Manufacturing is an important sector to many Australian regional areas. Technical change is important to the economic performance of manufacturing and improvements in competitive advantage. In this paper, technical change in manufacturing is estimated for each of the Australian States using a...

Manufacturing is an important sector to many Australian regional areas. Technical change is important to the economic performance of manufacturing and improvements in competitive advantage. In this paper, technical change in manufacturing is estimated for each of the Australian States using a...

Cointegration analysis between real money (M3), output, interest rates and the effective exchange rate indicates the existence of a cointegrating vector which can be used to stabilize nominal GDP in the long run. An interesting aspect of the empirical investigation is the evidence that the long...