Globe v3: A SAM Based Global CGE Model using GTAP Data

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. Two distinctive features of the model is the treatment of nominal and real exchange rates and 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: 103 pages
Date: 2021-05
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Citations: View citations in EconPapers (2)

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