Microeconomic Reform and Employment in the Short Run

Philip Adams () and Brian R. Parmenter

The Economic Record, 1994, vol. 70, issue 208, 1-11

Abstract: In the long run microeconomic reform will improve living standards by increasing the quantity of goods and services that the economy can produce with its limited productive resources. However, in the short run, reform might lead to a reduction in the usage of productive resources, especially labour, rather than to an increase in output. In this paper we examine the short‐run relationship between micro‐economic reform and employment in Australia using simulations with an applied general equilibrium model

Date: 1994
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.1111/j.1475-4932.1994.tb01819.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ecorec:v:70:y:1994:i:208:p:1-11

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0013-0249

Access Statistics for this article

The Economic Record is currently edited by Paul Miller, Glenn Otto and Martin Richardson

More articles in The Economic Record from The Economic Society of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().