The Distributional Effects of the Hilmer Reforms on the Australian Gas Industry

George Verikios and Xiao-guang Zhang

Centre of Policy Studies/IMPACT Centre Working Papers from Victoria University, Centre of Policy Studies/IMPACT Centre

Abstract: We analyse changes in the Australian gas industry during 1990s that were driven by the Hilmer Reforms. We estimate the direct and indirect effects on household income of these gas industry changes by combining a computable general equilibrium model with a microsimulation model in a two-stage simulation procedure. The changes lead to minor effects on household income in all regions due to the unimportance of the gas industry at that time. Some regions benefit from the changes and some lose. Income inequality is only slightly affected by the changes.

Keywords: computable general equilibrium; gas; household income distribution; microeconomic reform; microsimulation (search for similar items in EconPapers)
JEL-codes: C68 C69 D31 L94 (search for similar items in EconPapers)
Date: 2011-01
New Economics Papers: this item is included in nep-cmp and nep-ene
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Australian Journal of Agricultural and Resource Economics, vol. 57, iss. 2, 2013, pp. 159-77.

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Related works:
Journal Article: The distributional effects of the Hilmer reforms on the Australian gas industry (2013)
Journal Article: The distributional effects of the Hilmer reforms on the Australian gas industry (2013)
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