LINKAGE Technical Reference Document

摘要: This paper provides the complete specification of LINKAGE Model. The latest version model is based on Version 6.0 GTAP dataset and has been used most recently to assess global free trade in context a future round multilateral negotiations (see World Bank's Global Economic Prospects 2002 2004). Model dynamic computable general equilibrium (CGE) with 2001 base year. In its standard version, it neo-classical both factor goods market clearing. It features three production archetypes—crops, livestock, other—, full range tax instruments, price markups, multiple labor skills, vintage capital, energy as an input combined capital. Trade modeled using nested Armington transformation structures determine bilateral flows. Tariffs are fully captures international transportation costs—both direct indirect (using iceberg costs). also implements tariff rate quotas (TRQs). A recursive framework drive dynamics, savings-led investment productivity. incorporates adjustment costs capital markets trade- responsive endogenous core divided into five sections—an introduction, overview, detailed description each block model, discussion accounting underlying model.