GTAP Resources: Resource Display
| GTAP Resource #96 |
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"World Scan, The Core Version" by Lejour, Arjan Abstract WorldScan is a flexible model at CPB developed to analyse long-term issues in the world economy. Examples are globalization, ageing, the depletion of energy sources and the emission of greenhouse gasses. WorldScan is also used to perform policy analysis — on trade and environmental policies, for example. This publication presents the core version of WorldScan. It gives an overview of the model, the data, and applications. The first part of the book discusses the main mechanisms of WorldScan and its theoretical foundations and properties. Characteristic elements of the model are an Armington trade specification, combined with Heckscher-Ohlin mechanisms in the long run, converging consumption patterns, a low-productivity sector in developing regions, from which the high- productivity economy may draw labour, and a division between low- and high-skilled labour. The second part presents the calibration procedure and the data used for calibration. It also shows the projections of exogenous trends that are necessary for the construction of scenarios. The mechanisms of the model are illustrated by presenting simulation results of a globalization scenario. The applications demonstrate that WorldScan can be used to construct scenarios for all kinds of studies, to analyse events like ageing and globalization, and to analyse trade policies and climate-change policies. |
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Public Access  GTAP Resource 96 (1.3 MB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions Separate chapters can be downloaded from http://www.cpb.nl/eng/pub/cpbreeksen/bijzonder/20/download.html |
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Last Modified: 9/15/2023 1:05:45 PM
