GTAP Resources: Resource Display
| GTAP Resource #6828 |
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"Incorporating State by Country Trade into the WiNDC Database and its Policy Implications" by Fox, Alan Abstract To date, the WiNDC database treats international trade as occurring between the United States as a whole and its trading partners (see Rutherford and Schreiber, Journal of Global Economic Analysis, 4(2), 24, n. 16 (2019)). The individual U.S. states export and import with the world through this national aggregate. The canonical WiNDC model uses an Armington function to reconcile state exports and imports at the national level, and to balance these trade flows with the United States’ partner countries. This paper extends the WiNDC database by decomposing international trade among the 50 states and the District of Columbia, incorporating into the WiNDC database the observed heterogeneity of U.S. global trade flows across states. The resulting trade surface reflects the varying intensity of different states’ trade with U.S. trading partners. We next modify the canonical WiNDC model to take advantage of the disaggregated trade surface. Lastly, we perform simulations to illustrate how the original Armington approach and the disaggregated trade surface approach differ under the same policy experiments. |
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- Baseline development - Model extension/development - Other data bases and data issues |
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Public Access  GTAP Resource 6828 (983.4 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 1:05:45 PM
