Australia has long been considered a commodity based economy, with the relationship between the terms of trade and the real exchange rate well documented. Less well documented are the determinants of the Australian terms of trade and how these have moved in response to structural change and growing internationalisation of the Australian economy. This paper examines the Australian terms of trade since 1983 and links movements with the increasing internationalisation of the Australian economy and structural changes within the export and import sectors.
|Title of host publication||AARE2009|
|Subtitle of host publication||Inspiring innovative research in education|
|Place of Publication||Canberra, Australia|
|Number of pages||17|
|Publication status||Published - 2009|
|Event||53rd Annual Conference of the Australian Agricultural and Resource Economics Society (AARES 2009) - Cairns, Australia|
Duration: 10 Feb 2009 → 13 Feb 2009
|Conference||53rd Annual Conference of the Australian Agricultural and Resource Economics Society (AARES 2009)|
|Period||10/02/09 → 13/02/09|
Frost, M., & Parton, K. (2009). From Agriculture to Mining: The Impact of Structural Changes in Australian Commodity Exports on the Australian Terms of Trade. In AARE2009: Inspiring innovative research in education (pp. 1-17). AgEcon Search.