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GTAP Resources: Resource Display

GTAP Resource #480

"Theoretical Structure of Dynamic GTAP"
by Ianchovichina, Elena and Robert McDougall


Abstract
This paper documents the foreign asset ownership and investment theory of the dynamic GTAP model (GTAP-Dyn). The new investment theory offers a disequilibrium approach to modeling endogenously international capital mobility. It permits a recursive solution procedure, a feature that allows easy implementation of dynamics into any static AGE model without imposing limitations on the model's size. The method involves treating time as a variable, not as an index. Having time as a variable allows the construction of dynamic GTAP with minimum modifications to the existing structure of GTAP, by separating the theory of static GTAP from the length of run.


Resource Details (Export Citation) GTAP Keywords
Category: Technical Paper
Status: Published
By/In: GTAP Technical Paper No. 17
Date: 2000
Version:
Created: Bacou, M. (12/3/2000)
Updated: Walmsley, T. (10/31/2006)
DOI: https://doi.org/10.21642/GTAP.TP17
Visits: 21,435
- Dynamic modeling


Attachments
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Public Access
  File format GTAP Resource 480  (30.9 KB)   Replicated: 0 time(s)
  File format PDF file   (721.5 KB)   Replicated: 0 time(s)
  File format PDF file, hyperlinked   (794.8 KB)   Replicated: 0 time(s)


Restricted Access
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Special Instructions
- Tab file is the main model file
- sti file for condensation
- cls file is the standard closure file


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Last Modified: 9/15/2023 2:05:45 PM