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After ten years, the assumed reduction in average import prices caused by<br />

Australia’s ado<strong>pt</strong>ion of e-commerce is 0.76 per cent. With imports being<br />

about 20 per cent of GDP, or 25 per cent of public and private<br />

consum<strong>pt</strong>ion, the reduction in import prices of 0.76 per cent has an<br />

impact effect on consum<strong>pt</strong>ion of 0.19 per cent.<br />

A.3 Data<br />

The following table contains detailed assum<strong>pt</strong>ions of reduction in retail<br />

margins used to generate the shocks discussed in the section above.<br />

Table A.1<br />

Assumed reductions in retail margins<br />

Commodity<br />

Per cent<br />

Agriculture, forestry & fishing<br />

C1 Wool 10<br />

C2 Sheep 10<br />

C3 Wheat 10<br />

C4 Barley 10<br />

C5 Other Grains 10<br />

C6 Meat Cattle 10<br />

C7 Milk Cattle 10<br />

C8 Sugarcane, Fruit & Nuts 10<br />

C9 Vegetables, Cotton & Tobacco 10<br />

C10 Poultry 10<br />

C11 Agricultural Services 10<br />

C12 Forestry 10<br />

C13 Fishing 10<br />

Mining<br />

C14 Iron Ore 10<br />

C15 Non-Ferrous Ores 10<br />

C16 Black Coal 10<br />

C17 Oil and Gas 10<br />

C18 Other Minerals 10<br />

C19 Mining Services 10<br />

Food, drink & tobacco<br />

C20 Meat 5<br />

C21 Dairy 5<br />

C22 Fruit and Vegetables 5<br />

C<strong>23</strong> Oils and Fats 5<br />

C24 Flour 5<br />

C25 Bakery 5<br />

C26 Confectionery 5<br />

C27 Seafood and Sugar 5<br />

C28 Soft Drinks 5<br />

C29 Beer 20<br />

C30 Other Alcoholic Drinks 20<br />

C31 Tobacco 20<br />

Textiles, clothing & footwear<br />

C32 Cotton Ginning 10<br />

C33 Synthetic Yarns 10<br />

Commodity<br />

Per cent<br />

C34 Cotton Yarns 10<br />

C35 Wool Yarns 10<br />

C36 Textile Finishing 10<br />

C37 Carpets 10<br />

C38 Canvas 10<br />

C39 Knitting 10<br />

C40 Clothing 10<br />

C41 Footwear 10<br />

Wood & paper products<br />

C42 Sawmill 10<br />

C43 Panels 10<br />

C44 Fittings 10<br />

C45 Furniture 10<br />

C46 Pulp and Paper 10<br />

C47 Bags and Boxes 10<br />

C48 Sanitary Products 10<br />

C49 Newspapers and Books 30<br />

C50 Commercial Printing 20<br />

Chemical products<br />

C51 Fertiliser 10<br />

C52 Basic Chemicals 10<br />

C53 Paints 10<br />

C54 Pharmacy 20<br />

C55 Soaps 20<br />

C56 Cosmetics 20<br />

C57 Explosive 0<br />

C58 Petrol 0<br />

Building materials<br />

C59 Glass 20<br />

C60 Clay Products 20<br />

C61 Cement 10<br />

C62 Readymix Concrete 10<br />

C63 Pipes 10<br />

C64 Plaster 10<br />

C65 Iron and Steel 10<br />

C66 Non-Ferrous Metals 10<br />

C67 Structural Metal Products 10<br />

50

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