ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1989.tb00309.x

出版商:Blackwell Publishing Ltd    

年代:1989

数据来源: WILEY

摘要:

AbstractA question featuring prominently in policy debates over the last few years is whether Australia can gain from having smaller government. Proponents have stressed beneficial impacts on the supply side of the economy; opponents have stressed the deflationary impact from possible reductions in demand. This article provides a quantitative assessment of this essentially empirical question, namely, whether supply or demand responses would dominate. It suggests that over the short term, demand contraction may be important. In the longer term, increased incentives can expand Australia's productive capacity, although incentives to work longer appear less important than incentives created for capital accumulation. But the longer term expansion may be crucially dependent on foreign investor acquiescence to increased involvement in the Australian economy.

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1989.tb00310.x

出版商:Blackwell Publishing Ltd    

年代:1989

数据来源: WILEY

摘要:

AbstractVariability in export returns is a major source of instability in the Australian economy and, in the presence of price and wage rigidities, may be a substantial cause of social costs. There have been calls for explicit policies to change Australia's pattern of exports away from traditional agricultural and mineral exports. In this article, the implications of changes in the pattern of Australian exports have been examined taking into account the variability of each category and the correlations between categories. From the results it appears that the diversification from rural to mineral exports since 1970 has substantially reduced the variability of export returns. While rural exports remain the most variable component of the total, a reduction in the rural share of total exports and a corresponding expansion of Australias traditional manufactured exports would appear to have surprisingly little effect on export variability.

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1989.tb00311.x

出版商:Blackwell Publishing Ltd    

年代:1989

数据来源: WILEY

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1989.tb00312.x

出版商:Blackwell Publishing Ltd    

年代:1989

数据来源: WILEY

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1989.tb00313.x

出版商:Blackwell Publishing Ltd    

年代:1989

数据来源: WILEY

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1989.tb00314.x

出版商:Blackwell Publishing Ltd    

年代:1989

数据来源: WILEY

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1989.tb00315.x

出版商:Blackwell Publishing Ltd    

年代:1989

数据来源: WILEY

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1989.tb00316.x

出版商:Blackwell Publishing Ltd    

年代:1989

数据来源: WILEY

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1989.tb00317.x

出版商:Blackwell Publishing Ltd    

年代:1989

数据来源: WILEY