Analysing a hypothetical Pierce's disease outbreak in South Australia using a dynamic CGE approach
Glyn Wittwer,
Simon McKirdy and
Ryan Wilson
Centre of Policy Studies/IMPACT Centre Working Papers from Victoria University, Centre of Policy Studies/IMPACT Centre
Abstract:
A dynamic computable general equilibrium model provides a tool for analysing the regional economic consequences of a hypothetical plant pest incursion. The model is very detailed at the industry and regional level. It includes a theory of regional labour market adjustment. In our example, a hypothetical Pierce's disease incursion, direct regional economic losses are magnified by consequent depressed investment in downstream wine processing sectors. Following elimination of the disease, it takes a number of years for the region to recover fully.
Keywords: plant disease; CGE modeling (search for similar items in EconPapers)
JEL-codes: C68 Q11 (search for similar items in EconPapers)
Date: 2006-09
New Economics Papers: this item is included in nep-cmp
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:cop:wpaper:g-162
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