'Making computable general equilibrium models dynamic like the world they represent has long been a priority for modelers. This book lays out the GTAP team's approach with admirable clarity and detail and with a number of excellent examples. It will help many users tackle dynamic problems and so contribute greatly to the world of international policy analysis.' L. Alan Winters, University of Sussex
Part I. Introduction and Overview: 1. Introduction Elena Ianchovichina; Part II. Structure of Dynamic GTAP Framework: 2. Theoretical structure of dynamic GTAP Elena Ianchovichina and Robert McDougall; 3. Behavioral and entropy parameters in the dynamic GTAP model Alla Golub and Robert McDougall; 4. An overview of the dynamic GTAP data base: the data base construction and aggregation programs Robert McDougall, Terrie Walmsley, Alla Golub, Elena Ianchovichina and Ken Itakura; 5. A baseline scenario for the dynamic GTAP model Terrie Walmsley, Betina Dimaranan and Robert McDougall; 6. Welfare analysis in the dynamic GTAP model Terrie Walmsley, Robert McDougall and Elena Ianchovichina; 7. Implementing GDyn in the RunDynam software Ken Itakura, Elena Ianchovichina, Csilla Lakatos and Terrie Walmsley; Part III. Applications of Dynamic GTAP: 8. Assessing the impact of China's WTO accession on investment Terrie Walmsley, Thomas Hertel and Elena Ianchovichina; 9. Dynamic effects of the 'new-age' free trade agreement between Japan and Singapore Thomas Hertel, Terrie Walmsley and Ken Itakura; 10. Resource use and technological progress in agriculture Elena Ianchovichina, Roy Darwin and Robin Shoemaker; 11. Global economic integration and land use change Alla Golub and Thomas W. Hertel; 12. The contribution of productivity linkages to the general equilibrium analysis of free trade agreements Ken Itakura, Thomas Hertel and Jeffrey Reimer; 13. Global demographic change, labor force growth and economic performance Rod Tyers and Quinn Shi; Part IV. Evaluation of Dynamic GTAP Framework: 14. Household saving behavior in GDyn: evaluation and revision Alla Golub and Robert McDougall; 15. Implications for global economic analysis Elena Ianchovichina and Terrie Walmsley; Appendix Terrie Walmsley and Robert McDougall.