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MMRF-GREEN: A Dynamic Multi-Regional Applied General Equilibrium Model of the Australian Economy, Based on the MMR and MONASH Models

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  • Philip D. Adams
  • Mark Horridge
  • Glyn Wittwer

Abstract

This is a guide to the variable dimension version of MMRF-GREEN, a dynamic multi-regional, fiscal model of the economy of Australia. We first detail the multi-regional core of the model. Then we introduce dynamics to the model. A section on the fiscal extension of the model follows. A subsequent section details enhancements designed to improve the model's capability for environmental analysis.

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Bibliographic Info

Paper provided by Victoria University, Centre of Policy Studies/IMPACT Centre in its series Centre of Policy Studies/IMPACT Centre Working Papers with number g-140.

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Date of creation: Oct 2003
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Handle: RePEc:cop:wpaper:g-140

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References

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  1. W. Jill Harrison & K.R. Pearson, 1994. "Computing Solutions for Large General Equilibrium Models Using GEMPACK," Centre of Policy Studies/IMPACT Centre Working Papers, Victoria University, Centre of Policy Studies/IMPACT Centre ip-64, Victoria University, Centre of Policy Studies/IMPACT Centre.
  2. Mark Horridge, 2000. "ORANI-G: A General Equilibrium Model of the Australian Economy," Centre of Policy Studies/IMPACT Centre Working Papers, Victoria University, Centre of Policy Studies/IMPACT Centre op-93, Victoria University, Centre of Policy Studies/IMPACT Centre.
  3. Paul S. Armington, 1970. "Adjustment of Trade Balances: Some Experiments with a Model of Trade among Many Countries (Ajustement de la balance commerciale: quelques expériences avec un modèle d'échanges internationaux)," IMF Staff Papers, Palgrave Macmillan, Palgrave Macmillan, vol. 17(3), pages 488-526, November.
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Cited by:
  1. Mark Horridge & John Madden & Glyn Wittwer, 2003. "Using a highly disaggregated multi-regional single-country model to analyse the impacts of the 2002-03 drought on Australia," Centre of Policy Studies/IMPACT Centre Working Papers, Victoria University, Centre of Policy Studies/IMPACT Centre g-141, Victoria University, Centre of Policy Studies/IMPACT Centre.
  2. Gervasio Ferreira Dos Santos & Eduardo A. Haddad & Geoffrey J. D. Hewings, 2011. "Energy Policy And Regional Inequalitiesin The Brasilian Economy," Anais do XXXVIII Encontro Nacional de Economia [Proceedings of the 38th Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of 091, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
  3. Wittwer, Glyn & McKirdy, Simon & Wilson, Ryan, 2005. "Regional economic impacts of a plant disease incursion using a general equilibrium approach," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, Australian Agricultural and Resource Economics Society, vol. 49(1), March.
  4. Ye, Qiang, 2008. "Commodity booms and their impacts on the Western Australian economy: The iron ore case," Resources Policy, Elsevier, Elsevier, vol. 33(2), pages 83-101, June.
  5. Mark Horridge, 2011. "The TERM model and its data base," Centre of Policy Studies/IMPACT Centre Working Papers, Victoria University, Centre of Policy Studies/IMPACT Centre g-219, Victoria University, Centre of Policy Studies/IMPACT Centre.
  6. Hielke Buddelmeyer & Nicolas Hérault & Guyonne Kalb & Mark van Zijll de Jong, 2009. "Linking a Dynamic CGE Model and a Microsimulation Model: Climate Change Mitigation Policies and Income Distribution in Australia," Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne wp2009n03, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
  7. Maheshwar Rao & Robert Tanton & Yogi Vidyattama, 2013. "‘A Systems Approach to Analyse the Impacts of Water Policy Reform in the Murray-Darling Basin: a conceptual and an analytical framework’," NATSEM Working Paper Series, University of Canberra, National Centre for Social and Economic Modelling 13/22, University of Canberra, National Centre for Social and Economic Modelling.
  8. Hielke Buddelmeyer & Nicolas Hérault & Guyonne Kalb & Mark van Zijll de Jong, 2012. "Linking a Microsimulation Model to a Dynamic CGE Model: Climate Change Mitigation Policies and Income Distribution in Australia," International Journal of Microsimulation, Interational Microsimulation Association, Interational Microsimulation Association, vol. 5(2), pages 40-58.
  9. Briones, Roehlano M., 2009. "Impact Assessment of National and Regional Policies Using the Philippine Regional General Equilibrium Model (PRGEM)," Discussion Papers, Philippine Institute for Development Studies DP 2009-03, Philippine Institute for Development Studies.
  10. Domingues, Edson Paulo & Haddad, Eduardo Amaral & Perobelli, Fernando Salgueiro & Almeida, Eduardo Simões de & Guilhoto, José Martins Guilhoto & Kanczuk, Fabio, 2010. "Impactos econômicos das mudanças climáticas no Brasil
    [Economic impacts of climate change in Brazil]
    ," MPRA Paper, University Library of Munich, Germany 30697, University Library of Munich, Germany.
  11. Horridge, Mark & Wittwer, Glyn, 2008. "SinoTERM, a multi-regional CGE model of China," China Economic Review, Elsevier, Elsevier, vol. 19(4), pages 628-634, December.
  12. Wittwer, Glyn, 2006. "Modelling future urban and rural water requirements in a CGE framework," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia, Australian Agricultural and Resource Economics Society 139928, Australian Agricultural and Resource Economics Society.
  13. Mark Horridge & Glyn Wittwer, 2006. "The Impacts of Higher Energy Prices on Indonesia’s and West Java’s Economies using INDOTERM, a Multiregional Model of Indonesia," Working Papers in Economics and Development Studies (WoPEDS), Department of Economics, Padjadjaran University 200607, Department of Economics, Padjadjaran University, revised Aug 2006.
  14. Glyn Wittwer & Simon McKirdy & Ryan Wilson, 2003. "Analysing the Economic Impacts of a Plant Disease Incursion Using a General Equilibrium Approach," Centre of Policy Studies/IMPACT Centre Working Papers, Victoria University, Centre of Policy Studies/IMPACT Centre op-97, Victoria University, Centre of Policy Studies/IMPACT Centre.
  15. Roehlano M. Briones, 2009. "Impact Assessment of National and Regional Policies Using the Philippine Regional General Equilibrium Model," Development Economics Working Papers, East Asian Bureau of Economic Research 22617, East Asian Bureau of Economic Research.
  16. Horridge, Mark & Madden, John & Wittwer, Glyn, 2005. "The impact of the 2002-2003 drought on Australia," Journal of Policy Modeling, Elsevier, Elsevier, vol. 27(3), pages 285-308, April.
  17. Qiang Ye, 2006. "Commodity Booms and Their Impacts on the Western Australian Economy: The Iron Ore Case," Economics Discussion / Working Papers, The University of Western Australia, Department of Economics 06-18, The University of Western Australia, Department of Economics.

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