This paper presents a foundation for the project, and serve two purposes, namely: (1) synthesis of literature available for reference by researcherson theories and strands of thinking that attempt to explain the growth of economies for use during the project and to identify common ground,...

This paper is a literature review of economic growth theory. The paper commences with a brief history on economic growth theory, to provide some insight as to the origins of contemporary thinking. The neo-classicaltheory, popular in the 1950s and currently experiencing a revival, is discussed...

This paper outlines the profile and perfomance of a small open regional economy, namely South Australia.

It is an overview of the literature review and lists of specific research topics which are to be expanded during the first calendar year of the present program.

This paper seeks first to quantify the relative importance of the different factors contributing to growth in Australia’s wine industry over the ten years to 1996. This growth accounting exercise uses an economy-wide model for Australia that separately distinguishes nonpremium from premium red...

A multi-sectoral partial equilibrium model of the markets for two types of Australian grapes and wine (premium and non-premium) is developed to study the aggregate returns from different types of research and promotion investments by the industry and their distribution across actors in the...

This study provides an example of applying an AGE model to consider the effects on the wine industry of broader tax reform. The sensitivity of results is considered with respect to the choice of base year for static analysis and an alteration to the long-run capital assumption. Systematic...

Water is increasingly being treated as a tradable commodity. This paper describes our efforts to include water accounts in a multi-regional CGE model. In order to understand the conditions under which water trade might occur, we need to add a number of features to the model and scenarios. These...

The prolonged drought from 2006–07 to 2008–09 in south-eastern Australia presented severe difficulties for dry-land and irrigation farmers in the southern Murray-Darling basin. A dynamic multi-regional computable general equilibrium model (TERMH2O) is used to estimate the economy-wide small...