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GTAP Resource #459 |
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"The Process of Incorporating Energy Data into GTAP" by Truong, Truong Abstract November 1999 It was observed that data relating to certain of the energy commodities in version 3 of the GTAP data base were of questionable reliability (Babiker and Rutherford, 1997). In particular the data on energy commodities seemed to be at variance with the energy statistics of the International Energy Agency (IEA). A project was undertaken at the Center for Global Trade Analysis with the financial support from the US Department of Energy to look into this issue. As part of the Project, Christophe Complainville of the OECD Development Center collected information on energy volume (i.e. quantity) flows, and price information were collected by Gerard Malcolm at Purdue University. Gerard Malcolm then went on to ‘incorporate’ the energy volume and price information into the newly released Version 4 of the GTAP data base. The result was an interim release of a special data base called GTAP-4E in September and October of 1998. This Technical Paper documents the process of integrating energy volume and prices into the standard GTAP data base. |
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