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GTAP Resources: Resource Display

GTAP Resource #6463

"GTAP-VA: An Integrated Tool for Global Value Chain Analysis"
by Fusacchia, Ilaria, Alessandro Antimiani and Luca Salvatici

Global Value Chains (GVCs) have transformed production across a broad range of goods and services worldwide. New trade statistics are required in order to perform a more accurate analysis of trade flows through their decomposition in terms of value-added content, distinguished according to the sector/region of origin/destination. Our approach traces value added embedded in trade flows back to its origin or forward to its destination in a Computable General Equilibrium (CGE) model. A new module (available as a download with this paper) is introduced to the Global Trade Analysis Project (GTAP) model and used in a stylized scenario with 3 regions (the United States, the European Union and the Rest of the World) and 3 sectors (Manufactures, Agrifood and Services) where a free trade area between the European Union and the United States is simulated. Results show that the new version of the model (GTAP-VA) makes a useful contribution to trade policy analysis.

Resource Details (Export Citation) GTAP Keywords
Category: Other CGE Application
Status: Published
By/In: Journal of Global Economic Analysis, 3(2), 69-105.
Date: 2018
Created: Fusacchia, I. (11/16/2021)
Updated: Batta, G. (11/16/2021)
Visits: 1,192
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