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N° 2007-15 |
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| October 2007 |
MIRAGE, Updated Version of the Model for Trade Policy Analysis:
Focus on Agriculture and Dynamics |
Yvan Decreux
Hugo Valin |
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| MIRAGE is a multi-region, multi-sector computable general equilibrium model, devoted to
trade policy analysis. It incorporates imperfect competition, horizontal and vertical product
differentiation, and foreign direct investment, in a sequential dynamic set-up where installed
capital is assumed to be immobile. Adjustment inertia is linked to capital stock reallocation.
MIRAGE draws upon a very detailed measure of trade barriers and of their evolution under
given hypotheses, thanks to the MAcMap database. The most recent version, presented
in this document, offers improvements in the modelling of agriculture policy and dynamics. |
Non-technical summary  |
Résumé
non-technique |
| Full text |
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| Computable general equilibrium model; trade policy; agriculture; dynamics; foreign
direct investment; imperfect competition |
Keywords |
| D58; F12; F13; Q17 |
JEL classification |
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