Shaping comparative advantage: the evolution of trade and industry policy in Australia

Fenna, Alan

doi:10.1080/10361146.2016.1239565

Cited by 9 publications

(6 citation statements)

References 44 publications

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“…The significance of this lies in the reality that minerals processing is a large part of what passes for manufacturing in Australia's resource-dominated export profile and thus plays an outsized economic role. For over a century, Australian public policy has sought to diversify the economy away from its comparative advantage in primary products, but with mixed results (Fenna 2016). Aluminium is Australia's leading 'manufactured' export, making up 8 per cent of the total, and ranks sixteenth in total exports.…”

Section: Contributionsmentioning

confidence: 99%

Climate Governance and Federalism in Australia

Fenna

2023

Climate Governance and Federalism

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Section: Contributionsmentioning

confidence: 99%

Climate Governance and Federalism in Australia

Fenna

2023

Climate Governance and Federalism

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“…This unbalanced import and export structure is a hazard. While diversification has also been a theme in Australia's economic history, it has remained resource-dependent and rich to this day(Alan, 2016 [1] ).…”

Section: The Changes In Trade Patterns Between China and Australiamentioning

confidence: 99%

The Influence of Economic Integration on Australian-China Trade

2023

AJBM

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The composition and magnitude of trade among countries are affected by comparative advantage, stage of development, degree of economic integration, exchange rate policy and other factors. This paper reviews the changes in the scale and structure of imports and exports between China and Australia in the past three decades. It explains the composition of trade between the two countries from the theory of comparative advantage and discusses the important role of the deepening of economic integration on the trade volume. Finally, with the stage of China's economic development and the impact of trade policy on Australia-China trade, it is pointed out that the exchange rate policy has reduced China's terms of trade. On the contrary, Australia 's terms of trade are conducive to the Australian economy.

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“…• fiscal policy: the way it taxes and spends • monetary policy: setting official interest rates • financial regulation: the rules governing banking and investments Fenna, Alan (2019). Economic policy.…”

Section: Alan Fennamentioning

confidence: 99%

“…49 As we noted earlier, Australia was reluctant to participate in the GATT process of multilateral tariff reduction that was such a large part of global economic relations in the 1950s and 1960s. 50 Australia's recently developed manufacturing sector was seen as too 48 Bentley and West 2016;Fenna 2016a;Fenna 2016b;Phillimore and Leong 2017;. 49 Thurbon 2017.…”

Section: Trade Agreements In Lieumentioning

confidence: 99%

Australian Politics and Policy: 2021 Senior Edition

2021

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The first completely customisable, open access textbook on Australian politics, Australian Politics and Policy provides a unique, holistic coverage of politics and public topics for use in junior and senior university courses. With an online database of 43 chapters, the book innovatively enables instructors to compile a bespoke edition to suit their teaching needs, or to include individual chapters in course readers. With contributions from Australia’s leading politics and public-policy scholars, the textbook includes material on Australian political history and philosophy, key political institutions, Australian political sociology, public policy making in Australia, and specialised chapters on a range of key policy domains. Each chapter was subject to anonymous and rigorous peer-review to ensure the highest standards. The textbook comes with additional teaching resources including review questions and lecture slides. This second edition contains a number of revisions and new chapters on educational policy, the governance of COVID-19, and political leadership.

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Shaping comparative advantage: the evolution of trade and industry policy in Australia

Cited by 9 publications

References 44 publications

Climate Governance and Federalism in Australia

Climate Governance and Federalism in Australia

The Influence of Economic Integration on Australian-China Trade

Australian Politics and Policy: 2021 Senior Edition

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