Structural change and income distribution: the case of Australian telecommunications
| Autor: | George Verikios, Xiao-guang Zhang |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Computable general equilibrium
Real income business.industry 050204 development studies 05 social sciences Geography Planning and Development Microsimulation Distribution (economics) jel:C68 jel:D31 computable general equilibrium income distribution microeconomic reform microsimulation telecommunications Development jel:C69 jel:L99 Income distribution 0502 economics and business Political Science and International Relations Economics Production (economics) Household income 050207 economics business Telecommunications Productivity |
| Zdroj: | Journal of the Asia Pacific Economy. 21:549-570 |
| ISSN: | 1469-9648 1354-7860 |
| DOI: | 10.1080/13547860.2016.1153221 |
| Popis: | The Australian telecommunications sector experienced substantial structural change during the 1990s, a change that increased productivity and reduced costs. At this time, telecommunications was already an important item of household expenditure and input to production. We estimate the effect of the structural change on households depending on their location in the distribution of income and expenditure. Our estimates are calculated by applying a computable general equilibrium model incorporating microsimulation behaviour with top-down and bottom-up links. We estimate significant increases in real income and small increases in inequality from the changes; the pattern of effects is largely uniform across regions. Sensitivity analysis indicates that our results are insensitive to variations in model parameters. |
| Databáze: | OpenAIRE |
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