GTAP Resources: Resource Display
| GTAP Resource #2357 |
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"The Monash-Multi-Country (MMC) Model and the Investment Liberalisation in China's Oil Industry" by Yinhua, Mai Abstract Computable general equilibrium models have been widely applied in analysing the effects of removing tariffs. However, not nearly as much effort has been devoted to their application on investment liberalisation that is increasingly an integral part of trade liberalisation agreements. The Monash-Multi-Country (MMC) model is developed to meet such policy needs. The MMC model is an advanced dynamic CGE model with bilateral investment flows between countries/regions modelled explicitly at an industry level. This paper describes the model structure and data of the MMC model. Its application is illustrated by a simulation of a potential investment liberalisation in China’s oil industry. The MMC model has been used to analyse the effects of a bilateral free trade agreement between Australia and China. |
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- Foreign direct investment - Technological change - Dynamic modeling - Calibration and parameter estimation - Asia (East) |
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Public Access  2007 Conference Paper (114.3 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 1:05:45 PM
