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We construct a dynamic, computable general equilibrium model of the Australian economy that incorporates a detailed representation of demographic and health trends of the labour force. We project the economywide effects of changes in the health status of the workforce associated with a change in...
Persistent link: https://www.econbiz.de/10010736999
CHINAGEM is a MONASH-style dynamic Computable General Equilibrium model of China. This document provides an overview of CHINAGEM database and equation structure. We aim to provide CHINAGEM users with a practical guide. This document has five sections. Section 1 is the introduction. In Section 2...
Persistent link: https://www.econbiz.de/10010737001
This 1976 paper discusses a multi-input, multi-output production function for modelling Australian agriculture within the ORANI model. Literature is surveyed, and a theoretical approach outlined. A CRESH-CRETH production function is proposed, and equations derived. Theory and data are described,...
Persistent link: https://www.econbiz.de/10010737009
The Second Agricultural Survey in China revealed that during 2006 about 130 million rural workers spent more than a month working outside the township of their residence. Most of these migrant workers engaged in industrial and services activities. They have played an increasingly important role...
Persistent link: https://www.econbiz.de/10010737015
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Simulations with dynamic, single country, CGE models typically imply that reductions in domestic demand, e.g. a cut in investment, generate increases in exports and reductions in imports facilitated by real depreciation. However, currently in the U.S. a large reduction in investment is occurring...
Persistent link: https://www.econbiz.de/10010573394
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Validity is a key issue for consumers of computable general equilibrium (CGE) modeling services. What assurance can producers of CGE results give to consumers that a CGE analysis: (i) is computationally sound, (ii) uses accurate up-to-date data, (iii) adequately captures behavioral and...
Persistent link: https://www.econbiz.de/10010719526
MONASH models are descended from Johansen's 1960 model of Norway. The first MONASH model was ORANI, used in Australia's tariff debate of the 1970s. Johansen's influence combined with institutional arrangements in their development gave MONASH models distinctive characteristics, facilitating a...
Persistent link: https://www.econbiz.de/10010719540