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GTAP University (GTAP-U): 2025 Short Course in Dynamic Global Trade Analysis

2025 Short Course in Dynamic Global Trade Analysis

"Applied General Equilibrium Analysis using a Dynamic Multi-Region Model"

Purdue University
Purdue University
West Lafayette, IN, USA

Dates/Deadlines (USA Eastern Time Zone)

Course Application April 15 - August 11, 2024
Enrollment September 2024
Lodging Reservations February 15, 2025
Course Dates
Phase 1 (Online) January 20 - March 2, 2025
Phase 2 (Onsite) March 10-14, 2025

Courses phases are not offered independently.


General Information
Dates: Phase 1: Asynchronous Online Learning January 20 - March 2, 2025
Phase 2: Onsite Residency March 10-14, 2025

Courses phases are not offered independently.

Location: Purdue University, Krannert Building
403 Mitch Daniels Blvd.
West Lafayette, Indiana 47907 USA
Offered by: Center for Global Trade Analysis, Purdue University
Registration Fee: $4,500 USD Professional (Developed Country)
$3,500 USD Professional (Developing Country)
$2,000 USD Student (Developed Country)
$1,000 USD Student (Developing Country)
Logistical Details:
ApplicationsApplications
CostCost
Invitation LetterInvitation Letters
VisasVisas
LodgingLodging
Transportation and DirectionsTransportation
Contact InformationContact Information

Course Content

Background and Objectives
The objective of this course is to introduce participants to dynamic economic analysis in an applied general equilibrium setting. This course is designed to provide participants with ample hands-on training with software that has been tailored for undertaking analysis using a dynamic recursive model. Participants will interact with economists working on global trade and environmental issues using a dynamic framework. The end goal of the course is for participants to leave with the capability of conducting and analyzing their own dynamic simulations.

Features of the GTAP-Recursive Dynamics (GTAP-RD) model include:

  • Recursive dynamics based on the GTAP Model (v7), a multi-region, multi-sector general equilibrium model, including parameters by region and the flexibility of using the make matrix that allows for activities to produce one or more commodities.
  • "Twist" preference parameters to capture domestic-imported bundle shifts and capital-labor changes over time.
  • GTAP-Energy (GTAP-E) and GTAP-Power (GTAP_EP) models, based on version 7, have also been extended for recursive dynamic analysis and are also available during the course for replication and extension work.

Course participants will learn to develop a business-as-usual scenario using information from the Shared Socioeconomic Pathways, which has been annualized and integrated with GTAP distributions for ease of use.

Structure
The GTAP Dynamic Short Course is comprised of an online instruction phase followed by an intensive onsite course delivered by a team of GTAP specialists in data, model construction, and policy analysis. Note that the online and onsite phases of the course are not offered independently.

  • Phase 1: Asynchronous Online Learning
    Participants should expect to spend approximately 3 hours/week during the online portion of the course.
    • Module 1 - "Getting Started"
      • Module Objectives - Upon completion of this module students will:
        • know when to consider using dynamic analysis
        • learn about the inputs used to construct the GTAP Data Base
        • know how to perform an aggregation with the aggregation utility GTAPAgg
        • review the Standard GTAP Model
      • Topics Covered:
        • Course software installation
        • Course motivation
        • GTAP Data Base and GTAPAgg
        • Standard GTAP Model
    • Module 2 - "Overview of GTAP-RD Models and Simulation"
      • Module Objectives - Upon completion of this module students will:
        • know about the latest GTAP Recursive Dynamic (RD) models
        • understand how these models have been made dynamic
        • learn how to run simulations from the command line
        • Adjust tax rates using simulations (Altertax)
      • Topics Covered:
        • Overview of the GTAP-RD, GTAP-E-RD, and GTAP-EP-RD Models
        • Altertax for the GTAP and GTAP-RD Model
    • Module 3 - "Overview and Introduction to RunDynam"
      • Module Objectives - Upon completion of this module students will:
        • become familiar with RunDynam
        • distinguish the basics of dynamic global CGE
        • identify the key elements of a baseline
      • Topics Covered:
        • Overview of course software
        • Baselines for Dynamic CGE Models
    • Module 4 - "Baseline Aggregation Utility"
      • Module Objectives - Upon completion of this module students will:
        • know how to perform an aggregation with the aggregation utility GTAPAgg
        • know what projections are available to you
        • understand why closures differ between baseline and policy scenarios
      • Topics Covered:
        • GTAP-RD Data and Baseline Aggregator
        • Loading data into RunDynam
    • Module 5 - "Setting up your baseline"
      • Module Objectives - Upon completion of this module students will:
        • know how to perform a baseline simulation
        • be exposed to other key elements of a baseline
        • recognize what more you may need and how to process them
      • Topics Covered:
        • Baselines for Dynamic CGE Models
        • Baseline Implementation with RunDynam
    • Module 6 - "Phase 1 Wrap-up Week"
      • Module Objectives - During the final week of phase 1, participants will have a chance to catch up on any incomplete coursework and pose any remaining questions pertaining to the material covered before moving onto the next phase of the course.
  • Phase 2: Onsite Residency - The onsite phase of the course consists of a mix of daily lectures, lab assignments, and informal discussions designed to introduce participants to the basic features of the model and database. Participants will undertake formal lecture and lab assignments in the mornings and spend the afternoons working in groups to build their own economic applications, which includes working with data to develop a baseline and policy experiments. The groups will present the results of their applications on the final day.
    • Lecture Content
      • Elements of a Baseline
      • Overview of GTAP-RD Model and Closure Rules
      • Information Sources for Scenario Development
      • Discussion of Limitations
    • Laboratory Content
      • Setting up an Application
      • Building a Baseline Scenario
      • Setting up Policy Scenarios
      • Examining Results of the Policy Shocks
    • Capstone Project: Model Extensions for Replication and Extension
      • GTAP-RD - Trade application focusing on the economic effects of trade agreements (e.g., CP-TPP and RCEP)
      • GTAP-E-RD/GTAP-EP-RD - Environment application focusing on Paris agreement

Application

Prerequisites
It is expected that applicants have undertaken courses on multi-region general equilibrium analysis or have completed a significant piece of analysis using a dynamic multi-region GE model or another, comparable, general equilibrium model.

August 11th Deadline

Application
Individuals interested in taking this course must apply on the GTAP website. All applications will be reviewed following the deadline. Those accepted into the course will receive an email including an invitation letter and details for registration and payment. Note that application does not guarantee acceptance.

Registration Rates
The registration fees (in USD) for this course are detailed below and include all materials required during the course. The fees also cover daily coffee breaks, lunches, one reception, and one dinner during the onsite phase. The fees do not include a license to the current version of the GTAP Data Base, which is not required for the course. Participants wishing to purchase this must do so separately.

Developed Country Developing Country
Professionals $4,500 $3,500
Students $2,000 $1,000

Rate Details and Eligibility Requirements

  1. Developing Country Rates - In order to be eligible for a discounted, developing country rate, applicants must currently be residing in a country listed on the "GTAP Developing Countries List".
  2. Student Rates - Student rates are only available to current, full-time students. Post-docs and students concurrently working in any professional capacity are not eligible for these rates. Registrants may be asked to provide proof of current academic status.

Cancellations
All cancellations must be emailed to Ginger Batta. Registered participants who are unable to participate will receive a 50% refund until December 29, 2024. No refunds will be made after this date. Deferments to later courses are not allowed.

System Requirements

Participants are required to provide their own computer for all phases of the course. Computers must meet the following minimum specifications. All software and files needed for the course not listed below will be provided.

Computer Requirements

  • Windows 7 or later
    • Macs can be used, but users must either be able to dual boot to Windows or install/access Windows through a virtual machine. Note that technical support for Macs will not be provided.
  • 32-bit or higher
  • i5 or higher processor
  • 500MB free hard drive space
  • 1GB RAM
  • Administrator access (or ability to have course software installed)

Other Requirements

  • Reliable internet connection (broadband recommended)
  • Microsoft Office
  • Adobe Reader or Acrobat
  • Zip utility program

Note on YouTube
During this course, some online materials are hosted on YouTube; therefore, participants must have the ability to access YouTube in order to view these videos. If a participant is unable to access YouTube, they must have access to a VPN or remote computer as video source files will not be provided.

Travel Requirements

Vaccination Requirements
All travelers should be up-to-date on routine vaccinations while traveling to any destination. For requirements specific to the United States, please visit the Centers for Disease Control and Prevention website.

Invitation Letters
Invitation letters will be emailed to those selected to enroll in the course at the time of acceptance. Physical invitation letters will not be provided.

Visas
Those selected to enroll who require a visa to enter the United States should review the U.S. Department of State's website for details on applying for and obtaining the appropriate visa immediately after being notified of their acceptance. Those who plan to apply for a nonimmigrant visa as a temporary visitor, can review visa appointment wait times online.

Lodging

Participants are responsible for securing and paying for their own lodging. Reservation blocks have been secured at the following hotels. There are other West Lafayette/Lafayette area hotels where participants may choose to stay; however, availability is not guaranteed.

Hilton Garden Inn
356 East State Street
West Lafayette, Indiana

Cost: $131/night + tax
Book Online
Using the link above, the blocked dates (March 9-14) and special rate are already applied under group code 903.

Reservation Deadline: February 15, 2025

Transportation and Directions

Purdue University is located in West Lafayette, Indiana which is approximately 65 miles (105 km) northwest of Indianapolis, Indiana and 120 miles (195 km) southeast of Chicago, Illinois.

  • Via Indianapolis - Those wishing to fly into the Indianapolis International Airport can rent a car and drive and to West Lafayette or take the Lafayette Limo or Reindeer shuttle services.
  • Via Chicago - Those wishing to fly into the Chicago O'Hare International Airport can rent a car and drive to West Lafayette or take the Lafayette Limo, or Reindeer shuttle services.
  • Campus Parking - Visitor parking is available in the Grant Street Parking Garage, adjacent to the Purdue Memorial Union, 101 N. Grant St, West Lafayette, IN.

*Reservations should be made in advance for all airport shuttles. Be advised that airport shuttles may not drop off or pick up directly from your hotel. Please be sure to look into these details when selecting a service.

Contact Information

Ginger Batta (gbatta@purdue.edu)
Lead Program Manager
Center for Global Trade Analysis
Department of Agricultural Economics, Purdue University
403 Mitch Daniels Blvd., West Lafayette, IN 47907-2056 USA


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Center for Global Trade Analysis
Department of Agricultural Economics
Purdue University
403 Mitch Daniels Blvd.
West Lafayette, Indiana 47907-2056 USA

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