The Resources Economy and the Terms of Trade Boom
Sean Langcake and
Emily Poole
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Sean Langcake: Reserve Bank of Australia
Emily Poole: Reserve Bank of Australia
RBA Bulletin (Print copy discontinued), 2017, 27-34
Abstract:
The transition from the investment to the production phase of the resources boom is nearly complete. The adjustment has affected industries beyond the resources sector, which has amplified the impact of the resource investment boom on the Australian economy. The value added and employment shares of this broader ‘resources economy’ have retreated from their 2011/12 peaks, but remain above their pre-boom averages.
Keywords: resources; investment; exports; input-output; terms of trade; mining boom (search for similar items in EconPapers)
Date: 2017
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