IDEAS home Printed from https://ideas.repec.org/a/eee/ecanpo/v20y1990i1p55-71.html
   My bibliography  Save this article

Multi-Period Disaggregated Economic Modelling: Do we need it? Can we do it?

Author

Listed:
  • Dixon, P.B.

    (University of Melbourne, Melbourne, VIC)

Abstract

The main disaggregated model of the Australian economy is ORANI. This paper briefly reviews ORANI applications since the mid 1970s. It then draws attention to the treatment in ORANI of time. Because ORANI is a one-period model, it provides an inadequate treatment of variables depending on forward-looking expectations. Nor is it an effective framework for handling embodied technological change, dated capital stocks and indivisibilities. It is argued that it is now both feasible and important to build a multi-period, disaggregated model for use in Australia in the 1990s and beyond.

Suggested Citation

  • Dixon, P.B., 1990. "Multi-Period Disaggregated Economic Modelling: Do we need it? Can we do it?," Economic Analysis and Policy, Elsevier, vol. 20(1), pages 55-71.
  • Handle: RePEc:eee:ecanpo:v:20:y:1990:i:1:p:55-71
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0313592690500041
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecanpo:v:20:y:1990:i:1:p:55-71. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/economic-analysis-and-policy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.