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This is Chapter 3 of my PhD thesis Understanding the World Wool Market: Trade, Productivity and Grower Incomes, UWA, 2006. The full thesis is available as Discussion Papers 06.19 to 06.24. The purpose of this chapter is twofold: first, to present the theoretical structure of the model to be...
Persistent link: https://www.econbiz.de/10005730813
This is Chapter 4 of my PhD thesis Understanding the World Wool Market: Trade, Productivity and Grower Incomes, UWA, 2006. The full thesis is available as Discussion Papers 06.19 to 06.24. This chapter has three broad aims: (i) to describe the sources and methods used to construct the WOOLGEM...
Persistent link: https://www.econbiz.de/10005730818
This paper presents the theoretical and empirical structure of WOOLMOD – a model of the world wool market which treats raw wool and wool products as heterogeneous commodities. The model divides the world wool market into ten geographical regions and production in each region amongst eight...
Persistent link: https://www.econbiz.de/10005730858
This is Chapter 5 of my PhD thesis Understanding the World Wool Market: Trade, Productivity and Grower Incomes, UWA, 2006. The full thesis is available as Discussion Papers 06.19 to 06.24. Here we apply WOOLGEM (the model outlined in Chapter 4) to analyse the effects of on- and off-farm research...
Persistent link: https://www.econbiz.de/10005730895
We present a model of the world wool market that merges two modelling traditions: the partialequilibrium commodity-specific approach and the computable general-equilibrium approach. The model captures the multistage nature of the wool production system, and the heterogeneous nature of raw wool,...
Persistent link: https://www.econbiz.de/10008539810
The seminal work of Freebairn, Davis and Edwards (FDE, 1982) showed that in a multistage production system, research that reduces production costs at one stage provides benefits to producers at all stages and to consumers. This work assumed a partial equilibrium environment, while producers...
Persistent link: https://www.econbiz.de/10005515589
The Doha ministerial declaration commits industrialised countries to liberalising access for least-developed countries (LDCs) to their markets. Preferential trade policies have diverse impacts on the initiating country and its trading partners. These effects are of concern to scholars and policy...
Persistent link: https://www.econbiz.de/10005515593
Substitution elasticities in policy-oriented computable general equilibrium (CGE) models are key parameters for model results since they determine behaviour in these models. As Dawkins et al. (2001) observe, the current situation with regard to the elasticities available for use in these models...
Persistent link: https://www.econbiz.de/10005515595
This is Chapters 6 & 7 of my PhD thesis Understanding the World Wool Market: Trade, Productivity and Grower Incomes, UWA, 2006. The full thesis is available as Discussion Papers 06.19 to 06.24. The WOOLGEM model is applied to estimate the distortionary effects on prices, output, trade and...
Persistent link: https://www.econbiz.de/10005549266
This is Chapter 2 of my PhD thesis Understanding the World Wool Market: Trade, Productivity and Grower Incomes, UWA, 2006. In this chapter we present the tools used to construct the theoretical structure of the model presented in Chapter 3. The theory of the model is highly nonlinear but is...
Persistent link: https://www.econbiz.de/10005549269