This Industry Commission staff information paper by Dr Philippa Dee, was presented at the IFAC Workshop on Computing in Economics and Finance Amsterdam, 8-10 June 1994.

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General Equilibrium Models and Policy Advice in Australia (PDF 852.6 KB)

Preliminaries
Cover, Contents, Abstract

1 The Institutional Setting
1.1 The public inquiry process
1.2 The Commission's policy guidelines
1.3 Applied general equilibrium modelling at the Commission

2 The Applied General Equilibrium Models used for Policy Analysis
2.1 Sectoral linkages and sectoral detail
2.2 Policy instruments
2.3 Macroeconomic closures

3 Policy Messages From General Equilibrium Models
3.1 Analysis of reductions in protection
3.2 Analysis of microeconomic reforms
3.3 Response to recent recession

4 Conclusion

References

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