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GTAP Resource #5876

"Incorporating Global Value Chains into the Dynamic GTAP Model"
by Itakura, Ken

In this paper, we introduce global value chains (GVCs) in intermediate transactions to the recursively dynamic computable general equilibrium (CGE) model. Then, we explore how the introduction of GVCs affects impact of trade policy, by making comparisons between the policy effects obtained from the model incorporating the GVCs and those obtained from a conventional model. To compare economic effects of trade policy, we run a set of policy simulations of the Regional Comprehensive Economic Partnership (RCEP) agreement between the ASEAN member countries and Japan, China, Korea, Australia, New Zealand, and Singapore.

Resource Details (Export Citation) GTAP Keywords
Category: 2019 Conference Paper
Status: Published
By/In: Presented at the 22nd Annual Conference on Global Economic Analysis, Warsaw, Poland
Date: 2019
Created: Itakura, K. (4/15/2019)
Updated: Itakura, K. (4/15/2019)
Visits: 1,119
- Dynamic modeling
- Preferential trading arrangements
- The GTAP Data Base and extensions
- Asia (East)
- Asia (Southeast)

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