EconPapers    
Economics at your fingertips  
 

CGE modelling of the resources boom in Indonesia and Australia using TERM

Glyn Wittwer and Mark Horridge ()

No 10433, 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand from Australian Agricultural and Resource Economics Society

Abstract: The sharp increase in Australia's terms of trade since 2003-04 has dramatic regional and sectoral implications. Mining-intensive regions have gained from the jump in export prices. Import-competing sectors have faced greater competition both from falling import prices and due to rising demand for domestic factors from the mining sectors. The drought of 2006 will widen the gap between winning and losing regions. In Indonesia, even if we assume that the oil extraction sector is facing resource depletion, a long-run terms-of-trade improvement may result in aggregate consumption increasing should real GDP fall relative to the base case. The TERM framework is highly suitable for modelling Brazil and China, each with around 30 regions.

Keywords: Resource /Energy Economics and Policy (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://purl.umn.edu/10433 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aare07:10433

Access Statistics for this paper

More papers in 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand from Australian Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2018-04-06
Handle: RePEc:ags:aare07:10433