Prof Philip Adams - Researcher Profile

Philip Adams

Address

Centre of Policy Studies and the Impact Project
Monash University, Clayton

Contact Details

Tel: +61 3 990 55094

Email: Philip.Adams@monash.edu


Biography

Appointed in 2004, Philip is director and professor at the Centre of Policy Studies (CoPS).

 

Philip's main area of expertise is the application of large multi-sectoral and multi-regional economic models for policy analysis and forecasting. Since completing his Ph.D., he has been involved in the implementation of several large models of the Australian economy: a short-run macro model; the Australia-wide MONASH model; and the MMRF dynamic model of Australia’s eight states and Territories. Philip has also been active in developing models overseas, including in Denmark, South Africa, Taiwan, Uganda and Thailand.

Philip has around 60 refereed publications covering topics such as: the prospects for industries, states and regions; the economic effects of import tariffs; the contribution of international tourism; the benefits and costs of major export projects; and the impacts of greenhouse-response policies for Australian regions. His articles have been published in a wide range of journals, including: the Journal of Policy Modelling, the International Journal of Forecasting, the Pacific Economic Review, the World Economy, Applied Economics, Economic Letters, Economic Studies Quarterly, the Asia-Pacific Economic Review and the Economic Record. With Brian Parmenter he is the co-author of a chapter on Environmental modelling in the Handbook on CGE modelling (to be published in 2013 by Elsevier B.V).

Other than administrative responsibilities, Philip’s primary responsibility at CoPS is contract research. He has worked for a wide range of clients, including overseas institutions (e.g., the Danish Institute of Food Economics, the South African Department of Agriculture, the Carnegie Foundation and the Ugandan Ministry of Finance), Australian government departments (e.g., the Federal Treasury, the Department of Climate Change and Energy Efficiency (DCCEE), the Productivity Commission and most state government Treasuries), and private institutions (e.g., Insight Economics, the Allen Consulting group, CRA International, BHP Billiton, Ernst and Young, KPMG and PricewaterhouseCoopers).

Philip’s recent work has focussed on greenhouse issues. Between 2004 and 2011 he has contributed to a wide range of greenhouse-policy discussions in Australia and overseas. He has completed projects for the Garnaut Climate Change Review and the Federal Treasury, assisting them in model development and model-applications to issues associated with climate change, adaptation, and abatement through emissions trading. His October-2007 report for the Climate Institute on the economic implications of forcing large cuts in greenhouse emissions in Australia was reported widely in the Australian Press. Philip also delivered one of the key invited lectures (November 2008) of Monash's 50th Anniversary Public Lecture Series, focussing on the insurance-aspects of an emissions trading scheme. Currently he is working with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) on a project to develop a large scale, detailed Integrated Assessment Model (IAM) covering global and detailed Australian regions.

 

Keywords

Economic modelling, Environmental economics, Climate change issues.

Qualifications

DOCTOR OF PHILOSOPHY
Institution: University of Melbourne
Year awarded: 2005

Publications

Books

Whiteman, J., Adams, P.D., Horridge, M., Parmenter, B.R., 1997, Guide to Growth: Australia's 112 Industies Ranked and Projected, Syntec Economic Services Pty Ltd, Melbourne Vic Australia.

Book Chapters

Mai, Y., Adams, P.D., 2009, Resources sector and foreign investment, in Negotiating a Preferential Trading Agreement: Issues, Constraints and Practical Options, eds Sisira Jayasuriya, Donald MacLaren and Gary Magee, Edward Elgar Publishing, Cheltenham UK, pp. 129-152.

Adams, P.D., Parmenter, B.R., 2000, Forecasting the Australian Economy: The Role of the Monash Model, in Economic Forecasting, Allen & Unwin, Sydney NSW Australia, pp. 116-150.

Adams, P.D., Parmenter, B.R., 1999, General Equilibrium Models, in Valuing Tourism: Methods & Techniques, Bureau of Tourism Research, Canberra ACT Australia, pp. 110-121.

Adams, P.D., Dixon, P.B., Thomas, J.F., 1999, Potential growth in the Australian economy to 2020 with unlimited water availability, in Water and the Australian Economy, Technological Sciences & Engineering, Parkville Vic Australia, pp. 74-93.

Adams, P.D., Dixon, P.B., Thomas, J.F., 1999, Potential growth to 2020-21 subject to water constraints, in Water and the Australian Economy, Technogical sciences & Engineering, Parkville Vic Australia, pp. 94-109.

Journal Articles

Mai, Y., Adams, P., Dixon, P., Menon, J., 2010, The growth locomotive of the People's Republic of China: Macro and terms-of-trade impacts on neighboring countries, Asian Development Review [P], vol 27, issue 2, Asian Development Bank, Philippines, pp. 82-121.

Seymore, R., Adams, P., Mabugu, M., Van Heerden, J., Blignaut, J., 2010, The impact of an environmental tax on electricity generation in South Africa, Journal for Studies in Economics and Econometrics [P], vol 34, issue 2, Universiteit Stellenbosch, South Africa, pp. 1-18.

Adams, P.D., 2007, Insurance against catastrophic climate change: How much will an emissions trading scheme cost Australia?, The Australian Economic Review, vol 40, issue 4, Wiley-Blackwell Publishing Asia, Australia, pp. 432-452.

Adams, P.D., 2005, Interpretation of results from CGE models such as GTAP, Journal of Policy Modeling, vol 27, issue 8, Elsevier Inc., USA, pp. 941-959.

Adams, P.D., 2004, Medium term prespects for the Australian economy and the impact of Kyoto-compliance, Australian Bulletin of Labour, vol 30, issue 1, National Institute of Labour Studies Inc, Adelaide SA Australia, pp. 1-15.

Adams, P.D., Horridge, J.M., Madden, J., Wittwer, G., 2002, Drought, regions and the Australian economy between 2001-02 and 2004-05, Australian Bulletin of Labour, vol 28, issue 4, National Institute of Labour Studies Inc, Adelaide SA Australia, pp. 231-246.

Adams, P.D., Horridge, M., Parmenter, B.R., 2001, Forecasts for Australian Regions Using the MMRF-Green Model, The Australasian Journal of Regional Studies, vol 6, issue 3, The Australian & New Zealand Regional Science Assoc. Int. In., University of Queensland St Luca Qld Australia, pp. 293-322.

Adams, P.D., Dixon, P.B., Rimmer, M.T., 2001, The September 11 Shock to Tourism and the Australian Economy from 2001-02 to 2003-04, Australian Bulletin of Labour, vol 27, issue 4, National Institute of Labour Studies Inc, Flinders University Adelaide SA, pp. 241-257.

Meagher, G., Adams, P.D., 2001, Trade Liberalisation and the Demand for Skilled Labour in Australia, Australian Journal of Labour Economics, vol 4, issue 4, The Centre for Labour Market Research, Murdoch University Murdoch WA, pp. 318-334.

Adams, P.D., Horridge, M., Parmenter, B.R., Zhang, X., 2000, Long-Run Effects on China of APEC Trade, Pacific Economic Review, vol 5 issue 1, Blackwell Publishers Ltd, Oxford UK, pp. 15-47.

Adams, P.D., Dixon, P.B., McDonald, D., Rimmer, M.T., 2000, The Exchange Rate Puzzle and Forecasts for the Australian Economy from 2000-01 to 2004-05, Australian Bulletin of Labour, vol 26 issue 4, National Institute of Labour Studies, Adelaide SA Australia, pp. 257-278.

Adams, P.D., Dixon, P.B., McDonald, D., Meagher, G.A., Rimmer, M.T., 1999, Employment in Australia: Occupations, Threats & Opportunities, Australian Bulletin of Labour, vol 25,4, National Institute of Labour Studies Incorporated, Adelaide SA Australia, pp. 283-305.

Adams, P.D., 1998, Long-run Effects of APEC Trade Liberalisation, The World Economy, vol 21, no 7, Blackwell Publishers, Oxford United Kingdom, pp. 931-952.

Adams, P.D., 1998, Prospects for the Australian Economy and the Impact of the Asian Crisis, Australian Bulletin of Labour, vol 24, no 4, National Institute of Labour Studies, Flinders University of South Australia, pp. 247-278.

Adams, P.D., Dixon, P.B., 1997, Generating Detailed Commodity Forecasts from a CGE Model, International Journal of Forecasting, vol 13, North Holland - Elsevier Science, Amsterdam Netherlands, pp. 223-236.

Adams, P.D., Huff, K.M., McDougall, R.A., Pearson, K.R., Powell, A.A., 1997, Medium and long-run consequences for Australia of an APEC free-trade area: CGE analyses using the GTAP and Monash models, Asia-Pacific Economic Review, vol 3, Cambridge University Press, Canberra ACT Australia, pp. 19-42.

Adams, P.D., Pearson, K.R., Huff, K.M., McDougall, R.A., Powell, A.A., 1997, Medium- and long-run consequences for Australia of an APEC free trade area, Asia-Pacific Economic Review, vol 3, Cambridge University Press, Australia, pp. 19-42.

Adams, P.D., Meagher, G.A., 1997, The Outlook for Employment by occupation, Australian Bulletin of Labour, vol 23, National Institute of Labour Studies, Adelaide SA Australia, pp. 231-254.

Other

Adams, P.D., 1999, Potential Impact of Farm Forestry Industry on the Goulburn Regional Economy, The Australian Journal of Agricultural & Resource Economics, vol 43, issue 1, Blackwell Publishers Ltd, Oxford UK, pp. 142-144.

Adams, P.D., Dixon, P.B., 1998, Australian Regions and Industries Forecasted to 2005 Part I Economic & Industry Forecasts, Invited article in Commercial Magazine - National Business Magazine Vol. 8, No. 7, National Business Magazine Sydney NSW Australia.

Adams, P.D., Dixon, P.B., 1998, Australian Regions and Industries Forecasted to 2005 Part II Forecasts of States and Territories, Invited article in Commercial Magazine - National Business Magazine Vol 8, No. 8, National Business Magazine Sydney NSW Australia.

Adams, P.D., Dixon, P.B., 1998, Australian Regions and Industries Forecasted to 2005 Part III Forecasts for 57 States & Regions, Invited Article in Commercial Magazine - National Business Magazine Vol. 8, No. 9, National Business Magazine Sydney NSW Australia.

Fry, J.M., Parmenter, B.R., Adams, P.D., 1997, Modelling Projections of Future Australian Greenhouse Gas Emissions, Report for the Department of Environemnt, Sport and Territories.

Postgraduate Research Supervisions

Current Supervision

Program of Study:
(DOCTORATE BY RESEARCH).
Thesis Title:
Policy options in preparation for the post-hydrocarbon era of Brunei Darussalam.
Supervisors:
Adams, P (Main), Dixon, J (Associate).

Completed Supervision

Student:
Enzinger, S.
Program of Study:
THE ECONOMIC IMPACT OF GREENHOUSE POLICY UPON THE AUSTRALIAN ELECTRICITY INDUSTRY: AN APPLIED GENERAL EQUILIBRIUM ANALYSIS.. (PHD) 2001.
Supervisors:
Adams, P (Main), Parmenter, B (Associate).
Student:
Narayan, P.
Program of Study:
AN ECONOMETRIC MODEL OF TOURISM DEMAND AND A COMPUTABLE GENERAL EQUILIBRIUM ANALYSIS OF THE IMPACT OF TOURISM: THE CASE OF THE FIJI ISLANDS. (PHD) 2003.
Supervisors:
Dixon, P (Main), Adams, P (Associate), Vahid-Araghi, F (Associate).
Student:
Oum, S.
Program of Study:
A computable general equilibrium model for poverty and policy analysis in Cambodia. (PHD) 2009.
Supervisors:
Adams, P (Main), Horridge, M (Associate).
Student:
Pambudi, D.
Program of Study:
REGIONAL STRATEGIES TO ATTRACT INVESTMENT: USING A COMPUTABLE GENERAL EQUILIBRIUM MODEL OF INDONESIA. (PHD) 2005.
Supervisors:
Horridge, M (Main), Adams, P (Associate).
Student:
Rothfield, J.
Program of Study:
The economic impact of placing electricity cables underground: an analysis using econometric methods and a CGE model. (PHD) 2008.
Supervisors:
Adams, P (Main), Inder, B (Associate).
Student:
Scally, A.
Program of Study:
THE IMPACT OF REGIONAL INTEGRATION ON FDI: THE CASE OF AFTA. (PHD) 2005.
Supervisors:
Adams, P (Main), Wickramanayake, J (Joint).