THEORETICAL STRUCTURE OF DYNAMIC GTAP
| dc.creator | Ianchovichina, Elena | |
| dc.creator | McDougall, Robert | |
| dc.date | 2017-04-01T17:51:56Z | |
| dc.date.accessioned | 2026-07-09T04:02:20Z | |
| dc.description | This paper documents the foreign asset ownership and investment theory of the dynamic GTAP model (GTAP-Dyn). The new investment theory offers a disequilibrium approach to modeling endogenously international capital mobility. It permits a recursive solution procedure, a feature that allows easy implementation of dynamics into any static AGE model without imposing limitations on the model's size. The method involves treating time as a variable, not as an index. having time as a variable allows the construction of dynamic GTAP with minimum modifications to the existing structure of GTAP, by separating the theory of static GTAP from the length of run. | |
| dc.identifier | doi:10.22004/ag.econ.28723 | |
| dc.identifier | https://ageconsearch.umn.edu/record/28723/files/tp17.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/28723 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/543897 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/28723 | |
| dc.title | THEORETICAL STRUCTURE OF DYNAMIC GTAP | |
| dc.type | Text |