Program

  • Morning sessions will begin at 9am. Lunch is provided between 1-2 pm. The afternoon session will run from 2-5pm. The tentative workshop topics and their scheduling are indicated below.

    The exact schedule as well as the coverage of topics will depend to some extent on the previous experience of participants with GTAPinGAMS and MPSGE as well as their specific research interests which we will request before the workshop starts.

    Contents

    Part 1: Economic Equilibrium and Mixed Complementarity Problems (MCP)

    • Mixed Complementarity Problems (MCP).

    • Economic equilibrium models in algebraic MCP format.

    • Partial equilibrium analysis of free trade agreements.

                Hands-on: An optimization problem in MCP format.

    Part 2: Data management using GTAPinGAMS and data-driven analysis:
    • The GTAPinGAMS data system and alternatives

                 Hands-on: Sector and region aggregation (GTAP 9, free)

    • Multi-region input-output analysis of CO2 emissions embodied in bilateral trade

                 Hands-on: Balance of emissions embodied in trade (BEET)

    • GTAP trade-data including elasticities and distortions

                  Hands-on: Data extraction and partial-equilibrium tariff analysis.

    Part 3: Standard CGE trade models for policy analysis
    • CES and the Calibrated Share Form: necessary and sufficient information arranged in algebraic and tabular (MPSGE) form.
    • Transforming IO data into basic CGE models using the calibrated share form and MCP format (MCP)
    • MPSGE: a meta-language for large-scale CGE modeling.

                Hands-on: GE models—from algebraic MCP to MPSGE syntax: Initial taxes, Nested CES, Open Economy, Price and quantity constraints.

    • A template for CGE analysis of trade policy: The 1-2-3 model.

               Hands-on: The welfare impacts of trade liberalization.

    Part 4: Advanced trade structures and large-scale applications
    • Armington trade structure (with alternatives Krugman and Melitz) overview

                Hands-on: Armington/Melitz Partial Equilibrium and Armington/Melitz General Equilibrium.

    • WTO dispute-settlement calculations under PE Armington

                Hands-on: WTO dispute settlement (DS 464 and DS 437) damage calculations

    • Canonical multi-region trade model based on GTAPinGAMS

                 Hands-on: Non-tariff barriers and the importance of rent capture (rectangles versus triangles)

    Part 5: Advanced trade policy applications and exercises
    • Carbon Tariffs
    • Optimal Tariffs and trade wars
    • Structural sensitivity in an empirical model (time permitting)
    • Decomposition strategies for Melitz computation (time permitting)
    • Structural estimation and gravity (time permitting)

    Other Editions

WEM :: Workshop on Economic Modeling