Showing 101 - 110 of 224
This paper explains why evidence-based trade policy decision making is heavily reliant on results generated by CGE models and why the development and application of these modelling has been particularly active in Australia. The paper provides a short history of CGE modelling and describes the...
Persistent link: https://www.econbiz.de/10005031665
This paper presents an overview of the Monash Multi-Regional Forecasting-Green (MMRF-Green) model. MMRF-Green is a multi-regional, multi-sectoral model of the Australian economy. It is founded on the MMR model. MMR is a comparative-static model. MMRF-Green, in contrast, is a dynamic model;...
Persistent link: https://www.econbiz.de/10005031666
Intertemporal Computable General Equilibrium (CGE) models have the potential to quantify the implications of sectoral and temporal linkages which are often crucial for understanding the effects of economic shocks. However, such models will prove to be of practical use for policy analysis only if...
Persistent link: https://www.econbiz.de/10005031667
In the aftermath of the rational expectations debate and the onslaught of the New Classical economics,some builders of macroeconometric models have begun to change some of their habits, arguably for the better. In particular,neoclassical discipline is increasingly respected in the formulation of...
Persistent link: https://www.econbiz.de/10005031668
Structural change is influenced by many factors, including technological changes and shifts in consumer preferences. These factors have an important impact on economic performance through the reallocation of resources from one economic activity to another. Applying SwissAGE, a general...
Persistent link: https://www.econbiz.de/10005032917
Computable general equilibrium models have been widely applied in analysing the effects of removing tariffs. However, not nearly as much effort has been devoted to their application on investment liberalisation that is increasingly an integral part of trade liberalisation agreements. The...
Persistent link: https://www.econbiz.de/10005032918
The objective of this paper is to measure the scale efficiency of the New Zealand dairy industry and to examine the relationship between farm size and efficiency. Data envelopment analysis (DEA) is applied to a sample of 264 dairy farms. The results suggest that 19 per cent of these farms are...
Persistent link: https://www.econbiz.de/10005032920
Much of the growth in trade among the industrialised countries, and more recently among countries in the Asia-Pacific region, has taken the form of intra-industry trade (IIT). Australia has historically had one of the lowest shares of IIT among OECD countries. This paper examines how Australia's...
Persistent link: https://www.econbiz.de/10005032921
ORANI is an applied general equilibrium (AGE) model of the Australian economy which is widely used by academics and by economists in the government and private sectors. We describe a generic version of the model, ORANI-G, designed both for expository purposes and as a convenient starting-point...
Persistent link: https://www.econbiz.de/10005032922
This paper contributes data about women and part-time employment in Australia. "Part-time" is defined as one or more, but less than thirty-five hours per week. Findings from a survey conducted throughout the City of Waverley, Melbourne (1977) are given against a background of similar data from...
Persistent link: https://www.econbiz.de/10005032923