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Is removal of tariff protection the key to the growth of manufacturing exports? Existing analyses of microeconomic reform have shown large improvements to mining. We use a less constrained version of the economic model ORANI to show that manufacturing exporters are the major beneficiaries of...
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This paper contains estimates made in 1977 of the elasticity of substitution between domestically produced and imported commodities at the four digit level of the Australian ASIC commodity classification then in use. The data upon which the estimates were based included series specially...
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A methodology is developed to incorporate operating environment variables in the measurement of total factor productivity. When no account is taken of operating environments, the Queensland electricity supply industry was found to be 13 percent more productive than the New South Wales...
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Utilizing a database of daily institutional fund manager trades, we examine the contribution of strategic trading at quarter-end associated with potential 'portfolio pumping' or 'ramping up' of reported stock prices around quarter-ends. We provide the first direct evidence that active fund...
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