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Walmsley, Terrie L.. |
In static applied general equilibrium models, the exogenous/endogenous split between variables (or closure) is used to infer the time frame over which the effects of a shock are simulated. This paper introduces a long-run closure for the GTAP model (Hertel and Tsigas, 1997) and uses this closure to simulate and compare the short-run and long-run effects of Asia-Pacific trade liberalisation. The approach explored here incorporates some relatively minor changes to existing GTAP theory in order to define a steady state in which growth rates of all real variables are uniform. Such uniformity must apply in the initial database (as well as in the post-shock solution). So to implement the new long run in GTAP a new initial database must first be created. Details... |
Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
Ano: 1998 |
URL: http://purl.umn.edu/28719 |
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McDonald, Scott; Walmsley, Terrie L.. |
The EU has indicated that after 2008 its trade relationships with developing countries will be dominated by the development of preferential trade agreements. Although not a consequence of the Cotonou Agreement, the free trade agreement between the EU and the Republic of South Africa (EU RSA FTA) is clearly one of the first fruits of this approach to trade relationships. However, there is no evidence that the design of the EU RSA FTA incorporated a comprehensive general equilibrium evaluation of the agreement for either the signatories or the other southern African nations. The analyses reported here indicate that while the EU RSA FTA may substantially benefit the signatories, there are appreciable negative impacts for other states, especially the RSA's... |
Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
Ano: 2003 |
URL: http://purl.umn.edu/28699 |
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Aguiar, Angel; Walmsley, Terrie L.. |
In January 2004, President George Bush proposed the creation of a temporary worker program to allow more migrant workers to enter the US legally. This new temporary worker program would be open to undocumented workers in the US, as well as to prospective migrants currently residing abroad. The program would temporarily allow immigrants to fill jobs that, according to employers, would otherwise go unfilled at the current wage. The US Congress vetoed the presidential proposal, however, and requested a stricter enforcement of immigration law and the consequent deportation of undocumented immigrants. This study analyzes the economic effects of these immigration reforms on the US economy using an applied global general equilibrium model of migration. In... |
Tipo: Conference Paper or Presentation |
Palavras-chave: US Undocumented Workers; Applied General Equilibrium; Political Economy. |
Ano: 2009 |
URL: http://purl.umn.edu/49302 |
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Huff, Karen; McDougall, Robert; Walmsley, Terrie L.. |
This document is written for those who wish to contribute to the GTAP data base, whether by providing an input-output table for a country not separately represented in the data base, or by updating the table for a region that is already represented. It provides specifications and advice on the structure of the table, sectoral classification, treatment of imports, and other key points. It also describes what we at the Center for Global Trade Analysis do once we receive your table. This version has been revised for use by contributors to release 5 of the GTAP data base. In particular, all concordances are to the revised GTAP sectoral classification developed for release 5. |
Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
Ano: 1999 |
URL: http://purl.umn.edu/28717 |
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