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| Clements, Kenneth W.; Qiang, Ye. |
| Henri Theil devoted a good deal of the last two decades of his professional activities to the analysis of international consumption patterns. This paper commences with a review of Theil’s path-breaking research on cross-country demand, and then investigates in some detail two important issues: (i) the extent to which differences in incomes and prices explain international consumption pattern; and (ii) new empirical evidence regarding the extent to which tastes are similar internationally. The paper also contains an evaluation of another important building block of Theil’s work in this area, that of the assumption of preference independence, whereby there are no interactions between goods in the utility function. |
| Tipo: Journal Article |
Palavras-chave: Cross-country demand; Preference independence; System-wide approach. |
| Ano: 2003 |
URL: http://purl.umn.edu/43272 |
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| Qiang, Ye. |
| Western Australia has experienced an investment surge in the minerals sector of the economy in recent years. Unlike previous surges, this one involves a large proportion of mineral‐processing projects. In this study, the differential effects on the WA economy of 25 mining and 10 mineral‐processing projects are analysed using an economy‐wide model of WA. The results indicate that: (i) both the mining and mineral‐processing projects will have substantial flow‐on benefits to the WA economy as a whole; (ii) on an A$1‐million‐invested basis, mineral processing has larger flow‐on effects on employment and generates more export revenue than does mining once the projects are operational. |
| Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 1999 |
URL: http://purl.umn.edu/117148 |
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