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The seemingly high degree of trade complementarity between Australia and China indicates that freer trade between these two countries is likely to lead to mutual trade gains. In this paper, this complementarity was assessed based on the use of revealed comparative advantage (RCA) indices. It is...
Persistent link: https://www.econbiz.de/10010882138
Analysis of changes in the industrial composition of economic activity (structural change) is important for informed policy making. Such analysis can best be undertaken using a computable general equilibrium (CGE) model. CGE models recognize links among industries arising from their roles as...
Persistent link: https://www.econbiz.de/10010914371