Theoretical Structure of Dynamic GTAP

Elena Ianchovichina and Robert McDougall

GTAP Technical Papers from Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University

Abstract: This paper documents the foreign asset ownership and investment theory of the dynamic GTAP Model (GTAP-Dyn). The new investment theory offers a disequilibrium approach to modeling endogenously international capital mobility. It permits a recursive solution procedure, a feature that allows easy implementation of dynamics into any static AGE model without imposing limitations on the model's size. The method involves treating time as a variable, not as an index. having time as a variable allows the construction of dynamic GTAP with minimum modifications to the existing structure of GTAP, by separating the theory of static GTAP from the length of run.

Date: 2000
Note: GTAP Technical Paper No. 17
References: Add references at CitEc
Citations: View citations in EconPapers (98)

Downloads: (external link)
https://www.gtap.agecon.purdue.edu/resources/res_display.asp?RecordID=480 (text/html)

Related works:
Working Paper: THEORETICAL STRUCTURE OF DYNAMIC GTAP (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gta:techpp:480

Access Statistics for this paper

More papers in GTAP Technical Papers from Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University Contact information at EDIRC.
Bibliographic data for series maintained by Jeremy Douglas ().