This Paper examines the relationship between trade liberalization and productivity growth for Australian manufacturing. An imperfect competition, non-CRS, smooth transition empirical framework is employed for analysis. GMM estimates of the logistic smooth transition model imply that trade reform...

Accumulated theoretical and empirical evidence suggests that wine prices depend on quality, reputation and objective characteristics. Unlike previous studies, we recognize that quality and reputation are latent constructs and therefore employ factor analysis and 2SLS techniques to consistently...

Relatively few studies have empirically examined the link between productivity growth and policy liberalization, and the evidence, though generally supportive of the hypothesis, is somewhat mixed and the levels and changes in growth rates vary substantially across countries. There is clearly...