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...