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Economic modelling

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Economics
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Economic modelling
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Briefing paper

What is tax salience?


Tax salience is a relatively new field of economic research, which emphasises that the way in which taxes are displayed can affect how they influence the economy. In particular, it emphasises that people are more likely to change their behaviour in response to highly visible and highly salient taxes. As tax salience implies that people...
Report

Australian National Outlook 2015


To help ensure that the National Outlook modelling and interpretation are rigorous and based on the best available science, CSIRO marshalled a distinguished external review panel from Australian and international institutions, representing a broad range of relevant disciplines, in addition to rigorous internal review.
Working paper

Connecting the dots: econometric methods for uncovering networks with an application to the Australian financial institution


This paper connects variance-covariance estimation methods, Gaussian graphical models, and the growing literature on economic and nancial networks. We construct the network using the concept of partial correlations which captures direct linear dependence between any two entities, conditional on dependence between all other entities. We relate the centrality measures of this network to shock propagation...
Conference paper

Application of a dynamic inter-sectoral framework to estimate regional employment


Several attempts have been proposed in the literature to relax the restrictive assumptions of a standalone input-output model. Particularly, endogenisation of the household sector, which exhibits the highest constant returns to scale, has been continuously recognised as a key objective of such attempts. This objective increases in importance as we move from national to regional...
Report

The development of the Gippsland economic modelling tool


This study develops a measurement tool to assess the economic health, human capital, social well-being and liveability of regional locations. The study is guided by developments in the professional literature related to measuring these four dimensions.