Book contents
- Frontmatter
- Contents
- Contributors
- Acknowledgments
- PART I INTRODUCTION AND OVERVIEW
- PART II STRUCTURE OF THE DYNAMIC GTAP FRAMEWORK
- 2 Theoretical Structure of Dynamic GTAP
- 3 Behavioral and Entropy Parameters in the Dynamic GTAP Model
- 4 An Overview of the Dynamic GTAP Data Base: The Data Base Construction and Aggregation Programs
- 5 A Baseline Scenario for the Dynamic GTAP Model
- 6 Welfare Analysis in the Dynamic GTAP Model
- 7 Implementing the Dynamic GTAP Model in the RunDynam Software
- PART III APPLICATIONS OF DYNAMIC GTAP
- PART IV EVALUATION OF THE DYNAMIC GTAP FRAMEWORK
- Appendix: Negative Investment: Incorporating a Complementarity into the Dynamic GTAP Model
- Glossary of GDyn Notation
- Index
- References
4 - An Overview of the Dynamic GTAP Data Base: The Data Base Construction and Aggregation Programs
Published online by Cambridge University Press: 05 June 2012
- Frontmatter
- Contents
- Contributors
- Acknowledgments
- PART I INTRODUCTION AND OVERVIEW
- PART II STRUCTURE OF THE DYNAMIC GTAP FRAMEWORK
- 2 Theoretical Structure of Dynamic GTAP
- 3 Behavioral and Entropy Parameters in the Dynamic GTAP Model
- 4 An Overview of the Dynamic GTAP Data Base: The Data Base Construction and Aggregation Programs
- 5 A Baseline Scenario for the Dynamic GTAP Model
- 6 Welfare Analysis in the Dynamic GTAP Model
- 7 Implementing the Dynamic GTAP Model in the RunDynam Software
- PART III APPLICATIONS OF DYNAMIC GTAP
- PART IV EVALUATION OF THE DYNAMIC GTAP FRAMEWORK
- Appendix: Negative Investment: Incorporating a Complementarity into the Dynamic GTAP Model
- Glossary of GDyn Notation
- Index
- References
Summary
Introduction
The GDyn Data Base, used with the GDyn model, is based on the GTAP Data Base, which describes the global economy in a given year (2001 for the GTAP 6 Data Base; Dimaranan 2006). The GTAP Data Base is augmented with additional data required for GDyn, the dynamic version of the GTAP model. This chapter covers the preparation of these additional elements of the GDyn Data Base1 and the manipulation and aggregation of the GDyn Data Base with various utility programs. The focus is on the additional data requirements, with minimal discussion of the dynamic parameters (see Chapter 3). Readers interested in the underlying GTAP Data Base are referred to Dimaranan (2006).
The GTAP Data Base (Dimaranan, 2006) is changed in the following three ways to obtain a database for GDyn:
Five new arrays, listed in Table 4.1, are added to the standard GTAP data file. The values of the regional savings array also change from those in the standard GTAP Data Base, although the dimensions of the array do not change. These changes are discussed in Section 2.
A new parameters file contains the seven new parameters used in the dynamic theory (Table 4.2). The methodology for estimating econometrically, and in some cases calibrating these parameters, was examined in detail in Chapter 3. In this chapter the procedure for assigning values to these parameters in the standard GDyn Data Base is outlined. These changes are discussed in Section 3.
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- Dynamic Modeling and Applications for Global Economic Analysis , pp. 120 - 135Publisher: Cambridge University PressPrint publication year: 2012
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