The authors construct a dynamic model of the Australian economy that has a regional subsection representing Western Australia. Within the Western Australia subeconomy, there is a separate technology for the gold mining industry. The authors implement the model and simulate a 2.5 percent tax on gold exports. The outcome shows no fiscal improvement at the national level, although the Western Australian budget improves slightly. Real income falls both nationally and in Western Australia as the trade balance deteriorates, and an increased real interest rate causes investment to fall. The authors conclude that the taxation of gold exports leads to few measurable benefits. Copyright 1997 by The Economic Society of Australia.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Publisher Info
Article provided by The Economic Society of Australia in its journal The Economic Record.
Volume (Year): 73 (1997) Issue (Month): 223 (December) Pages: 305-13 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF