Incorporating commodity stockholding into a general equilibrium model of the global economy
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Tyers,Rod & Anderson,Kym, 2011.
"Disarray in World Food Markets,"
Cambridge Books,
Cambridge University Press, number 9780521172318, November.
- Tyers,Rod & Anderson,Kym, 1992. "Disarray in World Food Markets," Cambridge Books, Cambridge University Press, number 9780521351058, November.
- Watson, Mark W, 1993.
"Measures of Fit for Calibrated Models,"
Journal of Political Economy, University of Chicago Press, vol. 101(6), pages 1011-1041, December.
- Mark W. Watson, 1991. "Measures of Fit for Calibrated Models," NBER Technical Working Papers 0102, National Bureau of Economic Research, Inc.
- Mark W. Watson, 1991. "Measures of fit for calibrated models," Working Paper Series, Macroeconomic Issues 91-9, Federal Reserve Bank of Chicago.
- Arndt, Channing, 1996.
"An Introduction To Systematic Sensitivity Analysis Via Gaussian Quadrature,"
Technical Papers
28709, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Arndt, Channing, 1996. "An Introduction to Systematic Sensitivity Analysis via Gaussian Quadrature," GTAP Technical Papers 305, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- DeVuyst, Eric A. & Preckel, Paul V., 1997. "Sensitivity analysis revisited: A quadrature-based approach," Journal of Policy Modeling, Elsevier, vol. 19(2), pages 175-185, April.
- Williams,Jeffrey C. & Wright,Brian D., 2005.
"Storage and Commodity Markets,"
Cambridge Books,
Cambridge University Press, number 9780521023399, November.
- Williams,Jeffrey C. & Wright,Brian D., 1991. "Storage and Commodity Markets," Cambridge Books, Cambridge University Press, number 9780521326162, November.
- Finn E. Kydland & Edward C. Prescott, 1996.
"The Computational Experiment: An Econometric Tool,"
Journal of Economic Perspectives, American Economic Association, vol. 10(1), pages 69-85, Winter.
- Finn E. Kydland & Edward C. Prescott, 1994. "The computational experiment: an econometric tool," Working Papers (Old Series) 9420, Federal Reserve Bank of Cleveland.
- Finn E. Kydland & Edward C. Prescott, 1994. "The computational experiment: an econometric tool," Staff Report 178, Federal Reserve Bank of Minneapolis.
- Pearson, Ken & Channing Arndt, 2000.
"Implementing Systematic Sensitivity Analysis Using GEMPACK,"
GTAP Technical Papers
474, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Arndt, Channing & Pearson, Ken, 2000. "Implementing Systematic Sensitivity Analysis Using Gempack," Technical Papers 28712, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Dimaranan, Betina V. & Hertel, Thomas W. & Keeney, Roman, 2003.
"OECD Domestic Support and the Developing Countries,"
2003 Annual meeting, July 27-30, Montreal, Canada
22000, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Dimaranan, Betina V. & Hertel, Thomas W. & Keeney, Roman, 2003. "Oecd Domestic Support And The Developing Countries," Working papers 28689, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Dimaranan, Betina & Hertel, Thomas W. & Keeney, Roman, 2003. "OECD Domestic Support and the Developing Countries," GTAP Working Papers 1161, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Betina Dimaranan & Thomas W. Hertel & Roman Keeney, 2003. "OECD Domestic Support and Developing Countries," WIDER Working Paper Series DP2003-32, World Institute for Development Economic Research (UNU-WIDER).
- Kydland, Finn E & Prescott, Edward C, 1982.
"Time to Build and Aggregate Fluctuations,"
Econometrica, Econometric Society, vol. 50(6), pages 1345-1370, November.
- Finn E. Kydland & Edward C. Prescott, 1982. "Executable program for "Time to Build and Aggregate Fluctuations"," QM&RBC Codes 4, Quantitative Macroeconomics & Real Business Cycles.
- Finn E. Kydland & Edward C. Prescott, 1982. "Web interface for "Time to Build and Aggregate Fluctuations"," QM&RBC Codes 4a, Quantitative Macroeconomics & Real Business Cycles.
- Unknown, 1998. "Regional Trade Agreements and U.S. Agriculture," Agricultural Information Bulletins 33661, United States Department of Agriculture, Economic Research Service.
- Shoven, John B. & Whalley, John, 1972.
"A general equilibrium calculation of the effects of differential taxation of income from capital in the U.S,"
Journal of Public Economics, Elsevier, vol. 1(3-4), pages 281-321, November.
- John B. Shoven & John Whalley, 1972. "A General Equilibrium Calculation of the Effects of Differential Taxation of Income from Capital in the U.S," Cowles Foundation Discussion Papers 328, Cowles Foundation for Research in Economics, Yale University.
- B. L. Gardner & G. C. Rausser (ed.), 2001. "Handbook of Agricultural Economics," Handbook of Agricultural Economics, Elsevier, edition 1, volume 1, number 2.
- Browning, Martin & Hansen, Lars Peter & Heckman, James J., 1999.
"Micro data and general equilibrium models,"
Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 8, pages 543-633,
Elsevier.
- Martin Browning & Lars Peter Hansen & James J. Heckman, 1999. "Micro Data and General Equilibrium Models," Discussion Papers 99-10, University of Copenhagen. Department of Economics.
- B. L. Gardner & G. C. Rausser (ed.), 2001. "Handbook of Agricultural Economics," Handbook of Agricultural Economics, Elsevier, edition 1, volume 1, number 1.
- Dimaranan, Betina V. & Hertel, Thomas W. & Keeney, Roman, 2003.
"OECD Domestic Support and the Developing Countries,"
2003 Annual meeting, July 27-30, Montreal, Canada
22000, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Dimaranan, Betina & Hertel, Thomas & Keeney, Roman, 2003. "OECD Domestic Support and the Developing Countries," Conference papers 331138, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Dimaranan, Betina & Hertel, Thomas W. & Keeney, Roman, 2003. "OECD Domestic Support and the Developing Countries," GTAP Working Papers 1161, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Betina Dimaranan & Thomas W. Hertel & Roman Keeney, 2003. "OECD Domestic Support and Developing Countries," WIDER Working Paper Series DP2003-32, World Institute for Development Economic Research (UNU-WIDER).
- Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685, December.
- McKitrick, Ross R., 1998. "The econometric critique of computable general equilibrium modeling: the role of functional forms," Economic Modelling, Elsevier, vol. 15(4), pages 543-573, October.
- Wright, Brian, 2001. "Storage and price stabilization," Handbook of Agricultural Economics, in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 1, chapter 14, pages 817-861, Elsevier.
- Unknown, 1998. "Regional Trade Agreements and U.S. Agriculture," Agricultural Economic Reports 33979, United States Department of Agriculture, Economic Research Service.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Ole Boysen & Kirsten Boysen-Urban & Alan Matthews, 2021. "Alternative EU CAP Tools for Stabilising Farm Incomes in the Era of Climate Change," Working Papers 202103, Geary Institute, University College Dublin.
- Paula Pereda & Andrea Lucchesi & Thais Diniz & Rayan Wolf, 2023. "Carbon Tax in the Shipping Sector: Assessing Economic and Environmental Impacts," Working Papers, Department of Economics 2023_04, University of São Paulo (FEA-USP), revised 17 Jun 2024.
- Boysen-Urban, Kirsten & Boysen, Ole & Matthews, Alan & Brockmeier, Martina, 2018.
"EU Common Agricultural Policy Post-2020: Exploring the Effects of Safety-Net Policy Instruments,"
166th Seminar, August 30-31, 2018, Galway, West of Ireland
276200, European Association of Agricultural Economists.
- Boysen-Urban, Kirsten & Boysen, Ole & Matthews, Alan & Brockmeier, Martina, 2018. "EU Common Agricultural Policy Post-2020: Exploring the Effects of Safety-Net Policy Instruments," Conference papers 332991, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Femenia, Fabienne, 2010. "Impacts of Stockholding Behaviour on Agricultural Market Volatility: A Dynamic Computable General Equilibrium Approach," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 59(3).
- Ole Boysen & Kirsten Boysen‐Urban & Alan Matthews, 2023. "Stabilizing European Union farm incomes in the era of climate change," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 45(3), pages 1634-1658, September.
- Thomas W. Hertel & Jeffrey J. Reimer, 2006.
"Predicting the Poverty Impacts of Trade Reform,"
QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 2, May.
- Thomas Hertel & Jeffrey Reimer, 2005. "Predicting the poverty impacts of trade reform," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 14(4), pages 377-405.
- Hertel, Thomas W. & Reimer, Jeffrey J., 2004. "Predicting the poverty impacts of trade reform," Policy Research Working Paper Series 3444, The World Bank.
- Femenia, Fabienne, 2010. "Impacts of Stockholding Behaviour on Agricultural Market Volatility: A Dynamic Computable General Equilibrium Approach," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 59(03), pages 1-15, September.
- Artavia, Marco & Grethe, Harald & Zimmermann, Georg, 2015. "Stochastic market modeling with Gaussian Quadratures: Do rotations of Stroud's octahedron matter?," Economic Modelling, Elsevier, vol. 45(C), pages 155-168.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Mario Holzner, 2004.
"GSIM Measurement of the Costs of Protection in Southeast Europe,"
wiiw Balkan Observatory Working Papers
55, The Vienna Institute for International Economic Studies, wiiw.
- Holzner, Mario, 2005. "GSIM Measurement of the Costs of Protection in Southeast Europe," Conference papers 331323, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Christophe Gouel, 2012.
"Agricultural Price Instability: A Survey Of Competing Explanations And Remedies,"
Journal of Economic Surveys, Wiley Blackwell, vol. 26(1), pages 129-156, February.
- Christophe C. Gouel, 2012. "Agricultural price instability: a survey of competing explanations and remedies," Post-Print hal-01001218, HAL.
- Hertel, Thomas W. & Reimer, Jeffrey J. & Valenzuela, Ernesto, 2003. "Incorporating Commodity Stockholding Behavior Into A Short-Run General Equilibrium Model Of The Global Economy," 2003 Annual meeting, July 27-30, Montreal, Canada 22110, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Hertel, Thomas W. & Keeney, Roman & Valenzuela, Ernesto, 2004.
"Global Analysis of Agricultural Trade Liberalization: Assessing Model Validity,"
Conference papers
331270, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Hertel, Thomas W. & Keeney, Roman & Valenzuela, Ernesto, 2004. "Global Analysis Of Agricultural Trade Liberalization: Assessing Model Validity," 2004 Annual meeting, August 1-4, Denver, CO 20199, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Sulamaa, Pekka & Widgrén, Mika, 2005.
"Asian Regionalism versus Global Free Trade: A Simulation Study on Economic Effects,"
Discussion Papers
985, The Research Institute of the Finnish Economy.
- Sulamaa, Pekka & Widgrén, Mika, 2006. "Asian Regionalism Versus Global Free Trade: A Simulation Study on Economic Effects," Conference papers 331531, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Hertel, Thomas, 2013. "Global Applied General Equilibrium Analysis Using the Global Trade Analysis Project Framework," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 815-876, Elsevier.
- Valenzuela, Ernesto & Hertel, Thomas W., 2006. "Poverty Vulnerability and Trade Policy: Are the Likely Impacts Discernable?," 2006 Annual meeting, July 23-26, Long Beach, CA 21397, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Kym Anderson & Ernesto Valenzuela & Lee Ann Jackson, 2008.
"Recent and Prospective Adoption of Genetically Modified Cotton: A Global Computable General Equilibrium Analysis of Economic Impacts,"
Economic Development and Cultural Change, University of Chicago Press, vol. 56(2), pages 265-296, January.
- Anderson, Kym & Valenzuela, Ernesto & Jackson, Lee Ann, 2006. "Recent and prospective adoption of genetically modified cotton : a global computable general equilibrium analysis of economic impacts," Policy Research Working Paper Series 3917, The World Bank.
- Hertel, Thomas & Hummels, David & Ivanic, Maros & Keeney, Roman, 2007.
"How confident can we be of CGE-based assessments of Free Trade Agreements?,"
Economic Modelling, Elsevier, vol. 24(4), pages 611-635, July.
- Hertel, Thomas & David Hummels & Maros Ivanic & Roman Keeney, 2003. "How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?," GTAP Working Papers 1324, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Thomas Hertel & David Hummels & Maros Ivanic & Roman Keeney, 2004. "How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?," NBER Working Papers 10477, National Bureau of Economic Research, Inc.
- Hertel, Thomas & Hummels, David & Ivanic, Maros & Keeney, Roman, 2003. "How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?," Conference papers 331134, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Monika Verma & Thomas W. Hertel & Ernesto Valenzuela, 2011.
"Are The Poverty Effects of Trade Policies Invisible?,"
The World Bank Economic Review, World Bank, vol. 25(2), pages 190-211, May.
- Verma, Monika & Valenzuela, Ernesto & Hertel, Thomas W., 2010. "Are The Poverty Effects of Trade Policies Invisible?," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61793, Agricultural and Applied Economics Association.
- Verma, Monika & Valenzuela, Ernesto & Hertel, Thomas, 2011. "Are the Poverty Effects of Trade Policies Invisible?," Conference papers 332147, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Monika Verma & Thomas Hertel & Ernesto Valenzuela, 2011. "Are the Poverty Effects of Trade Policies Invisible?," School of Economics and Public Policy Working Papers 2011-14, University of Adelaide, School of Economics and Public Policy.
- Verma, Monika & Hertel, Thomas & Valenzuela, Ernesto, 2011. "Are the Poverty Effects of Trade Policies Invisible?," Conference papers 332148, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Donald F. Larson & Julian Lampietti & Christophe Gouel & Carlo Cafiero & John Roberts, 2014.
"Food Security and Storage in the Middle East and North Africa,"
The World Bank Economic Review, World Bank, vol. 28(1), pages 48-73.
- Larson, Donald F. & Lampietti, Julian & Gouel, Christophe & Cafiero, Carlo & Roberts, John, 2012. "Food security and storage in the Middle East and North Africa," Policy Research Working Paper Series 6031, The World Bank.
- Donald F. Larson & Julian Lampietti & Christophe Gouel & Carlo Cafiero & John Roberts, 2014. "Food security and storage in the Middle East and North Africa," Post-Print hal-01186946, HAL.
- Nelson B Villoria & Paul V Preckel, 2017. "Gaussian Quadratures vs. Monte Carlo Experiments for Systematic Sensitivity Analysis of Computable General Equilibrium Model Results," Economics Bulletin, AccessEcon, vol. 37(1), pages 480-487.
- Nelson Benjamin Villoria & Elliot Wamboka Mghenyi, 2017. "The Impacts of India's Food Security Policies on South Asian Wheat and Rice Markets," The World Bank Economic Review, World Bank, vol. 31(3), pages 730-746.
- Eduardo Haddad & Geoffrey Hewings, 2004.
"Transportation Costs, Increasing Returns and Regional Growth: An Interregional CGE Analysis,"
ERSA conference papers
ersa04p461, European Regional Science Association.
- Eduardo A. Haddad & Geoffrey J.D. Hewings, 2004. "Transportation Costs, Increasing Returns and Regional growth: An Interregional CGE Analysis," Working papers - Textos para Discussao do Departamento de Economia da Universidade de Brasilia 315, Departamento de Economia da Universidade de Brasilia.
- Kym Anderson & Ernesto Valenzuela & Lee Ann Jackson, 2007. "Recent and Prospective Adoption of Genetically Modified Cotton: A Global CGE Analysis of Economic Impacts," Centre for International Economic Studies Working Papers 2007-07, University of Adelaide, Centre for International Economic Studies.
- Cristina Cattaneo, 2008.
"The Determinants of Actual Migration and the Role of Wages and Unemployment in Albania: an Empirical Analysis,"
European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 5(1), pages 3-32, June.
- Cattaneo, Cristina, 2004. "The Determinants of Actual Migration and the Role of Wages and Unemployment in Albania: an Empirical Analysis," Conference papers 331187, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Cristina CATTANEO, 2010. "The Determinants of Actual Migration and the Role of Wages and Unemployment in Albania: an Empirical Analysis," EcoMod2004 330600036, EcoMod.
- Cristina Cattaneo, 2006. "The Determinants of Actual Migration and the Role of Wages and Unemployment in Albania: an Empirical Analysis," LIUC Papers in Economics 196, Cattaneo University (LIUC).
- Hertel, Thomas W. & Tyner, Wallace E. & Birur, Dileep K., 2008.
"Biofuels for all? Understanding the Global Impacts of Multinational Mandates,"
Conference papers
331729, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Hertel, Thomas W. & Tyner, Wallace E. & Birur, Dileep K., 2008. "Biofuels for all? Understanding the Global Impacts of Multinational Mandates," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6526, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Hertel, Thomas & Tyner, Wally & Birur, Dileep, 2008. "Biofuels for all? Understanding the Global Impacts of Multinational Mandates," GTAP Working Papers 2809, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Christophe Gouel, 2013.
"Comparing Numerical Methods for Solving the Competitive Storage Model,"
Computational Economics, Springer;Society for Computational Economics, vol. 41(2), pages 267-295, February.
- Christophe Gouel, 2013. "Comparing numerical methods for solving the competitive storage model," Post-Print hal-01136976, HAL.
- Randhir, Timothy O. & Hertel, Thomas W., 2000.
"Trade Liberalization as a Vehicle for Adapting to Global Warming,"
Agricultural and Resource Economics Review, Cambridge University Press, vol. 29(2), pages 159-172, October.
- Randhir, Timothy O. & Hertel, Thomas W., 2000. "Trade Liberalization As A Vehicle For Adapting To Global Warming," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 29(2), pages 1-14, October.
- Hertel, Thomas W. & Timothy O. Randhir, 1999. "Trade Liberalization as a Vehicle for Adapting to Global Warming," GTAP Working Papers 398, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Kornher, Lukas & Kalkuhl, Matthias, 2013.
"Food Price Volatility in Developing Countries and its Determinants,"
Quarterly Journal of International Agriculture, Humboldt-Universitaat zu Berlin, vol. 52(4), pages 1-32, November.
- Kornher, Lukas & Kalkuhl, Matthias, 2013. "Food price volatility in developing countries and its determinants," 53rd Annual Conference, Berlin, Germany, September 25-27, 2013 156132, German Association of Agricultural Economists (GEWISOLA).
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecmode:v:22:y:2005:i:4:p:646-664. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30411 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.