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When Modellers Behave Like Lawyers: Have we Lost The Plot?

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Abstract

Australia has made outstanding contributions to the use of quantitative economic models in public policy discussions. That leading role is now threatened by the increasing use of econometric modellers in an advocacy, lawyer-like role, rather than as impartial sources of the best available technical advice. This development became inevitable once it became fashionable in Canberra during the mid 1980s to deny the existence of public goods and to force the funding of economic intelligence garnering increasingly into the private sector. This paper argues that we are all the losers.

Suggested Citation

  • Alan A. Powell, 1998. "When Modellers Behave Like Lawyers: Have we Lost The Plot?," Centre of Policy Studies/IMPACT Centre Working Papers g-125, Victoria University, Centre of Policy Studies/IMPACT Centre.
    • Handle: RePEc:cop:wpaper:g-125
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    References listed on IDEAS

    as
    1. Powell, Alan A. & Snape, Richard H., 1993. "The contribution of applied general equilibrium analysis to policy reform in Australia," Journal of Policy Modeling, Elsevier, vol. 15(4), pages 393-414, August.
    2. Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685, December.
    3. Harrison, W Jill & Pearson, K R, 1996. "Computing Solutions for Large General Equilibrium Models Using GEMPACK," Computational Economics, Springer;Society for Computational Economics, vol. 9(2), pages 83-127, May.
    4. Adams, Philip D. & Dixon, Peter B. & McDonald, Daina & Meagher, G. A. & Parmenter, Brian R., 1994. "Forecasts for the Australian economy using the MONASH model," International Journal of Forecasting, Elsevier, vol. 10(4), pages 557-571, December.
    5. repec:bla:ecorec:v:69:y:1993:i:205:p:113-30 is not listed on IDEAS
    6. repec:bla:econom:v:60:y:1993:i:238:p:225-37 is not listed on IDEAS
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    More about this item

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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