Trade Reforms and Manufacturing Performance: Australia 1989-97
AbstractAdvocates of the competitive market paradigm strongly believe that "getting the price right" would improve manufacturing performance. Australia experienced extensive trade reforms in the late 1980s and 1990s which were expected to promote a competitive manufacturing sector. This paper examines whether these trade reforms have had a positive impact on the growth performance of the manufacturing sector. Selected growth performance variables - labour productivity, price-cost margins and exports - were regressed on change in protection variables. The results of the study are consistent with the hypothesis that trade reforms have increased the growth performance of the manufacturing sector.
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Bibliographic InfoPaper provided by School of Economics, University of Wollongong, NSW, Australia in its series Economics Working Papers with number WP99-13.
Length: 18 pages
Date of creation: 1999
Date of revision:
Contact details of provider:
Postal: School of Economics, University of Wollongong, Northfields Avenue, Wollongong NSW 2522 Australia
Phone: +612 4221-3659
Fax: +612 4221-3725
Web page: http://business.uow.edu.au/econ/index.html
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trade reforms; manufacturing performance; Australia;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-04-03 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Edward Oczkowski & Kishor Sharma, 2001. "Imperfect Competition, Returns To Scale and Productivity Growth In Australian Manufacturing: A Smooth Transition Approach To Trade Liberalisation," International Economic Journal, Taylor & Francis Journals, vol. 15(2), pages 99-113, June.
- Havrylyshyn, Oli, 1990. "Trade Policy and Productivity Gains in Developing Countries: A Survey of the Literature," World Bank Research Observer, World Bank Group, vol. 5(1), pages 1-24, January.
- Chand, Satish, 1999. "Trade Liberalization and Productivity Growth: Time-Series Evidence from Australian Manufacturing," The Economic Record, The Economic Society of Australia, vol. 75(228), pages 28-36, March.
- Renuka Mahadevan, 2002. "Trade liberalization and productivity growth in Australian manufacturing industries," Atlantic Economic Journal, International Atlantic Economic Society, vol. 30(2), pages 170-185, June.
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