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Plans for APEC trade liberalisation include the elimination of all tariffs between member states. In this paper we use two computable general equilibrium models to examine the effects of these plans, focussing on China. Our modelling shows that liberalisation increases China's capital stock and...
Persistent link: https://www.econbiz.de/10005032961
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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
type="main" xml:id="ecor12117-abs-0001" <p>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...</p>
Persistent link: https://www.econbiz.de/10011033843
This paper presents an overview of the Monash Multi-Regional Forecasting-Green (MMRF-Green) model. MMRF-Green is a multi-regional, multi-sectoral model of the Australian economy. It is founded on the MMR model. MMR is a comparative-static model. MMRF-Green, in contrast, is a dynamic model;...
Persistent link: https://www.econbiz.de/10005031666
A key distinguishing characteristic of computable general equilibrium (CGE) modeling in Australia is its orientation to providing inputs to the policy-formation process. Policy makers require detail. They want to be able to identify convincingly which industries, which occupations, which regions...
Persistent link: https://www.econbiz.de/10010719534
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MONASH-RES combines a top-down regional equation system with the MONASH dynamic model of Australia to produce regional forecasts or policy analysis. Experience indicates that MONASH-RES gives acceptable rankings of regional economic prospects but understates inter-regional differences. We...
Persistent link: https://www.econbiz.de/10005001199
A computable general equilibrium model of the South African economy (IDC-GEM) is outlined. The model is used to analyse the effects on the economy of increases in government spending such as are at the core of the new government's Reconstruction and Development Program. The analysis concentrates...
Persistent link: https://www.econbiz.de/10005001202