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A Harris-style miniature version of ORANI

Cory, P and Horridge, Jonathan ORCID: 0000-0002-1070-5763 (1985) A Harris-style miniature version of ORANI. Working Paper. Centre of Policy Studies (COPS).

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A small version of ORANI is constructed, incorporating economies of scale and imperfect competition. Economic mechanisms are borrowed from a model constructed by Richard Harris, and described in his 1984 book "Trade, Industrial Policy and Canadian Manufacturing". The miniature Harris-like model is used to determine whether Harris' conclusions might carry over to Australia, and to see which of his several assumptions are responsible for his more striking results. We find that import-parity pricing is responsible for most of the 'action', while Lerner pricing (based on perceived demand elasticities) yields results similar to the conventional CRTS model

Item Type: Monograph (Working Paper)
ISBN: 0642526427
Additional Information:

CoPS/IMPACT Working Paper Number OP-54

Uncontrolled Keywords: C68; L11; L13; economies of scale; imperfect competition; applied general equilibrium models
Subjects: FOR Classification > 1403 Econometrics
Faculty/School/Research Centre/Department > Centre of Policy Studies (CoPS)
Depositing User: Symplectic Elements
Date Deposited: 16 Oct 2015 03:55
Last Modified: 29 Jul 2019 02:56
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