Quantitive analysis 1250 words

Australian cattle and sheep industry

May 2019

Executive Summary

Table of Contents

1. Introduction

Purpose

The purpose of this report is to provide and in-depth examination into the the contributions of th cattle and sheep industry has to the Australian economy. This report will also illustrate the importance the cattle and sheep industry will have on foreign economies, specifically that of Singapore.

Scope

This study aims to provide the Australian Government enough information to proceed with correct judgement through the use of fiscal policy in order to maintain our agricultural sectors.

Data collection and analysis

The data is collected from ABS which contains the GDP of 32 sectors of the Australian economy. The data is further examined through the contributions of the output of each sector it has on other sectors. Other academic journals are referenced in this study regarding Australia’s contributions to the Singaporean economy regarding Net exports of cattle and Sheep.

Economic Model

The model that will be used in this report is the Leontif input-output model. This aims to illustrate the relationships between

Results and Findings

Part a: Significance of cattle and sheep industry to Australia

Part B:

ECON1061 Page 1 of 7