Liberalization and structural change in Australian automotive industry: An analysis of trade and productivity performance: 1962-2008

Lionel Bopage, Kishor Sharma

    Research output: Contribution to journalArticlepeer-review

    3 Citations (Scopus)
    23 Downloads (Pure)

    Abstract

    This article investigates the effects of policy liberalization on structural change in the Australian automotive industry, with a focus on trade and productivity performance. While there has been a rise in exports and imports, productivity fell significantly following policy liberalization. The absolute fall in productivity appears to have been linked with the excess production capacity and higher production costs. The post-liberalization fall in productivity may signal the beginning of a turnaround, but only if the cost of production is significantly reduced through further reforms.
    Original languageEnglish
    Pages (from-to)447-460
    Number of pages14
    JournalGlobal Business Review
    Volume15
    Issue number3
    DOIs
    Publication statusPublished - Sept 2014

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