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Understanding the World Wool Market: Trade, Productivity and Grower Incomes. Part 4: Model Data and Parameters

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  • George Verikios

    (UWA Business School, The University of Western Australia)

Abstract

This is Chapter 4 of my PhD thesis Understanding the World Wool Market: Trade, Productivity and Grower Incomes, UWA, 2006. The full thesis is available as Discussion Papers 06.19 to 06.24. This chapter has three broad aims: (i) to describe the sources and methods used to construct the WOOLGEM database; (ii) to summarise the resulting database to aid in the interpretation of simulation results; and (iii) to describe the sources and rationale underlying the parameters used to calibrate the behavioural equations in the WOOLGEM model.

Suggested Citation

  • George Verikios, 2006. "Understanding the World Wool Market: Trade, Productivity and Grower Incomes. Part 4: Model Data and Parameters," Economics Discussion / Working Papers 06-22, The University of Western Australia, Department of Economics.
    • Handle: RePEc:uwa:wpaper:06-22
    as

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    File URL: https://ecompapers.biz.uwa.edu.au/paper/PDF%20of%20Discussion%20Papers/2006/06_22_Verikios.pdf
    File Function: First version, 2006
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    References listed on IDEAS

    as
    1. Seale, James L., Jr. & Regmi, Anita & Bernstein, Jason, 2003. "International Evidence On Food Consumption Patterns," Technical Bulletins 33580, United States Department of Agriculture, Economic Research Service.
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    3. Duffy, John & Papageorgiou, Chris, 2000. "A Cross-Country Empirical Investigation of the Aggregate Production Function Specification," Journal of Economic Growth, Springer, vol. 5(1), pages 87-120, March.
    4. Tyers, Rod & Anderson, Kym, 1989. "Price elasticities in international food trade: synthetic estimates from a global model," Journal of Policy Modeling, Elsevier, vol. 11(3), pages 315-344.
    5. Kenneth W. Clements & Yihui Lan & Xueyan Zhao, 2005. "The Demand for Vice: Inter-Commodity Interactions with Uncertainty," Economics Discussion / Working Papers 05-30, The University of Western Australia, Department of Economics.
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    Cited by:

    1. George Verikios, 2008. "The costs of global tariff barriers on wool products: 1997–2005," Agricultural Economics, International Association of Agricultural Economists, vol. 39(1), pages 87-101, July.
    2. Verikios, George, 2009. "Modelling the world wool market: A hybrid approach," Economic Modelling, Elsevier, vol. 26(2), pages 418-431, March.

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