Quantitative Economic Analysis

Australian Quarterly Gross State Product (GSP): December and March Quarters 2023/24

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

Gross State Product Australia, Quarterly GSP Australia, Quarterly State Accounts Australia. Economic growth. GSP growth. New South Wales (NSW), Victoria (Vic), Queensland (Qld), South Australia (SA), Western Australia (WA), Tasmania (Tas), Australian Capital Territory (ACT), Northern Territory (NT). Benchmarking. June quarter 2023, 2022/23. Australian Bureau of Statistics (ABS), Cat No. 5220.0, Cat No. 5206.0.   […]

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(Re-)Installing Python (Anaconda), Pyomo and GLPK – the only economic modelling software you’ll ever need.

Python, Quantitative Economic Analysis /

With disaster comes opportunity   Due to a computer disaster we recently had to reinstall everything, and we think we’re almost working to our old capacity. Some of the recovery has not been easy, but one thing that was simple was to re-install Anaconda/Python, Pyomo and the GLPK linear program solver.   The reason it’s

(Re-)Installing Python (Anaconda), Pyomo and GLPK – the only economic modelling software you’ll ever need. Read More »

Australian Quarterly Gross State Product – June Quarter 2023 and 2022/23 Annual Benchmark

Australia Quarterly Gross State Product, Data, Python, Quantitative Economic Analysis, Regional Economics /

Quarterly Gross State Product Australia, Quarterly GSP Australia, Quarterly State Accounts Australia. Economic growth. GSP growth. New South Wales (NSW), Victoria (Vic), Queensland (Qld), South Australia (SA), Western Australia (WA), Tasmania (Tas), Australian Capital Territory (ACT), Northern Territory (NT). Benchmarking. June quarter 2023, 2022/23. Australian Bureau of Statistics (ABS), Cat No. 5220.0, Cat No. 5206.0.

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Australian Quarterly Gross State Product (GSP): June Quarter 2022/23

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

Quarterly Gross State Product Australia, Quarterly GSP Australia, Quarterly State Accounts Australia. Economic growth. GSP growth. New South Wales (NSW), Victoria (Vic), Queensland (Qld), South Australia (SA), Western Australia (WA), Tasmania (Tas), Australian Capital Territory (ACT), Northern Territory (NT). Benchmarking. June quarter 2023, 2022/23. Australian Bureau of Statistics (ABS), Cat No. 5220.0, Cat No. 5206.0.

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How to Extract Results from an Abstract Python/Pyomo Model and Save to Dictionaries, DataFrames and Excel or csv Files

Data, Python, Quantitative Economic Analysis /

Python Pyomo Abstract Models, Results Viewing, Results Extraction, Results Saving, Python Dictionaries, Python Pandas DataFrames, Excel.xlsx CSV.csv.   It’s been some time since we posted on installing Python and its associated linear programming package Pyomo, followed by a few basic operations – December 2019 to be exact. These were our first two real posts on

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Is Hosting the Women’s Soccer World Cup Worth It (economically speaking)?

Industry Assistance, Quantitative Economic Analysis, Regional Economics /

A couple of weeks ago, while outside at lunch from our day job in the city, we observed a band playing its heart out to about two people in Perth’s Women’s world cup ‘Fan Festival‘ or Fan-Fest. By the time we left work later in the day, only a few more rowdy fans had arrived

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Australian Quarterly Gross State Product (GSP): March Quarter 2022/23

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

On 1 June 2023 the Australian Bureau of Statistics (ABS) published the March quarter 2023 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 publishes quarterly Gross Domestic Product (GDP) in Cat. No. 5206, and annual

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Australian Quarterly Gross State Product (GSP): Technical Paper, December Quarter 2022 and 2021/22 Annual Benchmark

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

The ABS does not publish quarterly Australian state and territory GSP estimates, so Practical Economics generates quarterly GSP by benchmarking quarterly industry indicators to annual GSP benchmarks.

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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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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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