Showing 1 - 10 of 87
simulation, baseline forecasting and the testing of baselines against reality. This work demonstrates that CGE models can produce …
Persistent link: https://www.econbiz.de/10014025272
MONASH models are descended from Johansen's 1960 model of Norway. The first MONASH model was ORANI, used in Australia's tariff debate of the 1970s. Johansen's influence combined with institutional arrangements in their development gave MONASH models distinctive characteristics, facilitating a...
Persistent link: https://www.econbiz.de/10014025289
simulation, baseline forecasting and the testing of baselines against reality. This work demonstrates that CGE models can produce …
Persistent link: https://www.econbiz.de/10010719526
MONASH models are descended from Johansen's 1960 model of Norway. The first MONASH model was ORANI, used in Australia's tariff debate of the 1970s. Johansen's influence combined with institutional arrangements in their development gave MONASH models distinctive characteristics, facilitating a...
Persistent link: https://www.econbiz.de/10010719540
This paper describes the regional extension of USAGE-ITC, a 500-order dynamic CGE model of the US that we are developing in collaboration with the International Trade Commission. With the regional extension, USAGE-ITC can project the effects on employment and output by state of policy and other...
Persistent link: https://www.econbiz.de/10004968022
USAGE is a 500 industry dynamic computable general equilibrium model of the US economy being developed at Monash University in collaboration with the US International Trade Commission. In common with the MONASH model of Australia, USAGE is designed for four modes of analysis: Historical, where...
Persistent link: https://www.econbiz.de/10004968034
The main ideas in this paper are: (a) that CGE models can be used in forecasting; and (b) that forecasts matter for policy analysis. We demonstrate these ideas by describing an application of MONASH, a dynamic CGE model of Australia, to the Australian motor vehicle industry over the period 1987...
Persistent link: https://www.econbiz.de/10005031641
In computable general equilibrium (CGE) modeling there are two broad approaches to generating regional results: bottoms-up and tops-down. We describe both, providing illustrative examples from our experience in Australia. We then describe USAGE, a 500-order dynamic CGE model of the US that we...
Persistent link: https://www.econbiz.de/10005031642
Many studies have found that the economic benefits from investment in urban infrastructure are substantial. In Australia, much of the responsibility for the provision of urban infrastructure rests with regional governments. Throughout the1990's many of these governments embarked on a program of...
Persistent link: https://www.econbiz.de/10005031656
public real consumption of about 3 per cent. This and other results of the MONASH simulation are explained with the help of a …
Persistent link: https://www.econbiz.de/10005032958