MMRF-GREEN: A Dynamic, Multi-Sectoral, Multi-Regional Model of Australia
Philip Adams (),
Mark Horridge () and
Brian R. Parmenter
Centre of Policy Studies/IMPACT Centre Working Papers from Victoria University, Centre of Policy Studies/IMPACT Centre
This paper presents an overview of the Monash Multi-Regional Forecasting-Green (MMRF-Green) model. MMRF-Green is a multi-regional, multi-sectoral model of the Australian economy. It is founded on the MMR model. MMR is a comparative-static model. MMRF-Green, in contrast, is a dynamic model; capable of producing sequences of annual solutions connected by dynamic relationships. MMRF-Green also includes enhanced capabilities for environmental analysis, and a regional disaggregation facility that allows results for the eight states/territories to be disaggregated down to 57 sub-state regions.
Keywords: multiregional; CGE; environmental; dynamics (search for similar items in EconPapers)
JEL-codes: C68 R10 R13 (search for similar items in EconPapers)
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