IDEAS home Printed from https://ideas.repec.org/p/ags/aare07/10433.html
   My bibliography  Save this paper

CGE modelling of the resources boom in Indonesia and Australia using TERM

Author

Listed:
  • Wittwer, Glyn
  • Horridge, Mark

Abstract

The sharp increase in Australia's terms of trade since 2003-04 has dramatic regional and sectoral implications. Mining-intensive regions have gained from the jump in export prices. Import-competing sectors have faced greater competition both from falling import prices and due to rising demand for domestic factors from the mining sectors. The drought of 2006 will widen the gap between winning and losing regions. In Indonesia, even if we assume that the oil extraction sector is facing resource depletion, a long-run terms-of-trade improvement may result in aggregate consumption increasing should real GDP fall relative to the base case. The TERM framework is highly suitable for modelling Brazil and China, each with around 30 regions.

Suggested Citation

  • Wittwer, Glyn & Horridge, Mark, 2007. "CGE modelling of the resources boom in Indonesia and Australia using TERM," 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand 10433, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare07:10433
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/10433
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Francois J. Stofberg & Jan H. van Heerden, 2015. "The Short Term Economic Impact of Levying E-Tolls on Industries," Working Papers 201527, University of Pretoria, Department of Economics.

    More about this item

    Keywords

    Resource /Energy Economics and Policy;

    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:ags:aare07:10433. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/aaresea.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.