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Australian Quarterly Gross State Product (GSP): March Quarter 2021/22

Uncategorized /

On 1 June 2022 the Australian Bureau of Statistics (ABS) published the March quarter 2022 Australian National Accounts: National Income, Expenditure and Product (Cat. No. 5206), which means we can update the Practical Economics quarterly Australian State and Territory Gross State Product (GSP) series.  The ABS does not publish quarterly state and territory GSP. The Practical Economics quarterly GSP […]

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Cost-Benefit Analysis versus Computable General Equilibrium Modelling: The Case of Logging Mowen Forest

Industry Assistance, Quantitative Economic Analysis, Regional Economics /

Recently we were going through some of our old internet bookmarks and came across a link from 2015 on the controversy surrounding the then proposed logging of the the Mowen State Forest southeast of Margaret River in Western Australia. The article was published in the West Australian, authored by Daniel Mercer, but the only place

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Australian Quarterly Gross State Product (GSP): December Quarter 2020/21

Australia Quarterly Gross State Product, Data, Regional Economics /

On 2 March 2022 the Australian Bureau of Statistics (ABS) published the December quarter 2021 Australian National Accounts: National Income, Expenditure and Product (Cat. No. 5206), which means we can update the Practical Economics quarterly Australian State and Territory Gross State Product (GSP) series.  The ABS does not publish quarterly state and territory GSP. The Practical Economics quarterly GSP

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Why is the Western Australian Economy So Reliant on Mining?

Industry Assistance, Regional Economics /

Following our article on the decreasing diversity of the Western Australian Economy, Gareth Parker on WAtoday has a couple of good articles on the same topic. Firstly on the increasing reliance of the Western Australian economy on mining and then on the implications of how in such an economy you are very dependent on supply

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Diversification of the Western Australian Economy – Or Not?

Australia Quarterly Gross State Product, Data, Quantitative Economic Analysis /

Diversification of the economy has been a long-held ambition of a succession of Western Australian Governments of all political persuasions. We even have a current strategy called Diversify WA. This is not the first such strategy and almost certainly not be the last. The Western Australian Government’s COVID-recovery strategy has diversification of the economy as

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Australian Quarterly Gross State Product (GSP): September Quarter 2020/21

Data, Python, Quantitative Economic Analysis /

A few weeks ago the Australian Bureau of Statistics (ABS) published the September quarter 2021 Australian National Accounts: National Income, Expenditure and Product (Cat. No. 5206), which means we can update the Practical Economics quarterly Australian State and Territory Gross State Product (GSP) series. The ABS does not publish quarterly state and territory GSP. The Practical Economics quarterly GSP

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Australian Quarterly State Accounts: 2020-21 Benchmark True-Up

Australia Quarterly Gross State Product, Data, Quantitative Economic Analysis, Uncategorized /

On 19 November 2021 the Australian Bureau of Statistics (ABS) published its 2020-21 State Accounts, containing annual Gross State Product (GSP) for each state and territory in the federation. Previously, on 30 September 2021 Practical Economics published full-year 2020-21 data for our quarterly Gross State Product (GSP) for Australian States and Territories, despite not yet

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Australian Quarterly Gross State Product (GSP): June Quarter 2020/21

Australia Quarterly Gross State Product, Data, Quantitative Economic Analysis /

A few weeks ago the Australian Bureau of Statistics (ABS) published the June quarter 2021 Australian National Accounts: National Income, Expenditure and Product (Cat. No. 5206), which means we can update the Practical Economics quarterly Australian State and Territory Gross State Product (GSP) series. We’ve been very busy on our day job so not only are we a bit

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Australian Quarterly Gross State Product (GSP): March Quarter 2020/21

Australia Quarterly Gross State Product, Data, Quantitative Economic Analysis /

A couple of weeks ago the Australian Bureau of Statistics (ABS) published the March quarter 2021 Australian National Accounts: National Income, Expenditure and Product (Cat. No. 5206), which means we can update our quarterly Australian State and Territory Gross State Product (GSP) series. Our day job has been a bit busy so we’ve taken a

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