Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/207086
Authors: 
Aguiar, Angel
Corong, Erwin L.
van der Mensbrugghe, Dominique
Bekkers, Eddy
Koopman, Robert Bernard
Teh, Robert
Year of Publication: 
2019
Series/Report no.: 
WTO Staff Working Paper No. ERSD-2019-10
Abstract: 
This document provides a technical description of the WTO Global Trade Model developed by the Center for Global Trade Analysis (GTAP) and the World Trade Organization (WTO). The model can be used to generate global trade projections and to assess the medium and long run effects of a wide range of global and national trade policies. The WTO Global Trade Model is a recursive dynamic extension of the static GTAP model (Corong et al., 2017), and implements a parsimonious approach to incorporate monopolistic competition - i.e., Eithier-Krugman or Melitz-type firm heterogeneity - in the standard GTAP model following Bekkers and Francois (2018).
Subjects: 
computable general equilibrium
recursive dynamics
baseline projections
international trade
JEL: 
C68
F12
F17
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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