An Analysis of the Structure of Trade Between Australia and China: An Australian Perspective-Reference-Cited by-同舟云学术

An Analysis of the Structure of Trade Between Australia and China: An Australian Perspective

Published:2020-07-26 Issue:1 Volume:17 Page:
ISSN:1553-3832
Container-title:The Economists’ Voice
language:en
Short-container-title:

Author:

Marks Andrew¹

Affiliation:

1. School of Business , Western Sydney University - Campbelltown Campus , Narrelan Rd, Campbelltown , Sydney , New South Wales , 2560, Australia

Abstract

Abstract The structure of exports from Australia to China reveals the dominance of primary products with the structure of imports from this country reflecting the over-reliance on manufacturing goods. This has restrained and led to fluctuations in the balance of trade surplus in Australia thereby leading to lower than otherwise and more volatile output and employment growth. The pattern of trade between Australia and China is representative of trade between Australia and the rest of the world thereby magnifying these adverse effects. Strategic trade policy has the potential to alleviate these negative effects on output and employment growth in Australia.

Publisher

Walter de Gruyter GmbH

Subject

General Economics, Econometrics and Finance,General Business, Management and Accounting

Link

https://www.degruyter.com/document/doi/10.1515/ev-2020-0004/pdf

Reference24 articles.

1. Australian Bureau of Statistics (ABS). 2018/2019. Australian System of National Accounts. Cat. No. 5206.0.

2. Australian Bureau of Statistics (ABS). 2010. Australian National Accounts, Input, Output Tables 2009/2010. Cat. Nos. 5204.0 and 5.001.

3. Banks, G. 2008. “Industry Policy for a Productive Australia.” Economic Analysis and Policy 38 (2): 213–29, https://doi.org/10.1016/s0313-5926(08)50018-x.

4. Brander, J. A., and B. J. Spencer. 1985. “Export Subsidies and International Market Share Rivalry.” Journal of International Economics 18 (1–2): 83–100, https://doi.org/10.1016/0022-1996(85)90006-6.

5. Commonwealth Treasury. 1996. Document of the Treasury Macro-Economic Model (TRYM) of the Australian Economy. Canberra: AGPS.

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