GTAP Resources: Resource Display
| GTAP Resource #3209 |
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"Sensitivity Analysis in PAEG Model: An Empirical Assessment For The Brazilian Regional Effects of the Doha Round Failure" by Curzel, Rosana Abstract We use model and database constructed by Gurgel (2009) to develop general equilibrium analysis of five Brazilian regions and named General Equilibrium Analysis Project for the Brazilian Economy (PAEG). This structure is connected with GTAP version 7 and it is formulated in GTAPinGAMS. In this work, the model was aggregated in seven regions as well as five Brazilian regions and nineteen commodities/sectors to assess the welfare results of the Doha Round failure for Midwest and South Brazilian regions, the most important for agribusiness and those which presents the greater losses. It is analyzed reduction in the agricultural production subsidies, elimination of agricultural export subsidies and cuts in agricultural and manufactures tariffs via application of the Swiss formula. The results of the sensitivity to shocks and parameters are evaluated. The Gaussian Quadrature approach proposed to evaluate AGE model results’ sensitivity to parameters and exogenous shocks will be used in this paper. So then, the robustness of the results to different scenarios and trade elasticities will be assessed. |
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Last Modified: 9/15/2023 2:05:45 PM
