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GDP Consistency in GTAP 8

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Abstract

From time to time, members of the GTAP network compare GTAP data with official statistics from national and international sources. This has recently been done for the GDP statistics in GTAP, v.8 (Wang et al., 2013), suggesting that there were significant discrepancies between GTAP statistics and official statistics. The purpose of this memorandum is to explain the reason for these apparent discrepancies and to demonstrate that the GTAP v.8 GDP statistics are indeed consistent with international macroeconomic source data.

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  • Aguiar, Angel, 2013. "GDP Consistency in GTAP 8," GTAP Research Memoranda 4290, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    • Handle: RePEc:gta:resmem:4290
    Note: GTAP Research Memorandum No. 25
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    File URL: https://www.gtap.agecon.purdue.edu/resources/res_display.asp?RecordID=4290
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    1. Angel Aguiar & Badri Narayanan & Robert McDougall, 2016. "An Overview of the GTAP 9 Data Base," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 1(1), pages 181-208, June.

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