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MMRF-GREEN: A Dynamic, Multi-Sectoral, Multi-Regional Model of Australia

Author

Listed:
  • Philip D. Adams
  • J. Mark Horridge
  • Brian R. Parmenter

Abstract

This paper presents an overview of the Monash Multi-Regional Forecasting-Green (MMRF-Green) model. MMRF-Green is a multi-regional, multi-sectoral model of the Australian economy. It is founded on the MMR model. MMR is a comparative-static model. MMRF-Green, in contrast, is a dynamic model; capable of producing sequences of annual solutions connected by dynamic relationships. MMRF-Green also includes enhanced capabilities for environmental analysis, and a regional disaggregation facility that allows results for the eight states/territories to be disaggregated down to 57 sub-state regions.

Suggested Citation

  • Philip D. Adams & J. Mark Horridge & Brian R. Parmenter, 2000. "MMRF-GREEN: A Dynamic, Multi-Sectoral, Multi-Regional Model of Australia," Centre of Policy Studies/IMPACT Centre Working Papers op-94, Victoria University, Centre of Policy Studies/IMPACT Centre.
  • Handle: RePEc:cop:wpaper:op-94
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    References listed on IDEAS

    as
    1. Harrison, W Jill & Pearson, K R, 1996. "Computing Solutions for Large General Equilibrium Models Using GEMPACK," Computational Economics, Springer;Society for Computational Economics, vol. 9(2), pages 83-127, May.
    2. Pearson, K. R., 1988. "Automating the computation of solutions of large economic models," Economic Modelling, Elsevier, vol. 5(4), pages 385-395, October.
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    Citations

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    Cited by:

    1. Edson Paulo Domingues & Kênia Barreiro de Souza, 2012. "The Welfare Impacts of Changes in the Brazilian Domestic Work Market," Working Papers 96, International Policy Centre for Inclusive Growth.
    2. Arief Yusuf & Budy Resosudarmo, 2015. "On the distributional impact of a carbon tax in developing countries: the case of Indonesia," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 17(1), pages 131-156, January.
    3. Arief Anshory Yusuf & Arief Ramayandi, 2008. "Reducing fuel subsidy or taxing carbon? Comparing the two instruments from the economy, environment, and equity perspective for Indonesia," Working Papers in Economics and Development Studies (WoPEDS) 200808, Department of Economics, Padjadjaran University, revised Oct 2008.
    4. repec:taf:rjapxx:v:21:y:2016:i:4:p:549-570 is not listed on IDEAS
    5. Plassmann, Florenz & Feltenstein, Andrew, 2016. "How large do multi-region models need to be?," Journal of Policy Modeling, Elsevier, vol. 38(1), pages 138-155.
    6. Glyn Wittwer & Mark Horridge, 2010. "Bringing Regional Detail to a CGE Model using Census Data," Spatial Economic Analysis, Taylor & Francis Journals, vol. 5(2), pages 229-255.
    7. George Verikios & Xiao-guang Zhang, 2016. "Structural change and income distribution: the case of Australian telecommunications," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 21(4), pages 549-570, October.
    8. Verikios, George & Zhang, Xiao-guang, 2015. "Reform of Australian urban transport: A CGE-microsimulation analysis of the effects on income distribution," Economic Modelling, Elsevier, vol. 44(C), pages 7-17.
    9. Jill Harrison & Glyn Wittwer, 2003. "RunMONASH: Automating A Dynamic, Recursive CGE Model," Centre of Policy Studies/IMPACT Centre Working Papers c14, Victoria University, Centre of Policy Studies/IMPACT Centre.
    10. Sam Meng, 2014. "How may a carbon tax transform Australian electricity industry? A CGE analysis," Applied Economics, Taylor & Francis Journals, vol. 46(8), pages 796-812, March.
    11. Arief Anshory Yusuf & Budy P. Resosudarmo, 2007. "On the Distributional Effect of Carbon Tax in Developing Countries: The Case of Indonesia," Working Papers in Economics and Development Studies (WoPEDS) 200705, Department of Economics, Padjadjaran University, revised Aug 2007.
    12. Guilhoto, Joaquim José Martins & Hasegawa, Marcos & Lopes, Ricardo Luis, 2002. "A estrutura teórica do modelo inter-regional para a economia brasileira - MIBRA
      [The theoretical structure of inter regional model for the Brazilian economy - MIBRA]
      ," MPRA Paper 54019, University Library of Munich, Germany.
    13. Sam Meng & Mahinda Siriwardana & Judith McNeill, 2013. "The Environmental and Economic Impact of the Carbon Tax in Australia," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(3), pages 313-332, March.
    14. Masoud Yahoo & Jamal Othman, 2017. "Carbon and energy taxation for CO2 mitigation: a CGE model of the Malaysia," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 19(1), pages 239-262, February.
    15. Aline Souza Magalhaes & Terciane Carvalho, 2018. "Policies For Reduction Of Greenhouse Gases Emission And Their Costs And Opportunities For The Brazilian Industry," Anais do XLIV Encontro Nacional de Economia [Proceedings of the 44th Brazilian Economics Meeting] 183, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    16. Verikios, George & Patron, Jodie & Gharibnavaz, Reza, 2017. "Decomposing the Marginal Excess Burden of Australia’s Goods and Services Tax," MPRA Paper 77850, University Library of Munich, Germany.
    17. Wells, Graeme, 2010. "Economic Assessment of the Gunns Pulp Mill 2004 - 2008," Working Papers 10445, University of Tasmania, Tasmanian School of Business and Economics, revised 29 Nov 2010.
    18. Peter Dixon & John Madden & Maureen Rimmer, 2010. "Linking National and Multi-regional Computable General Equilibrium (CGE) Models: The Effects of an Increase in Award Wage Rates in Australia," Regional Studies, Taylor & Francis Journals, vol. 44(10), pages 1369-1385.

    More about this item

    Keywords

    multiregional; CGE; environmental; dynamics;

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies

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