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The seminal work of Freebairn, Davis and Edwards (FDE, 1982) showed that in a multistage production system, research that reduces production costs at one stage provides benefits to producers at all stages and to consumers. This work assumed a partial equilibrium environment, while producers...
Persistent link: https://www.econbiz.de/10010914823
This paper presents the theoretical and empirical structure of WOOLMOD – a model of the world wool market which treats raw wool and wool products as heterogeneous commodities. The model divides the world wool market into ten geographical regions and production in each region amongst eight...
Persistent link: https://www.econbiz.de/10010920120
We project the economy wide effects of changes in the health of the Australian workforce associated with a reduction in chronic disease prevalence. Our analysis is based on a dynamic, computable general equilibrium model that incorporates a detailed representation of demographic and health...
Persistent link: https://www.econbiz.de/10011208952
We present a model of the world wool market that merges two modelling traditions: the partial-equilibrium commodity-specific approach and the computable-general-equilibrium approach. The model captures the multistage nature of the wool production system, and the heterogeneous nature of raw wool,...
Persistent link: https://www.econbiz.de/10005235327
The Doha round of multilateral trade negotiations commits World Trade Organization (WTO) members to improving market access for both agricultural and nonagricultural goods. Tariff barriers on wool products represent a small but important subset of these negotiations. To inform the debate on the...
Persistent link: https://www.econbiz.de/10005202139
This article outlines the standard neoclassical model (SNM) of the impact of immigration on the incomes of the resident (pre-immigration) population. We augment the SNM to allow for foreign ownership of and government equity in the capital stock. Using the expanded model, the sensitivity of...
Persistent link: https://www.econbiz.de/10005157033
We analyse the global economic effects of two influenza pandemics that represent extremes along the virulence-infectiousness continuum of possible pandemics: a high virulence-low infectiousness event and a low virulence-high infectiousness event. We do this by applying results from a...
Persistent link: https://www.econbiz.de/10009318035
Persistent link: https://www.econbiz.de/10008170429
Persistent link: https://www.econbiz.de/10007604302
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