Spatial dimension - GEM-E3 - Revision history

Leonidas Paroussos at 15:32, 21 October 2016

2016-10-21T15:32:17Z

← Older revision		Revision as of 17:32, 21 October 2016
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	The GEM-E3 model is a multi-regional model representing 38 countries/regions and 31 sectors of production. EU countries are represented individually in the GEM-E3 (Table 1). The countries/regions are linked through endogenous bilateral trade flows. Total demand is allocated between domestic products and imported products, following the Armington specification. In this specification, branches and sectors use a composite commodity which combines domestically produced and imported goods, which are considered as imperfect substitutes (Armington assumption). Each country buys and imports at the prices set by the supplying countries following their export supply behaviour. The buyer of the composite good (domestic) seeks to minimise his total cost and decides the mix of imported and domestic products so that the marginal rate of substitution equals the ratio of domestic to imported product prices. The GEM-E3 model requires detailed bilateral trade matrices for all regions and commodities included in the model. GTAP database provides such matrices together with bilateral duties and transportation costs. For countries that are not identified separately in GTAP the UN Comtrade database is used in order to extract the relevant data.		The GEM-E3 model is a multi-regional model representing 38 countries/regions and 31 sectors of production. EU countries are represented individually in the GEM-E3 (Table 1). The countries/regions are linked through endogenous bilateral trade flows. Total demand is allocated between domestic products and imported products, following the Armington specification. In this specification, branches and sectors use a composite commodity which combines domestically produced and imported goods, which are considered as imperfect substitutes (Armington assumption). Each country buys and imports at the prices set by the supplying countries following their export supply behaviour. The buyer of the composite good (domestic) seeks to minimise his total cost and decides the mix of imported and domestic products so that the marginal rate of substitution equals the ratio of domestic to imported product prices. The GEM-E3 model requires detailed bilateral trade matrices for all regions and commodities included in the model. GTAP database provides such matrices together with bilateral duties and transportation costs. For countries that are not identified separately in GTAP the UN Comtrade database is used in order to extract the relevant data.

	~~Technical progress is explicitly represented in the GEM-E3 (exogenously or endogenously, depending on R&D expenditure) and takes into account spillovers effects.~~


	Table 1: Countries/regions represented in the GEM-E3 model		Table 1: Countries/regions represented in the GEM-E3 model

Leonidas Paroussos at 13:29, 21 October 2016

2016-10-21T13:29:37Z

← Older revision		Revision as of 15:29, 21 October 2016
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	Technical progress is explicitly represented in the GEM-E3 (exogenously or endogenously, depending on R&D expenditure) and takes into account spillovers effects.		Technical progress is explicitly represented in the GEM-E3 (exogenously or endogenously, depending on R&D expenditure) and takes into account spillovers effects.


	Table 1: Countries/regions represented in the GEM-E3 model		Table 1: Countries/regions represented in the GEM-E3 model

Leonidas Paroussos at 09:42, 21 October 2016

2016-10-21T09:42:02Z

← Older revision		Revision as of 11:42, 21 October 2016
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	\|DocumentationCategory=Spatial dimension		\|DocumentationCategory=Spatial dimension
	}}		}}
	The GEM-E3 model is a multi-regional model representing 38 countries/regions and 31 sectors of production. EU countries are represented individually in the GEM-E3 (Table 1.1). The countries/regions are linked through endogenous bilateral trade flows. Total demand is allocated between domestic products and imported products, following the Armington specification. In this specification, branches and sectors use a composite commodity which combines domestically produced and imported goods, which are considered as imperfect substitutes (Armington assumption). Each country buys and imports at the prices set by the supplying countries following their export supply behaviour. The buyer of the composite good (domestic) seeks to minimise his total cost and decides the mix of imported and domestic products so that the marginal rate of substitution equals the ratio of domestic to imported product prices. The GEM-E3 model requires detailed bilateral trade matrices for all regions and commodities included in the model. GTAP database provides such matrices together with bilateral duties and transportation costs. For countries that are not identified separately in GTAP the UN Comtrade database is used in order to extract the relevant data.		The GEM-E3 model is a multi-regional model representing 38 countries/regions and 31 sectors of production. EU countries are represented individually in the GEM-E3 (Table 1). The countries/regions are linked through endogenous bilateral trade flows. Total demand is allocated between domestic products and imported products, following the Armington specification. In this specification, branches and sectors use a composite commodity which combines domestically produced and imported goods, which are considered as imperfect substitutes (Armington assumption). Each country buys and imports at the prices set by the supplying countries following their export supply behaviour. The buyer of the composite good (domestic) seeks to minimise his total cost and decides the mix of imported and domestic products so that the marginal rate of substitution equals the ratio of domestic to imported product prices. The GEM-E3 model requires detailed bilateral trade matrices for all regions and commodities included in the model. GTAP database provides such matrices together with bilateral duties and transportation costs. For countries that are not identified separately in GTAP the UN Comtrade database is used in order to extract the relevant data.

	Technical progress is explicitly represented in the GEM-E3 (exogenously or endogenously, depending on R&D expenditure) and takes into account spillovers effects.		Technical progress is explicitly represented in the GEM-E3 (exogenously or endogenously, depending on R&D expenditure) and takes into account spillovers effects.

Leonidas Paroussos at 09:41, 21 October 2016

2016-10-21T09:41:32Z

← Older revision		Revision as of 11:41, 21 October 2016
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	Technical progress is explicitly represented in the GEM-E3 (exogenously or endogenously, depending on R&D expenditure) and takes into account spillovers effects.		Technical progress is explicitly represented in the GEM-E3 (exogenously or endogenously, depending on R&D expenditure) and takes into account spillovers effects.

	Table 1.1: Countries/regions represented in the GEM-E3 model		Table 1: Countries/regions represented in the GEM-E3 model
	{\| class="wikitable"		{\| class="wikitable"
	\|width="25%"\|Austria		\|width="25%"\|Austria

Leonidas Paroussos at 11:04, 17 October 2016

2016-10-17T11:04:57Z

← Older revision		Revision as of 13:04, 17 October 2016
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	The GEM-E3 model is a multi-regional model representing 38 countries/regions and 31 sectors of production. EU countries are represented individually in the GEM-E3 (Table 1.1). The countries/regions are linked through endogenous bilateral trade flows. Total demand is allocated between domestic products and imported products, following the Armington specification. In this specification, branches and sectors use a composite commodity which combines domestically produced and imported goods, which are considered as imperfect substitutes (Armington assumption). Each country buys and imports at the prices set by the supplying countries following their export supply behaviour. The buyer of the composite good (domestic) seeks to minimise his total cost and decides the mix of imported and domestic products so that the marginal rate of substitution equals the ratio of domestic to imported product prices. The GEM-E3 model requires detailed bilateral trade matrices for all regions and commodities included in the model. GTAP database provides such matrices together with bilateral duties and transportation costs. For countries that are not identified separately in GTAP the UN Comtrade database is used in order to extract the relevant data.		The GEM-E3 model is a multi-regional model representing 38 countries/regions and 31 sectors of production. EU countries are represented individually in the GEM-E3 (Table 1.1). The countries/regions are linked through endogenous bilateral trade flows. Total demand is allocated between domestic products and imported products, following the Armington specification. In this specification, branches and sectors use a composite commodity which combines domestically produced and imported goods, which are considered as imperfect substitutes (Armington assumption). Each country buys and imports at the prices set by the supplying countries following their export supply behaviour. The buyer of the composite good (domestic) seeks to minimise his total cost and decides the mix of imported and domestic products so that the marginal rate of substitution equals the ratio of domestic to imported product prices. The GEM-E3 model requires detailed bilateral trade matrices for all regions and commodities included in the model. GTAP database provides such matrices together with bilateral duties and transportation costs. For countries that are not identified separately in GTAP the UN Comtrade database is used in order to extract the relevant data.

	~~Technology~~ progress is explicitly represented in the GEM-E3 (exogenously or endogenously, depending on R&D expenditure) and takes into account spillovers effects.		Technical progress is explicitly represented in the GEM-E3 (exogenously or endogenously, depending on R&D expenditure) and takes into account spillovers effects.

	Table 1.1: Countries/regions represented in the GEM-E3 model		Table 1.1: Countries/regions represented in the GEM-E3 model

Leonidas Paroussos at 11:02, 17 October 2016

2016-10-17T11:02:56Z

← Older revision		Revision as of 13:02, 17 October 2016
Line 6:		Line 6:
	The GEM-E3 model is a multi-regional model representing 38 countries/regions and 31 sectors of production. EU countries are represented individually in the GEM-E3 (Table 1.1). The countries/regions are linked through endogenous bilateral trade flows. Total demand is allocated between domestic products and imported products, following the Armington specification. In this specification, branches and sectors use a composite commodity which combines domestically produced and imported goods, which are considered as imperfect substitutes (Armington assumption). Each country buys and imports at the prices set by the supplying countries following their export supply behaviour. The buyer of the composite good (domestic) seeks to minimise his total cost and decides the mix of imported and domestic products so that the marginal rate of substitution equals the ratio of domestic to imported product prices. The GEM-E3 model requires detailed bilateral trade matrices for all regions and commodities included in the model. GTAP database provides such matrices together with bilateral duties and transportation costs. For countries that are not identified separately in GTAP the UN Comtrade database is used in order to extract the relevant data.		The GEM-E3 model is a multi-regional model representing 38 countries/regions and 31 sectors of production. EU countries are represented individually in the GEM-E3 (Table 1.1). The countries/regions are linked through endogenous bilateral trade flows. Total demand is allocated between domestic products and imported products, following the Armington specification. In this specification, branches and sectors use a composite commodity which combines domestically produced and imported goods, which are considered as imperfect substitutes (Armington assumption). Each country buys and imports at the prices set by the supplying countries following their export supply behaviour. The buyer of the composite good (domestic) seeks to minimise his total cost and decides the mix of imported and domestic products so that the marginal rate of substitution equals the ratio of domestic to imported product prices. The GEM-E3 model requires detailed bilateral trade matrices for all regions and commodities included in the model. GTAP database provides such matrices together with bilateral duties and transportation costs. For countries that are not identified separately in GTAP the UN Comtrade database is used in order to extract the relevant data.

	Technology progress is explicitly represented in the GEM-E3 (exogenously or endogenously, depending on R&~~amp;~~D expenditure) and takes into account spillovers effects.		Technology progress is explicitly represented in the GEM-E3 (exogenously or endogenously, depending on R&D expenditure) and takes into account spillovers effects.

	~~Table1.1: Countries/regions represented in the GEM-E3 model~~

			Table 1.1: Countries/regions represented in the GEM-E3 model
	{\| class="wikitable"		{\| class="wikitable"
	\|width="25%"\|Austria		\|width="25%"\|Austria
Line 39:		Line 38:
	\|Ireland		\|Ireland
	\|Slovenia		\|Slovenia
	\|Russian ~~federation~~		\|Russian Federation
	\|-		\|-
	\|Germany		\|Germany

Rineke Oostenrijk: 1 revision imported

2016-08-17T09:24:21Z

1 revision imported

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Revision as of 11:24, 17 August 2016

Rineke Oostenrijk at 09:16, 16 August 2016

2016-08-16T09:16:16Z

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{{ModelDocumentationTemplate
|IsDocumentationOf=GEM-E3
|IsEmpty=No
|DocumentationCategory=Spatial dimension
}}
The GEM-E3 model is a multi-regional model representing 38 countries/regions and 31 sectors of production. EU countries are represented individually in the GEM-E3 (Table 1.1). The countries/regions are linked through endogenous bilateral trade flows. Total demand is allocated between domestic products and imported products, following the Armington specification. In this specification, branches and sectors use a composite commodity which combines domestically produced and imported goods, which are considered as imperfect substitutes (Armington assumption). Each country buys and imports at the prices set by the supplying countries following their export supply behaviour. The buyer of the composite good (domestic) seeks to minimise his total cost and decides the mix of imported and domestic products so that the marginal rate of substitution equals the ratio of domestic to imported product prices. The GEM-E3 model requires detailed bilateral trade matrices for all regions and commodities included in the model. GTAP database provides such matrices together with bilateral duties and transportation costs. For countries that are not identified separately in GTAP the UN Comtrade database is used in order to extract the relevant data.

Technology progress is explicitly represented in the GEM-E3 (exogenously or endogenously, depending on R&D expenditure) and takes into account spillovers effects.

Table1.1: Countries/regions represented in the GEM-E3 model

{| class="wikitable"
|width="25%"|Austria
|width="25%"|Finland
|width="25%"|Malta
|width="25%"|Canada
|-
|Belgium
|France
|Netherlands
|Brazil
|-
|Bulgaria
|United Kingdom
|Poland
|China
|-
|Croatia
|Greece
|Portugal
|India
|-
|Cyprus
|Hungary
|Slovakia
|Oceania
|-
|Czech Republic
|Ireland
|Slovenia
|Russian federation
|-
|Germany
|Italy
|Sweden
|Rest of Annex I
|-
|Denmark
|Lithuania
|Romania
|Rest of the World
|-
|Spain
|Luxembourg
|USA
|
|-
|Estonia
|Latvia
|Japan
|
|}