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Import Components and Import Multipliers in Australian Economy: World Input-Output Analysis

Author

Listed:
  • M. Muchdie

    (Department of Management, Graduate School, Universitas Muhammadiyah Prof. Dr. HAMKA, Jakarta, Indonesia,)

  • H. Kurniawan

    (Department of Management, Faculty of Economics and Business, Universitas Muhammadiyah Prof. Dr. HAMKA, Jakarta, Indonesia.)

Abstract

This article analysis on import components and import multipliers, using Australian input-output tables 2000, 2005, 2010 and 2014. The results showed that firstly, Australian import components of input were, on average, less than 20 per cent; meaning that input that locally provided were more than 80 per cent. Australian import of input had increased significantly from US$ 47,122 million in 2000 to US$ 14,616 million in 2014. Secondly, Australian imports have been dominated by Sector-8, Sector-13, Sector-24, Sector-25, and Sector-26. Thirdly, Australian imports have been dominated by the USA, Japan, United Kingdom, China and Germany. During 2000-2014, import from Canada, Japan, UK and the USA had declined, but import from China had significantly increased. Finally, highest sectoral import multipliers occurred in Sector-5, Sector-22, Sector-29, Sector-30, Sector-31, and Sector-32, but there was no significant different of import multipliers for country origin of import.

Suggested Citation

  • M. Muchdie & H. Kurniawan, 2018. "Import Components and Import Multipliers in Australian Economy: World Input-Output Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 8(2), pages 304-314.
    • Handle: RePEc:eco:journ1:2018-02-36
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    import components; sectoral import multipliers; spatial import multipliers.;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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