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GTAP Resource #5990

"Chapter 8.B: Agricultural Production Targeting"
by Chepeliev, Maksym and Erwin Corong

Agricultural production targeting is a procedure applied to certain I-O tables before the main data construction phase. Except for its agricultural orientation, it is unrelated to the agricultural I-O data disaggregation discussed in sub-chapter 8.A of this chapter. Rather, it arises from concerns that arose with the GTAP 5 Data Base, that in the data for European Union (EU) member countries there were considerable inaccuracies in levels and international distribution of agricultural production, and, consequently, in the budgetary cost of assistance. This led to problems in analysis of EU agricultural reform.
Investigation revealed that these inaccuracies largely reflected discrepancies between the representation of agriculture in the contributed I-O tables for EU member countries (van Leeuwen, 2002) and EUROSTAT production data relied upon by EU stakeholders. These arose partly from differences in reference years (the I-O data being older), but more from basic data differences.

Resource Details (Export Citation) GTAP Keywords
Category: GTAP 10 Data Base Documentation
Status: Published
By/In: Center for Global Trade Analysis
Date: 2019
Created: McIntire, H. (2/24/2020)
Updated: McIntire, H. (4/7/2020)
Visits: 2,776
- The GTAP Data Base and extensions

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