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GTAP Resources: Resource Display

GTAP Resource #7572

"Implementing land supply curves in the GTAP AEZ model"
by Baldos, Uris Lantz, Erwin Corong and Justin Johnson


Abstract
This research seeks to extend the GTAP AEZ model to incorporate land supply curves which accounts for physical information on available land for use at the AEZ level. It extends the work of Johnson et al (2023) which introduced land supply curves in the GTAP-AEZ model following the approach of Eickhout et al. (2009), which is used in the MAGNET model (Woltjer and Kuiper 2014). Using this framework, land supply in each AEZ is defined as a function of real land rental rates as well as an asymptote that captures the maximum available land. Land supply increases as land rents rise as long as current land use is below the maximum available land. Likewise, if land rents fall, then the supply of land also decline and it is assumed that any land not being used is allocated back to natural cover.


Resource Details (Export Citation) GTAP Keywords
Category: 2025 Conference Paper
Status: Not published
By/In: Presented during the 28th Annual Conference on Global Economic Analysis (Kigali, Rwanda)
Date: 2025
Version:
Created: Baldos, U. (4/15/2025)
Updated: Baldos, U. (4/15/2025)
Visits: 72
- Ecosystem services and biodiversity
- Environmental policies
- Land use


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