The paper reports the results of Granger causality tests on whether trade has acted as an engine of growth in Australian during the period 1971Q2-1994Q2. The causality tests were applied on time-series data that were filtered using unit root and cointegration tests. During the study period there...

The revolutionary changes in information technology (IT), globalization and financial innovation have overturned the Solow productivity paradox and spawned the New Economy (NE) in Australia in the late 1990s. Both growth accounting estimates and the use of the information superhighway rank...

This paper summarises the lively debate between proponents open trade policies and the opponents that base their arguments for protection and strategic trade policies, on the grounds that international trade does not occur on a level palying field. The study uses Vector Autoregression (VAR)...

The countries around the Pacific basin, which had for centuries been economically isolated is emerging as a dynamic growth area. This paper reviews the case for rapid spread of modern information technologies in the developing countries of the Pacific basin. The reluctance of some domestic...