TERM-H2O, a dynamic, multi-regional model has become a useful tool for analysing water policy issues in the Murray-Darling basin. Available data indicate that farm factor mobility has been an important avenue of adjustment to sharply reduced water availability during drought. The regional...

Infrastructure upgrades appear superficially to be a politically acceptable way of increasing environmental flows in the Murray-Darling Basin. From an economic perspective, their costs and benefits should be compared with other policy instruments. We do so using TERM-H2O, a dynamic regional CGE...

To analyze the effects of prospective policy changes, sectoral and economy-wide modelers need to begin with baseline estimates of policy induced price distortions. Global trade modelers mostly use the Global Trade Analysis Project (GTAP) protection database, which currently relies heavily on...