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This paper surveys the contributions of economists since the 1960s to our understanding of AustraliaÂ’s evolving production and trade pattern and to the policies affecting it. Changes in comparative advantage only partly explain the trade pattern. Much of the residual explanation has to do...
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After a brief review of the literature to the early 1970s, this paper assesses the contributions during the past three decades to measuring the distortionary effects of trade policies. It does not pretend to be comprehensive, but draws on selections from the literature that give a sense of the...
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We provide economy-wide modeling results of the national and regional implications of two current challenges facing the Australian wine industry: a decline in export demand for premium wines, and a possible change in the tax on domestic wine sales following the Henry Review of Taxation. The...
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