Richmond Shield

Economics professor publishes paper with Australian colleagues

Dr Parviz Dabir-Alai, Professor of Economics and Dean of the School of Business & Economics, has recently published “The impacts of rising energy prices on non-energy sectors in Australia” together with Abbas Valadkhani and Aplerhan Babacan.

The paper has been published in ‘Economic Analysis and Policy’ by Elsevier and introduces an alternative input-output (IO) price model and applies it to a recent IO table for the Australian economy in order to assess the impact of increases in energy prices on a range of non-energy sectors of the economy.

The results confirm much that we know already in terms of the likely impact of energy prices on the so-called tradable sectors, but also raise additional questions for other areas of the economy future research.