The Textile, Clothing and Footwear sector from 1997 to 2020 and the effects of reductions in assistance

Summary
The MONASH model
Macro performance and the performance of the TCF sector from 1997 to 2002
Macro forecasts and forecasts for the TCF sector from 2002 to 2020
Policy analysis: the effects of reducing TCF assistance

1 Introduction

2 Macro performance and the performance of the TCF sector from 1997 to 2002

2.1 Macro performance
2.2 TCF performance
The TCF sector, 1997 to 2002
Clothing, 1997 to 2002
Footwear, 1997 to 2002
Knitting mills, 1997 to 2002
Textile products, 1997 to 2002
Textile fibres and yarns, 1997 to 2002
Leather and leather products, 1997 to 2002

3 Macro forecasts and forecasts for the TCF sector from 2002 to 2020
3.1 Macro forecasts
3.2 Forecasts for the TCF sector
The TCF sector, 2002 to 2020
Clothing, 2002 to 2020
Footwear, 2002 to 2020
Knitting mills, 2002 to 2020
Textile products, 2002 to 2020
Textile fibres and yarns, 2002 to 2020
Leather and leather products, 2002 to 2020

4 Policy analysis: the effects of reducing TCF assistance
4.1 Shocks and the key assumptions
Labour market
Production technologies
Rates of return on capital
Public expenditure and taxes
Export-demand elasticities
4.2 Industry results
Results for the TCF sector, fixed aggregate employment
Results for the TCF industries, fixed aggregate employment
Results for the TCF sector, short-run sticky wages
Results for other industries, fixed aggregate employment
Results for other industries, short-run sticky wages
4.3 Regional effects
Policy simulation 1, fixed aggregate employment
Policy simulation 2, short-run sticky wages
4.4 Macro effects
Policy simulation 1, fixed aggregate employment
Policy simulation 2, short-run sticky wages
4.5 Adjustment costs
Policy simulation 1, fixed aggregate employment
Policy simulation 2, short-run sticky wages
4.6 Appendix on export demand elasticities and the specialisation problem

5 Concluding remarks

References