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GTAP Resource #5750

"Reconciling econometric and simulation models of agricultural supply using a Generalized Extreme Value model"
Authors: Gouel, Christophe, David Laborde and Simone Pieralli


Abstract
This paper details the properties of an agricultural supply model relying on the assumption that crop yields are distributed following a Generalized Extreme Value distribution. It shows how this model compares to existing modeling approaches, especially the one commonly used in computable general equilibrium model: the constant elasticity of transformation function. It proposes an estimation strategy based on a flexible auxiliary model.


Resource Details () GTAP Keywords
Category: 2019 Conference Paper
Status: Published
By/In: Presented at the 22nd Annual Conference on Global Economic Analysis, Warsaw, Poland
Date: 2019
Version:
Created: Gouel, C. (4/12/2019)
Updated: Gouel, C. (6/26/2019)
Visits: 1,717
- Calibration and parameter estimation
- Land use
- Not Applicable


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Last Modified: 4/20/2026 1:44:43 PM