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Does it Matter Whether Market Distortions are Evaluated Using Comparative-statics or Dynamics?

Mavromatis, Peter G.; Verikios, George - Centre of Policy Studies and Impact Project (COPS), … - 2008

We analyse the welfare outcomes of market distortions using a general-equilibrium model of a small, open economy that … phenomena are captured in a dynamic framework, market distortions can generate welfare effects that contradict those generated … the size of welfare effects. Our results suggest that market distortions should be evaluated in a dynamic framework that …

Persistent link: https://www.econbiz.de/10005001209

Climate Change Mitigation, Economic Growth and the Distribution of Income

Meagher, G.A.; Adams, P.D.; Pang, Felicity - Centre of Policy Studies and Impact Project (COPS), … - 2014

In October 2008, the Australian Government released a major report: Australia's Low Pollution Future: The Economics of Climate Change Mitigation. In that report, various scenarios are used to explore the potential economic effects of climate mitigation policy in Australia. One of the scenarios,...

Persistent link: https://www.econbiz.de/10010907908

Climate change mitigation and employment growth

Meagher, G.A.; Wilson, R.A.; Dixon, J.M. - Centre of Policy Studies and Impact Project (COPS), … - 2014

Reducing greenhouse gas emissions without reducing economic growth requires advances in technology (which reduce the emissions intensity of industrial production) and/or policy measures to promote structural change (which shift the composition of production in favour of less polluting...

Persistent link: https://www.econbiz.de/10010907909

Interfacing a CGE Labour Market Model with the E3ME Multi-Sector Macroeconomic Model

Meagher, G.A.; Pang, Felicity; Wilson, R.A. - Centre of Policy Studies and Impact Project (COPS), … - 2014

In recent years, a series of European labour market forecasts have been produced on behalf of, and have been published by, the European Centre for the Development of Vocational Training (CEDEFOP). These forecasts were generated using a modular modelling approach containing two major components:...

Persistent link: https://www.econbiz.de/10010907910

Quantifying "Dog Days"

Giesecke, J.A.; Dixon, J.M.; Dixon, P.B.; Rimmer, M.T. - Centre of Policy Studies and Impact Project (COPS), … - 2014

In his recent book "Dog Days", Garnaut (2013) argues that the Australian economy faces significant economic challenges, with a risk that just as the investment phase of the mining boom ends, Australia will be entering an economic environment characterised by declining terms of trade, a rising...

Persistent link: https://www.econbiz.de/10010907911

Emerging Structural Pressures in European Labour Markets

Meagher, G.A.; Wilson, R.A.; Yerushalmi, E. - Centre of Policy Studies and Impact Project (COPS), … - 2014

In recent years, a series of European labour market forecasts have been produced on behalf of, and have been published by, the European Centre for the Development of Vocational Training (Cedefop). These forecasts were generated using a modular modelling approach containing two major components,...

Persistent link: https://www.econbiz.de/10010907912

The TERM model and its data base

Horridge, Mark - Centre of Policy Studies and Impact Project (COPS), … - 2011

TERM (The Enormous Regional Model) provides a strategy for creating a "bottom-up" multi-regional CGE model which treats each region of a single country as a separate economy. This makes it a useful tool for examining the regional impacts of shocks that may be region-specific. TERM is designed to...

Persistent link: https://www.econbiz.de/10009318037

MMRF: Monash Multi-Regional Forecasting Model: A Dynamic Multi-Regional Model of the Australian Economy

Adams, Philip; Dixon, Janine; Giesecke, James; … - Centre of Policy Studies and Impact Project (COPS), … - 2010

MMRF is a dynamic CGE model of Australia's six State and two Territory economies. MMRF is used extensively in contract research. Several features of MMRF make it an ideal tool for policy analysis, including: dynamics, a highly disaggregated regional and sectoral database, a national labour...

Persistent link: https://www.econbiz.de/10009318038

Endogenous land use and supply, and food security in Brazil

Ferreira-Filho, Joaquim; Horridge, Mark - Centre of Policy Studies and Impact Project (COPS), … - 2012

Agriculture area and production has expanded greatly in Brazil during the last 40 years. The area of annual crops almost doubled, while the area planted for pastures and forestry tripled. However, the rate of deforestation has considerably reduced since 2004. In this paper we analyze the effect...

Persistent link: https://www.econbiz.de/10010757128

Will an Appreciation of the Renminbi Rebalance the Global Economy? A Dynamic Financial CGE Analysis

Xiao, Jingliang; Wittwer, Glyn - Centre of Policy Studies and Impact Project (COPS), … - 2009

We use a dynamic CGE model of China with a financial module and sectoral detail to examine the real and nominal impacts of a nominal exchange rate appreciation alone, fiscal policy alone and a combined fiscal and monetary package to redress China's external imbalance. The exchange rate policy...

Persistent link: https://www.econbiz.de/10008457957