U.S.-Korea Free Trade Agreement: Potential Economy-wide ... - USITC

Updating the GTAP Database
The current version of the GTAP database (release 6.1) covers trade in 56 commodity and
service aggregates, or GTAP sectors, among 92 economies. For the purpose of the present
analysis, the database has been aggregated into ten economies and 54 sectors (table F.1).
Table F.1 GTAP commodity and regional aggregation
Commodities and Services Regions (Economies)
No. Description No. Description
1 Paddy and processed rice 28 Wood products United States
2 Wheat 29 Paper products, publishing Korea
3 Cereal grains n.e.c. 30 Petroleum and coal products Japan
4 Vegetables, fruit, nuts 31 Chemical, rubber, plastic products China
5 Oilseeds 32 Mineral products n.e.c. Chile
6 Sugarcane, sugar beet 33 Ferrous metals Rest of East Asia
7 Plant-based fibers 34 Metals n.e.c. European Union
8 Crops n.e.c. 35 Metal products Canada
9 Bovine cattle, sheep and goats, horses 36 Motor vehicles and parts Mexico
10 Animal products n.e.c. 37 Transport equipment n.e.c. Rest of World
11 Raw milk 38 Electronic equipment
12 Wool 39 Machinery and equipment n.e.c.
13 Forestry 40 Manufactures n.e.c.
14 Fishing 41 Electricity
15 Coal 42 Gas manufacture and distribution
16 Oil and gas 43 Water
17 Minerals n.e.c. 44 Construction
18 Bovine meat products 45 Trade
19 Meat products n.e.c. 46 Transport n.e.c.
20 Vegetable oils and fats 47 Water transport
21 Dairy products 48 Air transport
22 Sugar 49 Communication
23 Food products n.e.c. 50 Financial services n.e.c.
24 Beverages and tobacco products 51 Insurance
25 Textiles 52 Business services n.e.c.
26 Wearing apparel 53 Recreational and other services
27 Leather products 54 Public administration, defense,
education, health
Note: The abbreviation “n.e.c.” stands for “not elsewhere classified.”
F-4