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GTAP Resources: Resource Display

GTAP Resource #7347

"Incorporating Melitz into WiNDC"
by Fox, Alan


Abstract
The Melitz model of heterogeneous firms in production (2003) has provided new insights intothe behavior of international trade and production. While its specification is relatively parsimonious, it can prove difficult to implement in the framework of a general equilibrium simulation.

Relying on the work of Balistreri and Tarr (2022a,b), this paper extends the canonical
WiNDC model as published by the Wisconsin National Data Consortium (https://windc.
wisc.edu/). We replace the classical CES production function of the WiNDC model with a heterogeneous firms model consistent with Melitz.


Resource Details (Export Citation) GTAP Keywords
Category: 2024 Conference Paper
Status: Not published
By/In: Presented during the 27th Annual Conference on Global Economic Analysis (Fort Collins, Colorado, USA)
Date: 2024
Version: 1
Created: Fox, A. (4/15/2024)
Updated: Fox, A. (6/11/2024)
Visits: 211
- Functional forms and closure rules
- Model extension/development
- Partial and general equilibrium models


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  File format Paper  (81.4 KB)   Replicated: 0 time(s)
  File format Slides_Melitz_in_WiNDC_Alan_Fox  (438.2 KB)   Replicated: 0 time(s)


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