The SALTER model of the world economy: model structure, database and parameters

Preface

Acknowledgements

Wilfred Edward Graham Salter

1   The SALTER model structure 
1.1   Regions and commodities 
1.2   The economic structure of the SALTER model 
1.3   Solving the linear system of equations 
1.4   Economic environments

2   The benchmark data set 
2.1   Construction of the database 
2.2   Relative sizes and characteristics of modelled regions 
2.3   Industry assistance data

3   Parameter settings 
3.1   Elasticities of substitution among primary factors 
3.2   Trade elasticities in the SALTER model 
3.3   Consumer demand parameters 
3.4   The elasticity of labour supply

Appendix A   The theoretical specification of the SALTER model

Appendix B   Consumer demand and trade elasticities

References