The economic implications for Australia of replacing its carbon tax policy with an Emissions Reduction Fund (ERF) scheme are examined. A computable general equilibrium model is used to show that the budget allocated for the ERF is about 50 per cent of that required to meet Australia's greenhouse...

An alternative diagrammatic mechanism is developed to illustrate the effect of output price changes on input prices, particularly the return to labour, in a two-good, three-factor specific factor model.

We use a Computable General Equilibrium model to empirically examine the Double Dividend (DD) hypothesis. Using the GTAP model data for Australia, we examine three environmental taxes on the production of energy goods. Following Bento and Jacobsen (2007), we examine the role played by specific...

We solve for Australia’s optimal export tax on wool using a computable general equilibrium model - an aggregated version of the Monash Model. A key aspect of the analysis is the way in which we model short-run and long-run compara- tive statics. As opposed to varying the Armington elasticity...

The main purpose of this study is to provide some microeconomic tools for the calibration of a computable general equilibrium (CGE) model for Iran. For decades, CGE models have increasingly been used to study the economic and social consequences of government policy schemes and the distribution...