کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
10479253 931560 2005 24 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The impact of the 2002-2003 drought on Australia
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
The impact of the 2002-2003 drought on Australia
چکیده انگلیسی
TERM (The Enormous Regional Model) is a “bottom-up” CGE model of Australia which treats each region as a separate economy. TERM was created specifically to deal with highly disaggregated regional data while providing a quick solution to simulations. This makes it a useful tool for examining the regional impacts of shocks that may be region-specific. We include some details of how we prepared the TERM database, using a national input-output table, together with regional data showing output (for agriculture) and employment (in other sectors) for each of 144 sectors and 57 regions (the Australian statistical divisions). Using a 38-sector, 45-region aggregation of the model, we simulate the short-run effects of the Australian drought of 2002-2003, which was the most widespread for 20 years. The effects on some statistical divisions are extreme, with income losses of up to 20%. Despite the relatively small share of agriculture in Australian GDP, the drought reduces GDP by 1.6%, and contributes to a decline in unemployment and to a worsening of the balance of trade.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Policy Modeling - Volume 27, Issue 3, April 2005, Pages 285-308
نویسندگان
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