Economy Model (GEM) is used to estimate the impact that emerging Asia’s growth differential has had on Australia. The … simulation analysis, which replicates some key features from the last decade, suggests that roughly 25 percent of Australia … suggests that should emerging Asia continue to grow in a similar fashion, Australia’s growth dividend could almost double. On …

Australia and New Zealand. The two countries have not been hit hard by the global crisis, but have large net external …-term potential growth of about 3 percent for Australia and 2. percent for New Zealand, higher than that of many other advanced …

-factor productivity (MFP) in a panel of industries in 15 OECD countries over the period 1980 to 2003, with a special focus on Australia … Technologies (ICTs). We show that reforms of both the labor and product markets since the early 1990s can explain Australia …

the decline in the share of goods production in Australia and New Zealand. The simulation results suggest that faster … productivity growth in the tradable goods sector in Australia, New Zealand, and their major trading partners accounts for a …

merits of the regime-switching theory as an explanation for the apparent fluctuations in real interest rates in Australia …