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USAGE-ITC: Theoretical Structure

Peter B. Dixon and Maureen T. Rimmer

No 331009, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: The US International Trade Commission (ITC) and the Centre of Policy Studies (CoPS) are creating a detailed dynamic general equilibrium model of the US economy, USAGE-ITC. The new model will be used for forecasting and policy analysis and for simulating and explaining periods of history. A feature of the model will be its capacity to provide estimates of adjustment costs in the US associated with changes in tariffs and other trade policies. The starting point for USAGE-ITC is the MONASH model which has had a prominent role in the Australian policy debate for many years. This paper sets out the theoretical structure of USAGE-ITC.

Keywords: Agricultural and Food Policy; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 25
Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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