Worldscan; a model for international economic policy analysis

WorldScan is a recursively dynamic general equilibrium model for the world economy, developed for the analysis of long-term issues in international economics. The model is used both as a tool to construct long-term scenarios and as an instrument for policy impact assessments, e.g. in the fields of climate change, economic integration and trade. In general, with each application WorldScan is also adapted. This publication brings the model changes together, explains the model's current structure and illustrates the model's usage with some applications.

[1]  P. Lane,et al.  Long-Term Capital Movements , 2001, NBER Macroeconomics Annual.

[2]  Roman Keeney,et al.  How Confident Can We Be in Cge-Based Assessments of Free Trade Agreements? , 2004 .

[3]  R. Wilkinson,et al.  Economics and Consumer Behaviour , 1981 .

[4]  A. Lejour.  Quantifying four scenarios for Europe , 2003 .

[5]  M. Nadiri,et al.  Innovations and Technological Spillovers , 1993 .

[6]  Y. Kaya.  Impact of carbon dioxide emission control on GNP growth : Interpretation of proposed scenarios , 1989 .

[7]  International R&D Spillovers: An Application of Estimation and Inference in Panel Cointegration , 1999 .

[8]  Claudia Kemfert,et al.  An Integrated Assessment Model of Economy-Energy-Climate - The Model Wiagem , 2002 .

[9]  J. Francois,et al.  Trade Liberalization in the Doha Development Round , 2005 .

[10]  Zvi Griliches,et al.  R&D, Education, and Productivity: A Retrospective , 2001 .

[11]  Elhanan Helpman,et al.  R&D Spillovers and Global Growth , 1996, SSRN Electronic Journal.

[12]  William J. Baumol,et al.  The theory of environmental policy: Preface to the second edition , 1988 .

[13]  Tamim A. Bayoumi,et al.  Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assessment , 2004, SSRN Electronic Journal.

[14]  A. H. Hallett,et al.  Scanning the future: A long term scenario study of the world economy 1990-2015: Central Planning Bureau, 1992, (Sdu Publishers, The Hague), 246 pp., ISBN 9039902046 , 1993 .

[15]  H. Theil,et al.  International evidence on consumption patterns , 1989 .

[16]  U. Ebert.  CONSUMER'S SURPLUS: SIMPLE SOLUTIONS TO AN OLD PROBLEM , 1995 .

[17]  CHINA'S WTO ACCESSION AND IMPLICATIONS FOR ITS REGIONAL ECONOMIES , 2002 .

[18]  Robert McDougall,et al.  Global trade, assistance, and production : The GTAP 5 Data Base , 2002 .

[19]  A. Lejour,et al.  Five Lisbon highlights; the economic impact of reaching these targets , 2006 .

[20]  Bas Jacobs,et al.  Sectoral Productivity Growth and R&D Spillovers in the Netherlands , 1999 .

[21]  A. Lejour,et al.  EU Enlargement: Economic Implications for Countries and Industries , 2001, SSRN Electronic Journal.

[22]  A. Bovenberg,et al.  Why is Capital so Immobile Internationally?: Possible Explanations and Implications for Capital Income Taxation , 1994 .

[23]  Paul S. Armington.  A Theory of Demand for Products Distinguished by Place of Production (Une théorie de la demande de produits différenciés d'après leur origine) (Una teoría de la demanda de productos distinguiéndolos según el lugar de producción) , 1969 .

[24]  Arjan Lejour,et al.  Turkish Delight - Does Turkey's Accession to the EU Bring Economic Benefits? , 2004, SSRN Electronic Journal.

[25]  William D. Nordhaus,et al.  The efficient use of energy resources , 1979 .

[26]  R. Nahuis.  One size fits all?: Accession to the internal market; an industry-level assessment of EU enlargement , 2004 .

[27]  K. Derviş,et al.  General equilibrium models for development policy , 1982 .

[28]  E. Canton,et al.  Human Capital, R&D and Competition in Macroeconomic Analysis. ENEPRI Working Paper No. 38, August 2005 , 2005 .

[29]  Wallace E. Oates,et al.  The theory of environmental policy , 1976 .

[30]  Dominique van der Mensbrugghe,et al.  LINKAGE Technical Reference Document , 2005 .

[31]  B. Hoekman,et al.  Protection and Trade in Services: A Survey , 1997 .

[32]  E. Yeldan,et al.  Strategic Policies and Growth: An Applied Model of R&D-Driven Endogenous Growth , 1999 .

[33]  Norman V. Loayza,et al.  What Drives Private Saving Around the World? , 1999 .

[34]  Kenneth S. Rogoff,et al.  Foundations of International Macroeconomics , 1997 .

[35]  A. Börsch-Supan,et al.  Ageing and International Capital Flows , 2002 .

[36]  Mark Funk.  Trade and International R&D Spillovers among OECD Countries , 2001 .

[37]  Kazuo Sato,et al.  Additive Utility Functions with Double-Log Consumer Demand Functions , 1972, Journal of Political Economy.

[38]  Paul A. Hemmersbaugh,et al.  The Shadow of the Future: Discount Rates, Later Generations, and the Environment , 1993 .

[39]  Richard S. Eckaus,et al.  The MIT Emissions Prediction and Policy Analysis (EPPA) model : revisions, sensitivities, and comparisons of results , 2001 .

[40]  Robert McDougall,et al.  A Base Case Scenario for the Dynamic GTAP Model , 2000 .

[41]  C. Capel,et al.  Assessing the economic implications of Turkish accession to the EU , 2004 .

[42]  Serie research memoranda An Empirical Model for Endogenous Technology in the Netherlands , 1992 .

[43]  C. I. Jones,et al.  Measuring the Social Return to R&D , 1997 .

[44]  W. Kets,et al.  Sectoral TFP developments in the OECD , 2003 .

[45]  J. Burniaux.  A Multi-Gas Assessment of the Kyoto Protocol , 2000 .

[46]  R. Nahuis,et al.  EU Accession and the Catching Up of the Central and East European Countries , 2004 .

[47]  A. Dixit,et al.  Monopolistic competition and optimum product diversity , 1977 .

[48]  Peter Broer,et al.  The Equilibrium Rate of Unemployment in the Netherlands , 1999 .

[49]  T. Manders,et al.  Caps and fences in climate change policiesTrade-offs in shaping post-Kyoto , 2005 .

[50]  R. Barro,et al.  International Measures of Schooling Years and Schooling Quality , 1996 .

[51]  R. Dore.  Making sense of globalisation , 2001 .

[52]  Scale Economies and Imperfect Competition in WorldScan , 2006 .

[53]  Bollen Jc,et al.  How much does a 30% emissionreduction cost?Macroeconomic effects of post-Kyoto climate policy in 2020 , 2004 .

[54]  D. Filmer,et al.  Educational Attainment in Developing Countries: New Estimates and Projections Disaggregated by Gender , 1995 .

[55]  A. Powell,et al.  Patterns in Household Demand and Saving , 1977 .

[56]  P. Lane,et al.  The External Wealth of Nations , 1999 .

[57]  Wolfgang Keller,et al.  Trade and the Transmission of Technology , 1997 .

[58]  A. Lejour,et al.  China and the WTO ; the impact on China and the world economy , 2000 .

[59]  David Hummels,et al.  Toward a Geography of Trade Costs , 1999, GTAP Working Paper.

[60]  Stephen J. Redding,et al.  Mapping The Two Faces Of R&D: Productivity Growth In A Panel Of OECD Industries , 2000 .

[61]  Arjan Lejour,et al.  The free movement of services within the EU , 2004 .

[62]  E. Wolff,et al.  Competitiveness, convergence, and international specialization , 1994 .

[63]  P. Krugman.  Increasing Returns and Economic Geography , 1991 .

[64]  P. Wilcoxen,et al.  The Theoretical and Empirical Structure of the G-Cubed Model , 1999 .

[65]  Endogenizing technological progress: The MESEMET Model , 1997 .

[66]  Bruce T. Grimm,et al.  A Satellite Account for Research and Development , 1994 .

[67]  R. Fair,et al.  Effects of the Changing U.S. Age Distribution on Macroeconomic Equations , 1987 .

[68]  J. Bollen,et al.  UvA-DARE ( Digital Academic Repository ) A trade view on climate change policies : a multi-region multi-sector approach , 2009 .

[69]  Sébastien Jean,et al.  MIRAGE, a Computable General Equilibrium Model for Trade Policy Analysis , 2002 .

[70]  R. Nahuis.  Global integration and wages in a general equilibrium world model : Contributions of WorldScan , 1999 .

[71]  D. M. Hutton,et al.  The World in 2020 ‐ Towards a New Global Age , 1998 .

[72]  R&D Spillovers and Growth: Specialization Matters , 2005 .