CGE modelling of the resources boom in Indonesia and Australia using TERM



Table 2. Contribution of value-added to regional economy

Mining
$bn

Agriculture
$bn

Other
$bn

Mining

(% of GRP)

Agriculture(   Other

% of GRP) (% of GRP)

GRP
(% of
GDP)

Urban_NSW

1.2

35

141.6

0.8

2.4

96.7

21.8

Mineral_NSW

4.8

1.7

25.8

14.9

5.3

79.8

4.8

Other_NSW

2.4

10.6

35.2

4.9

22.0

73.0

7.2

Urban_VIC

4.2

4.4

114.3

3.4

3.6

93.0

18.3

Mineral_VIC

1.9

1.0

4.4

26.2

13.2

60.6

1.1

Other_VIC

2.0

8.0

25.2

5.6

22.8

71.6

5.2

Urban_QLD

1.3

1.6

51.6

2.4

3.0

94.6

8.1

Mineral_QLD

6.6

2.4

10.2

34.6

12.2

53.2

2.9

Other_QLD

2.9

5.7

39.7

6.1

11.8

82.1

7.2

Urban_SA

0.5

1.6

33.9

1.4

4.5

94.0

5.4

Mineral_SA

1.2

0.4

2.0

34.5

11.2

54.3

0.5

Other_SA

0.4

3.2

5.2

4.3

36.6

59.1

1.3

Urban_WA

4.3

1.3

41.3

9.1

2.7

88.2

7.0

Mineral_WA

11.8

4.7

12.0

41.4

16.6

42.0

4.2

Urban_TAS

0.1

0.4

5.2

2.5

6.3

91.2

0.9

Other_TAS

0.6

1.5

5.6

8.2

19.5

72.3

1.2

Mineral_NT

1.2

0.6

5.9

15.1

7.2

77.7

1.1

Urban ACT

0.0___

0.1_______

12.4

0.1_________

0.8______

99.1

1.9

Table 3. Impact of change in international trade

prices on

major aggregates, national and

selected regions Percentage change relative to base case

Effect

Real          Real

Household      Real

Investment
consumption

Real

GDP

Export
volumes

Import
volumes

Terms of
trade

National_________________________________________________________________________________________________

Mineral price shocks

0.19

0.00

0.19

7.81

8.47

26.30

Farm & food shocks

0.03

0.00

0.03

2.63

2.96

5.65

Imported fuel shocks

-0.18

0.00

-0.18

-4.43

-4.66

-7.34

Otherimportshocks

0.00

0.00

0.00

1.13

1.33

3.37

Total___________

0.04

0.00_________

0.04

7.15

8.09

27.99

Urban _SA_____________________________________________________________________________________

Mineral price shocks

-1.22

-7.49

-0.50

-5.82

3.34

-

Farm & food shocks

0.09

0.67

0.08

5.33

3.10

-

Imported fuel shocks

-0.10

-0.03

-0.23

-2.52

-3.04

-

Otherimportshocks

-0.04

-0.34

-0.02

3.11

1.17

-

Total___________

-1.27

-7.19_________

-0.67

0.05

4.56

-

Mineral WA________________________________________________________________________

Mineral price shocks

12.57

29.79

3.82

27.17

27.54

-

Farm & food shocks

-1.99

-4.71

-0.60

-0.53

0.58

-

Imported fuel shocks

-0.67

-0.49

-0.16

-15.87

-7.72

-

Otherimportshocks

0.19

1.12

0.06

0.14

2.27

-

Total___________

10.11

25.71________

3.12

10.92

22.66

-



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