International trade and industry policies
AbstractThis paper surveys the contributions of economists since the 1960s to our understanding of AustraliaÂ’s evolving production and trade pattern and to the policies affecting it. Changes in comparative advantage only partly explain the trade pattern. Much of the residual explanation has to do with Federal Government policies and their reform since the early 1970s. Attention here focuses on manufacturing tariffs and other trade policies, and on trade-related sectoral/industry assistance policies. The recent policy reforms have not been unrelated to developments in the multilateral trading system (and, as part of that, in the Asia Pacific Economic Forum), so contributions by Australian economists to those developments are also briefly reviewed. The survey concludes by reflecting on the influence economists have had in shaping AustraliaÂ’s trade and trade-related policy reforms since the 1960s.
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Bibliographic InfoPaper provided by University of Adelaide, Centre for International Economic Studies in its series Centre for International Economic Studies Working Papers with number 2002-16.
Length: 28 pages
Date of creation: Jul 2002
Date of revision:
Trade policy distortions; Industry assistance; Effective protection; Cost of protection; Empirical modelling of effects of trade and industry policies;
Find related papers by JEL classification:
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- K14 - Law and Economics - - Basic Areas of Law - - - Criminal Law
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
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- Anderson, Kym & Lattimore, Ralph G. & Lloyd, Peter J. & MacLaren, Donald, 2007.
"Distortions to Agricultural Incentives in Australia and New Zealand,"
2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand
10407, Australian Agricultural and Resource Economics Society.
- Anderson, Kym & Lattimore, Ralph G. & Lloyd, Peter J. & MacLaren, Donald, 2008. "Distortions to Agricultural Incentives in Australia and New Zealand," Agricultural Distortions Working Paper 48387, World Bank.
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