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Evidence-based Trade Policy Decision Making in Australia and the Development of Computable General Equilibrium Modelling Author info | Abstract | Publisher info | Download info | Related research | Statistics Peter B. Dixon
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This paper explains why evidence-based trade policy decision making is heavily reliant on results generated by CGE models and why the development and application of these modelling has been particularly active in Australia. The paper provides a short history of CGE modelling and describes the impetus to the field provided by two factors: (a) the failures of less theoretically formal approaches; and (b) the recognition of the ability of CGE modelling to handle policy-relevant detail. The paper argues that CGE modelling flourished in Australia because Australia had the right issue, the right institutions and the right model.
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Paper provided by Monash University, Centre of Policy Studies/IMPACT Centre in its series Centre of Policy Studies/IMPACT Centre Working Papers with number
g-163.
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Date of creation: Oct 2006Date of revision:
Handle: RePEc:cop:wpaper:g-163Contact details of provider: Postal: 11th Floor, Menzies Building, Wellington Road, Clayton, Victoria, 3168 Phone: 03 9905 2398 Fax: 03 9905 2426 Web page: http://www.monash.edu.au/policy/index.htm More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Mark Horridge).
Keywords: Trade policy CGE modeling Other versions of this item:
Find related papers by JEL classification: C68 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Computable General Equilibrium Models A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
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