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| Vincent, David P.; Dixon, Peter B.; Parmenter, B.R.; Sams, D.C.. |
| The rise in the domestic price of oil products implied by the new import parity pricing policy for domestic crude oil is likely to pose some problems for macroeconomic management. In this paper an attempt has been made to quantify the short-run adjustment problems involved, using the ORANI 78 model of the Australian economy. Results are presented for a range of variables of interest, including macroeconomic variables, industrial and workforce composition and farm incomes. With fixed real wages, farm incomes are projected to decline by between 6 and 8 per cent. |
| Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 1979 |
URL: http://purl.umn.edu/22804 |
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| Meagher, G.A.; Parmenter, B.R.; Rimmer, R.J.; Clements, Kenneth W.. |
| In this paper the construction and application of ORANI-WINE is described. This is a special-purpose version of ORANI specifically designed for analysing policy questions bearing upon the alcoholic beverages sector of the Australian economy and on associated agricultural activities, especially viticulture. Details of the modifications made to ORANI are provided, and projections from ORANI-WINE of the effects of the imposition of a specific tax on domestically produced wine, equivalent to that on beer and malt in the base period, are reported. The approximately 58 per cent increase in the purchasers' price of wine induces a 16 per cent reduction in wine output, a two per cent increase in spirit production, but little effect on beer and malt output. Grape... |
| Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy; Crop Production/Industries. |
| Ano: 1985 |
URL: http://purl.umn.edu/12490 |
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| Parmenter, B.R.. |
| A method proposed by Clements and Sjaastad for measuring the effect of manufacturing protection on farmers' incomes is shown to be theoretically unsound, to use some inappropriate assumptions and to lead to overestimation. Even if corrected, the method seems inferior to estimating directly via ORANI the change in farm incomes which would occur when protection levels change. This is because the model contains detailed theoretical explanations of the price and quantity changes which determine changes in the relevant incomes and is calibrated using extensive empirical evidence about the behaviour of the prices and quantities in the Australian economy. Using ORANI and incorporating recently completed improvements to its agricultural data base, it is estimated... |
| Tipo: Journal Article |
Palavras-chave: Research Methods/ Statistical Methods. |
| Ano: 1986 |
URL: http://purl.umn.edu/22904 |
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