trade agreements
Global demographic change, labor force growth and economic performance
Evaluation of Dynamic GTAP Framework
Household saving behavior in GDyn: evaluation and revision
Implications for global economic analysis
Table of Contents provided by Publisher. All Rights Reserved.

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