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High-Tech Innovation, Growth and Trade Dynamics in Australia

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  • Neil Karunaratne

Abstract

In this paper the macro-economic interactions between high-tech innovation (telecommunications), growth and trade are analysed at the macroeconomic level. Cointegration and innovation accounting based on vector autoregression techniques have been used to estimate empirically the trade and growth dynamics in the Australian context. The paper reviews the high-tech innovation induced policy regime shifts such as the deregulation of telecommunications and the liberalisation of trade and also quantifies trade and growth dynamics. Copyright Kluwer Academic Publishers 1997

Suggested Citation

  • Neil Karunaratne, 1997. "High-Tech Innovation, Growth and Trade Dynamics in Australia," Open Economies Review, Springer, vol. 8(2), pages 151-170, April.
  • Handle: RePEc:kap:openec:v:8:y:1997:i:2:p:151-170
    DOI: 10.1023/A:1008236915579
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    Cited by:

    1. Andre Jungmittag & Paul Welfens, 2014. "Telecommunications dynamics, output and employment," International Economics and Economic Policy, Springer, vol. 11(1), pages 179-195, February.
    2. Roper, Stephen & Love, James H., 2002. "Innovation and export performance: evidence from the UK and German manufacturing plants," Research Policy, Elsevier, vol. 31(7), pages 1087-1102, September.

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