International Cross Section Estimates of Demand for Use in the GTAP Model
نویسندگان
چکیده
The making of projections often requires an economy-wide perspective, and the estimation of consumer demands at the international level. In this paper, an implicit, directly additive demand system (AIDADS) is estimated using crosscountry data on consumer expenditures from the International Comparison Program (ICP), and then from Global Trade Analysis Project (GTAP) data. The two data sets are found to produce results that are quite consistent despite their differing origins, and the fact that the former is based on consumer goods that embody wholesale/retail margins, while margin demands are treated separately in GTAP. Given the similarity of the results, the estimation based on GTAP data is favored because it is readily matched to input-output based production and trade data, and provides valuable new information concerning how aggregate margin expenditures are related to per capita income.
منابع مشابه
Estimation of International Demand Behaviour for Use with Input–Output Based Data
A The making of projections often requires an economy-wide perspective, and the estimation of consumer demands at the international level. In this paper, an implicit, directly additive demand system (AIDADS) is estimated using cross-country data on consumer expenditures from two different sources: the International Comparison Programme (ICP), and the Global Trade Analysis Project (GTAP)....
متن کاملScheduling Post-Distribution Cross-Dock under Demand Uncertainty
The system of distribution of goods and services, along with other economic developments around the world, is rapidly evolving. In the world of distribution of goods, the main focus is on making distribution operations more effective. Due to the fact that the cross-dock has the advantage of removing intermediaries and reducing the space required for the warehouse, it is worth considering. Among...
متن کاملGTAP-AGR : A Framework for Assessing the Implications of Multilateral Changes in Agricultural Policies
Global models of agricultural trade have a long and distinguished history. The introduction of the GTAP data base and modeling project represented a significant advance forward as it put modelers and trade policy analysts on common ground. After an initial generation of GTAP based modeling of agricultural trade policy using the standard modeling framework, individual researchers have begun intr...
متن کاملValidating Energy-Oriented CGE Models
Although CGE models have received heavy usage, they are often criticized as being insufficiently validated. Key parameters are often not econometrically estimated, and the performance of the model as a whole is rarely checked against historical outcomes. As a consequence, questions frequently arise as to how much faith one can put in CGE results. In this paper, we employ a novel approach to the...
متن کاملRETRACTED:The Role of Foreign Direct Investment, Technology Transfer and Spillover Effects on Economic Growth: A GTAP model
The main objective of this paper is to investigate the effects of technology transfer through the imports of intermediate goods by developing countries developed countries with the emphasis on Iran economy. For this purpose, we used multi-sectoral and multi–regional computable general equilibrium GTAP model (multi-sectoral and multi-regional CGE model). The paper examined the effect of a ten pe...
متن کامل