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Wieck, Christine; Wahl, Thomas I.. |
This paper focuses on the import side of a regional economy quantifying the economic impact of import levels and trade liberalization. An innovation represents the linkage of a regional with a national model by combining two separate Computable General Equilibrium models into one framework. This allows for import price formation in liberalization scenarios on the national level and subsequent incorporation of these nationally simulated prices into the regional model. The regional model is applied to Washington State, one of the most trade dependent states of the U.S, the national model to the U.S. Data for the two identically structured models origin from the IMPLAN database which divides the U.S. and Washington economy into 509 industries. For both... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Computable General equilibrium; Regional modelling; Trade liberalization; International Relations/Trade; C68; R13; F17. |
Ano: 2007 |
URL: http://purl.umn.edu/9861 |