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The Effects of a Booming Export Industry on the Rest of the Economy

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  • NGO VAN LONG

Abstract

It is argued that the roles of relative factor intensity and of the degree of factor mobility have been neglected in models of booming export industries. This paper shows that, contrary to popular beliefs. the mineral export boom may result in (a) an expansion of all industries, (b) an increase in the profitability of the traditional tradeables sector, and(c) a fall in the relative price of non‐tradeables.

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  • Ngo Van Long, 1983. "The Effects of a Booming Export Industry on the Rest of the Economy," The Economic Record, The Economic Society of Australia, vol. 59(1), pages 57-60, March.
    • Handle: RePEc:bla:ecorec:v:59:y:1983:i:1:p:57-60
    DOI: 10.1111/j.1475-4932.1983.tb00580.x
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    References listed on IDEAS

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    1. Kemp, Murray C & Long, Ngo Van, 1979. "International Trade with an Exhaustible Resource: A Theorem of Rybczynski Type," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 20(3), pages 671-677, October.
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    Cited by:

    1. Yihui Lan, 2003. "The Long-Term Behaviour of Exchange Rates, Part II: Aspects of Exchange-Rate Economics," Economics Discussion / Working Papers 03-06, The University of Western Australia, Department of Economics.
    2. Ye, Qiang, 2008. "Commodity booms and their impacts on the Western Australian economy: The iron ore case," Resources Policy, Elsevier, vol. 33(2), pages 83-101, June.
    3. Clements, Kenneth W. & Ahammad, Helal & Qiang, Ye, 1996. "New mining and mineral-processing projects in Western Australia: Effects of employment and the macro-economy," Resources Policy, Elsevier, vol. 22(4), pages 293-346, December.
    4. Abdulaziz Hamad Algaeed, 2017. "Oil Price Fluctuations and the Future of Saudi Arabian Non-Oil Traded Sector: An Empirical Investigation," Journal of Economics and Behavioral Studies, AMH International, vol. 9(4), pages 217-229.
    5. repec:ags:aare16:235308 is not listed on IDEAS

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