Measuring the Economic Impact of the Minerals Sector: A Regional Western Australian Perspective

Abstract

Economic impact has been traditionally measured using Input-Output analysis, General Computable Equilibrium Models and Econometric Models. As the composition and dynamics of the Australian resources sector is changing, novel elements have become more difficult to model using these traditional techniques. This thesis proposes an agent-based model to answer the question: Is it possible to achieve enduring community value from mining? A case study is used to show the implementation of the model and validate its applicability.