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GTAP Resource #2893

"GTAP 7 Data Base Documentation - Chapter 6: Macroeconomic Data"
by Aguiar, Angel and Betina Dimaranan

During the GTAP Data Base construction process, macroeconomic data are used in various stages. The primary use of macroeconomic data is in updating the regional input-output (I-O) tables to a common base year – 2004 for the GTAP 7 Data Base. As a first step, all the coefficients in the regional I-O tables, initially in national currency units, are scaled-up by the ratio of gross domestic product (GDP) calculated from the I-O tables to external GDP data in 2004 US dollars. Then, data on GDP aggregates – private consumption (C), gross capital formation (I), and government consumption (G) – are used in the FIT process to update the values of these aggregates in the regional I-O tables (see Chapter 15.A).

Resource Details (Export Citation) GTAP Keywords
Category: GTAP 7 Data Base Documentation
Status: Published
By/In: Center for Global Trade Analysis
Date: 2008
Created: Batta, G. (10/30/2008)
Updated: Batta, G. (8/20/2010)
Visits: 6,118
- The GTAP Data Base and extensions

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