The Standard GTAP Model in GAMS, Version 7
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Abstract
The purpose of this paper is to describe a version of the Global Trade Analysis Project (GTAP) computable general equilibrium (CGE) model implemented in the General Algebraic Modeling System (GAMS) that is a literal implementation of the standard General Economic Modeling Package (GEMPACK) version. There are a number of GAMS-based models that rely on the basic GTAP Data Base structure, but none is an exact replica of the GTAP model itself. This paper relies on version 7.0 of the GTAP model released in 2017 and that represents the latest version of the ’standard’ GTAP model, acknowledging that there are multiple variants. The code has been tested with release 9 of the GTAP Data Base that has 57 commodities and 140 countries/regions.
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