Antipodean agricultural and resource economics at 60: booming sector economics

John Freebairn

Australian Journal of Agricultural and Resource Economics, 2016, vol. 60, issue 4

Abstract: Contributions of Australian economists to understand the effects of a boom export industry are reviewed. Effects are considered on: the real exchange rate; output, prices and factor incomes of the boom industry, other trade-exposed industries and nontraded industries; and national income and its distribution. Theoretical models and empirical models are reviewed. Different effects are considered for supply-sideversus demand-side-driven booms, and then for the price increase, investment increase and production increase phases of the boom. Evaluations of industry and macroeconomic policy options are canvassed.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 2016
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Journal Article: Antipodean agricultural and resource economics at 60: booming sector economics (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aareaj:301069

DOI: 10.22004/ag.econ.301069

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