This paper examines the current national accounts measure of real output for three major service industries in Australia. It finds that real output measures for government administration services; defence services; and property and business services are unsatisfactory. Alternative estimates are...

In this paper the macro and structural implications of three alternative tariff-reduction strategies are examined. Under the first strategy, which is similar to that adopted in Australia in 1973, the tariff cut is implemented without warning. The second strategy is consistent with the current...

Estimating the price responsiveness of market shares during a period of structural transition requires a distinction to be made between responses to variables explicitly recognized in the model and those due to more general changes in the trading environment. Often the latter are minimally...

This paper attempts to estimate the change in total factor productivity (TFP) in total education services provided in Australia, between 1986/87 and 1993/94. A simple model is developed and calibrated using Australian data. TFP is estimated to have fallen by between 16 and 26 per cent depending...

This paper examines the current national accounts measure of real output for five major service industries in Australia. It finds that real output measures for insurance services; banking services; non-bank financial services; and education services are unsatisfactory. Alternative estimates...

In a recent report, the Organisation for Economic Cooperation and Development has argued that certain key developments, including globalisation, population ageing and the diffusion of information technologies, are causing a shift in the demand for labour in modern advanced economies. Demand is...

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...

The model of endogenous economic growth developed by Paul Romer (1990a) is briefly reviewed and modified by substituting a Solow type consumption function in place of the utility maximising behaviour of consumers. The dynamic system and steady-state growth path of this Solow-Romer model are then...

This paper presents the theoretical specification of the MONASH-MRF model. MONASH-MRF is a multiregional multisectoral model of the Australian economy. Included is a complete documentation of the model's equations, variables and coefficients. The documentation is designed to allow the reader to...

The application of compositional data analysis methods in economics has some attraction. In particular, this methodology ensures that the stochastic component of budget share models will satisfy the restriction of shares to the unit simplex. The methodology relies upon the use of log-ratios in...