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Globe: A SAM Based Global CGE Model using GTAP Data

Scott McDonald (), Sherman Robinson and Karen Thierfelder ()
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Karen Thierfelder: United States Naval Academy

Departmental Working Papers from United States Naval Academy Department of Economics

Abstract: This paper provides a technical description of a global computable general equilibrium (CGE) model that is calibrated from a Social Accounting Matrix (SAM) representation of the Global Trade Analysis Project (GTAP) database. An important feature of the model is the treatment of nominal and real exchange rates and hence the specification of multiple numéraire. Another distinctive feature of the model is the use of a ‘dummy’ region, known as globe, that allows for the recording of inter regional transactions where either the source or destination are not identified.

Pages: 108 pages
Date: 2007-06
New Economics Papers: this item is included in nep-cmp
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Citations: View citations in EconPapers (55)

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Related works:
Working Paper: Globe v1: A SAM Based Global CGE Model using GTAP Data (2012) Downloads
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