MONASH, a detailed, dynamic CGE model of Australia,
has been used to analyse many economic policies, including changes in taxes, tariffs,
environmental regulations and competition policy. MONASH simulations also underlie
detailed forecasts of labour market demand and income distribution.
MMRF, a dynamic CGE model of Australia's states and
territories, has been used for a wide range of applications including analyses of
greenhouse issues. MMRF3 is the latest version of the model and has been used recently in
the analysis of the Potential Benefits of the National Reform Agenda.
TERM, a new highly disaggregated model of 57 Australian
sub-state regions, is a useful tool for examining the impacts of shocks that affect
specific regions, e.g., drought.
CoPS has taken its modelling techniques overseas, completing projects in South Africa,
Brazil, Taiwan, Thailand, China and other countries. MONASH-USA, a 500 industry dynamic computable general equilibrium model
of the US economy, is being developed in collaboration with the US International Trade
Commission. A simpler single-country model called ORANI-G has
been created as a pattern on which to base models of other countries.
CoPS modelling relies on the GEMPACK software, developed at
the unit, and used in over 400 other locations in 60 countries.
CoPS runs several training courses in CGE modelling each
year. These courses are aimed at those who need background in CGE modelling to work with
results from CGE models like ORANI-G and MONASH, or who wish to use GEMPACK to
build their own models.
CoPS news
Professor Peter Dixon, Centre of Policy Studies, discussess wage increases in The
Australian, Thursday 2 July 2009 article.
Registration for the dynamic CGE course to be held in Washington D.C. during December
2009 are now being taken. Details and registration for this course are here: 2009 USAGE Course
Dr Glyn Wittwer, Centre of Policy Studies, discusses water trading saying that the
Federal Government is one of the biggest buyers of water. He says if a rural community
can make money from selling water that is a new economic activity. Radio National
interview
Glyn Wittwer gave an interview on the
Victorian Country Hour on ABC radio concerning the Commonwealth's buyback of irrigation
water. This was a follow-up to an article that appeared in the rural newspaper, Stock and
Land. The full paper on buyback modelling (and a separate executive summary) undertaken
by Peter Dixon, Maureen Rimmer and Glyn is downloadable from: (abstract and download)