Trade ABM model schematic
Trade ABM
A modular, scalable agent-based model of international trade in which heterogeneous labourer agents across n countries and m sectors make labour, investment, and consumption decisions that drive endogenous production, prices, trade flows, and tariffs — extending Heckscher-Ohlin and New Trade Theory frameworks. The model is empirically calibrated against EORA26 MRIO trade data (USA, China, Mexico) using Nevergrad optimisation to match observed bilateral trade matrices.
Python NumPy pandas SciPy NetworkX Nevergrad Matplotlib Jupyter