A general equilibrium model is used in an assessment of different proposals for the establishment in Australia of a high-technology city (an MFP). Our approach emphasizes the roles of prices and of economy-wide constraints. The results indicate that the welfare effects of the MFP depend...

This study analyses the impacts of the Goods and Services Tax (GST) introduced on 1 July 2000, and the associated wine tax reform, on both the premium and non-premium segments of the grape and wine industry using a computable general equilibrium (CGE) model of the Australian economy. Through...