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GTAP Resource #2274

"Trade Policy in Australia and the Development of Computable General Equilibrium Modeling"
by Dixon, Peter

This paper explains why evidence-based trade policy decision making is heavily reliant on results generated by CGE models and why the development and application of these modeling has been particularly active in Australia.
The paper provides a short history of CGE modeling and describes the impetus to the field provided by two factors: (a) the failures of less theoretically formal approaches; and (b) the recognition of the ability of CGE modeling to handle policy-relevant detail.
The paper argues that CGE modeling flourished in Australia because Australia had the right issue, the right institutions and the right model.

Resource Details (Export Citation) GTAP Keywords
Category: 2007 Conference Paper
Status: Published
By/In: Presented at the 10th Annual Conference on Global Economic Analysis, Purdue University, USA; Journal of Economic Integration Vol. 23. No. 3
Date: 2007
Created: Dixon, P. (3/11/2007)
Updated: Dixon, P. (3/11/2007)
Visits: 3,852
- Oceania

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