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A SAM Based Global CGE Model using GTAP Data January 2005\ud

By S. McDonald, S. Robinson and K. Thierfelder


This paper provides a technical description of a global computable general equilibrium (CGE) model that is calibrated from a Social Accounting Matrix (SAM) representation of the Global Trade Analysis Project (GTAP) database. A distinctive feature of the model is the treatment of nominal and real exchange rates and hence the specification of multiple numéraire.\u

Publisher: Department of Economics, University of Sheffield
Year: 2005
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