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Uses parametric Granger causality techniques to test whether trade acted as an engine of growth during the period 1971(2)‐1994(2) in Australia. The causality tests were performed on time‐series data that were filtered after unit root and cointegration testing. During the study period there...
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The dissolving trade barriers, financial deregulation, hyper‐mobility of capital and the rapid diffusion of new information technologies have ushered the Australian economy into the borderless world. The orthodoxy that states that centralised wage‐fixing in Australia has impeded wage...
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This article presents a set of techniques to measure and analyse the structure of the information economy of a country using input‐output methods. Published national data bases for many countries fail to identify the information economy and the focus has been on the measurement of conventional...
Persistent link: https://www.econbiz.de/10014863722
Since the Second World War the Transnational Corporations (TNCs) have emerged as powerful engines of growth and development in the world economy. Much controversy surrounds the issues of TNCs' benign and malign effects on the development aspirations of host developing countries (HDCs). The TNCs...
Persistent link: https://www.econbiz.de/10014806504
This study reviews the emergence of Thailand in the 1990s as the Fifth Tiger economy of Asia following the regime switch from an import substitution to export oriented industrialisation policy. A Computable General Equilibrium (CGE) model was formulated to analyse the macroeconomic and sectoral...
Persistent link: https://www.econbiz.de/10014806207
Internationalisation of the Australian economy is profoundly changing the macroeconomic fabric of the Australian labour market. This study aims to shed light on both trade and technology effects on the Australian labour market during the study period 1983(4)‐1995(3). The study uses unit root...
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