The Distributional Effects of the Hilmer Reforms on the Australian Gas Industry
AbstractWe 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.
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Bibliographic InfoPaper provided by Victoria University, Centre of Policy Studies/IMPACT Centre in its series Centre of Policy Studies/IMPACT Centre Working Papers with number g-213.
Date of creation: Jan 2011
Date of revision:
Publication status: Published in Australian Journal of Agricultural and Resource Economics, vol. 57, iss. 2, 2013, pp. 159-77.
computable general equilibrium; gas; household income distribution; microeconomic reform; microsimulation;
Other versions of this item:
- George Verikios & Xiao-guang Zhang, 2013. "The distributional effects of the Hilmer reforms on the Australian gas industry," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, Australian Agricultural and Resource Economics Society, vol. 57(2), pages 159-177, 04.
- C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
- C69 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Other
- L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-04-09 (All new papers)
- NEP-CMP-2011-04-09 (Computational Economics)
- NEP-ENE-2011-04-09 (Energy Economics)
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- 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.
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