Showing 1 - 10 of 18
This paper 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, four back-of-the-envelope...
Persistent link: https://www.econbiz.de/10004968035
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
We analyse structural changes in the Australian ports and rail freight industries during 1990s that were driven by microeconomic reform. We estimate the direct and indirect effects on household income groups of these industry changes by applying a computable general equilibrium model...
Persistent link: https://www.econbiz.de/10010737014
The Australian telecommunications sector experienced substantial structural change during the 1990s, change that increased productivity and reduced costs. At this time, telecommunications was already an important item of household expenditure and input to production. We estimate the effect of...
Persistent link: https://www.econbiz.de/10010740169
Computable general equilibrium modelling in Australia is oriented towards providing inputs to the policy-formation process, a process that requires detail. We explain how the necessary level of detail can be provided using analysis of the potential economic impacts of a carbon price on the...
Persistent link: https://www.econbiz.de/10010773876
Australian urban transport industries experienced substantial reform during the 1990s leading to significant structural change. Urban transport is typically an important expenditure item for households and structural change in these services may affect households differently depending on their...
Persistent link: https://www.econbiz.de/10010877237
Heat intolerance is a significant medical problem affecting people with Multiple Sclerosis. For people with MS, the costs of running their air conditioners are an additional disease-related expense that must be met on top of other out-of-pocket disease-related expenses. Using the results of the...
Persistent link: https://www.econbiz.de/10004963325
Taking a commonly-used and commonly-available trade policy model as our starting point, we examine the long-run effects of large-scale structural change with and without international capital accumulation, mobility and ownership. We demonstrate the relative merits and limitations of different...
Persistent link: https://www.econbiz.de/10004965135
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...
Persistent link: https://www.econbiz.de/10005001208
We analyse the welfare outcomes of market distortions using a general-equilibrium model of a small, open economy that captures the trade-theoretic continuum from specific factors to Heckscher-Ohlin. We show the importance of two intrinsically dynamic phenomena on evaluating market distortions:...
Persistent link: https://www.econbiz.de/10005001209