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Preparation of 2019 USAGE-TERM and Application of a Dynamic Version to a Foot-and-Mouth Outbreak scenario

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  • Glyn Wittwer

Abstract

The USAGE-TERM database has been updated to 2019. The tasks commences with a dated national CGE database. BEA's supply-use matrices for 2017 provide updates to industry technologies. National accounts data at the national and state level for 2019 provide broad sector targets for updates and regional industry activity shares. International trade data by port for 2019 are used to update international merchandise trade in the database. As in previous USAGE-TERM databases, agricultural census data provides estimates of regional outputs for disaggregated crops and livestock. International data on the location and type of generation of power stations enable a split of electricity into different types of generation. An innovation in this version of USAGE-TERM is a split of a subset of national commodities. The split distinguishes commodities reliant on water transport in the Mississippi Valley and Snake-Columbia river systems from the same commodities reliant on land transport elsewhere.

Suggested Citation

  • Glyn Wittwer, 2024. "Preparation of 2019 USAGE-TERM and Application of a Dynamic Version to a Foot-and-Mouth Outbreak scenario," Centre of Policy Studies/IMPACT Centre Working Papers g-346, Victoria University, Centre of Policy Studies/IMPACT Centre.
    • Handle: RePEc:cop:wpaper:g-346
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    References listed on IDEAS

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    1. Peter B. Dixon & Michael Jerie & Maureen T. Rimmer & Glyn Wittwer, 2017. "Using a regional CGE model for rapid assessments of the economic implications of terrorism events: creating GRAD-ECAT (Generalized, Regional And Dynamic Economic Consequence Analysis Tool)," Centre of Policy Studies/IMPACT Centre Working Papers g-280, Victoria University, Centre of Policy Studies/IMPACT Centre.
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      Keywords

      Regional CGE modelling;

      JEL classification:

      • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
      • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
      • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
      • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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