The Consequences of Trade Liberalisation on the Australian Passenger Motor Vehicle Industry

Elias Sanidas () and Kankesu Jay Jayanthakumaran
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Elias Sanidas: University of Wollongong, http://www.uow.edu.au/commerce/econ/who/index.html

Economics Working Papers from School of Economics, University of Wollongong, NSW, Australia

Abstract: This paper is an appraisal of the impact of Australian trade liberalization measures on imports, exports, productivity, and internal demand of the passenger motor vehicle industry. There is clear evidence that this liberalization has increased the volume of trade, imports, exports, and productivity, but reduced the locally produced cars for internal consumption. Various models are constructed and applied. Thus, this paper is an application of the bounds testing procedure based on the ARDL approach to cointegration and the comparison of the latter with the OLS and Johansen’s cointegration methods in the contexts of small samples.

Keywords: Trade liberalization; Australian Passenger motor vehicle industry; ARDL approach (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-int
Date: 2006
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