Appended Note 2-4 GTAP Model
- Japanese version
- English version
GTAP model is the Applied General Equilibrium (AGE) developed by the Center for Global Trade Analysis, which was established in 1992 in order for the group headed by Professor Hertel from Purdue University of the U.S to assess the impact on each country of the world caused by international trade. Consequently, it allows us to assess, by country, as well as industry, what kind of impact can be brought on by giving an external shock of international policy change such as trade liberalization and through the reciprocal and economic relations of each inter-industry of each country. In GTAP, in addition to the equation system of the model, a complete dataset is offered and each parameter of the model is positively estimated and that the variables such as income, employment and trade were obtained from the official data available for the public (updated data of 1997 was used). As for the model in detail, see Kawasaki (1999) and the GTAP model web site (http://www.gtap.agecon.purdue.edu/).
