The Reppe carbonylation of acetylene has been investigated by both static a
nd dynamic density functional methods. Structures of all intermediates and
transition states involved in each step of the catalytic cycle have been de
termined using gradient-corrected exchange-correlation potentials. Dynamic
simulations have been performed on the migrative insertion of CO into the m
etal-vinyl bond after CO coordination by the metal and show that the insert
ion is preceded by a Berry pseudorotation of the initial pentacoordinated r
eagent and occurs via a simultaneous detachment of the vinyl group from the
metal and formation of the vinyl-carbonyl bond. The overall thermodynamics
and kinetics for the full catalytic cycle have been evaluated and have sho
wn that the Reppe carbonylation of acetylene is a thermodynamically favored
and kinetically easy process.