Tax free version of NUS333 used in Ch. 8, Burfisher, Intro to CGE Models 3e. (2021)
November 2020

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Version: NTAXTOY
Model: Standard GTAPv7 model (uncondensed)
Data: GTAP Data Base version 8.1 (2007) (same model as TaxToy in Intro to CGE models 2e, but data are compatible with GTAPv7 model)
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I.   SUMMARY

This GTAP model version uses a 2-region, 3-activity, 3-commodity, 3-factor data aggregation.  
It is used for demonstration in Burfisher, Mary E. (2021), Introduction to CGE Models, 3e.  Cambridge University Press.

It is the same database as NUS333, after using Altertax to remove all taxes.

II.   SETS

The 2 regions are:
USA	United States
ROW	Rest of the World

The 3 production activities are:
AGR	food and agriculture
MFG	resources and manufactures
SER	all services

The 3 commodities are:
AGR	food and agriculture
MFG	resources and manufactures
SER	all services

The 3 factors are:
Land
Labor
Capital


III.   EXPERIMENT FILES: SHOCKS, CLOSURES AND SOLUTION METHOD

SHOCKS
The experiments in this version:
- Replicate the tables in Chapter 8 of the book 
 
CLOSURES
Standard uncondensed GE closure for GTAPv7 model, except when noted in text

SOLUTION METHODS
The preferred solution method for policy analysis is Gragg 2-4-6 -- with automatic accuracy if large shocks are undertaken. 




