TY - EJOUR AB - This paper investigates the impact of an expansion in agricultural processing on the Western Australian economy by modifying and applying a Computable General Equilibrium (CGE) economic model of Western Australia (called WAM). WAM was used to simulate the effects of a $1 million expansion in eight agricultural processing industries. The results show that there is a range of positive impacts from agricultural processing. On average, a $1 million expansion in agricultural processing is estimated to increase the State's GSP (Gross State Product) by $649,000, and total output by $1.9 million. The expansion of the Wine and spirits industry is estimated to have the largest impact while the Textile fibres, yarns and woven fabrics industry has the smallest impact on the Western Australian economy. AU - Johnson, Peter AU - Islam, Nazrul DA - 2004 DA - 2004 DO - ISSN 1442-6951 DO - 10.22004/ag.econ.132080 DO - Other DO - doi ED - Malcolm, Bill ED - Wright, Vic ED - editor ED - editor ID - 132080 JF - Australasian Agribusiness Review KW - Agribusiness KW - Agricultural Finance KW - Community/Rural/Urban Development KW - Crop Production/Industries KW - Farm Management KW - Livestock Production/Industries KW - Marketing KW - Production Economics KW - Productivity Analysis KW - agricultural processing KW - Western Australia KW - Computable General Equilibrium economic model of Western Australia KW - WAM KW - Gross State Product KW - general equilibrium analysis L1 - https://ageconsearch.umn.edu/record/132080/files/Johnson%20and%20Islam%20-%20Paper%205.pdf L2 - https://ageconsearch.umn.edu/record/132080/files/Johnson%20and%20Islam%20-%20Paper%205.pdf L4 - https://ageconsearch.umn.edu/record/132080/files/Johnson%20and%20Islam%20-%20Paper%205.pdf LA - eng LK - https://ageconsearch.umn.edu/record/132080/files/Johnson%20and%20Islam%20-%20Paper%205.pdf N2 - This paper investigates the impact of an expansion in agricultural processing on the Western Australian economy by modifying and applying a Computable General Equilibrium (CGE) economic model of Western Australia (called WAM). WAM was used to simulate the effects of a $1 million expansion in eight agricultural processing industries. The results show that there is a range of positive impacts from agricultural processing. On average, a $1 million expansion in agricultural processing is estimated to increase the State's GSP (Gross State Product) by $649,000, and total output by $1.9 million. The expansion of the Wine and spirits industry is estimated to have the largest impact while the Textile fibres, yarns and woven fabrics industry has the smallest impact on the Western Australian economy. PY - 2004 PY - 2004 T1 - AGRICULTURAL PROCESSING AND THE WA ECONOMY: A GENERAL EQUILIBRIUM ANALYSIS TI - AGRICULTURAL PROCESSING AND THE WA ECONOMY: A GENERAL EQUILIBRIUM ANALYSIS UR - https://ageconsearch.umn.edu/record/132080/files/Johnson%20and%20Islam%20-%20Paper%205.pdf VL - 12 Y1 - 2004 T2 - Australasian Agribusiness Review T2 - Volume 12 T2 - Paper 5 ER -