International trade and industry policies

Kym Anderson

No 2002-16, Centre for International Economic Studies Working Papers from University of Adelaide, Centre for International Economic Studies

Abstract: This paper surveys the contributions of economists since the 1960s to our understanding of AustraliaÂ’s evolving production and trade pattern and to the policies affecting it. Changes in comparative advantage only partly explain the trade pattern. Much of the residual explanation has to do with Federal Government policies and their reform since the early 1970s. Attention here focuses on manufacturing tariffs and other trade policies, and on trade-related sectoral/industry assistance policies. The recent policy reforms have not been unrelated to developments in the multilateral trading system (and, as part of that, in the Asia Pacific Economic Forum), so contributions by Australian economists to those developments are also briefly reviewed. The survey concludes by reflecting on the influence economists have had in shaping AustraliaÂ’s trade and trade-related policy reforms since the 1960s.

Keywords: Trade policy distortions; Industry assistance; Effective protection; Cost of protection; Empirical modelling of effects of trade and industry policies (search for similar items in EconPapers)
JEL-codes: F13 K14 Q17 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2002-07
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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