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Economic growth in Australia: globalisation, trade and foreign direct investment

Author

Listed:
  • Michael Thorpe
  • Nuno Carlos Leitão

Abstract

Economic growth in Australia has outperformed that in most other OECD countries over the past couple of decades. This paper investigates the factors contributing to economic growth in Australia over the period 1986-2007. Particular focus is placed on the impact of external linkages. A major objective is to incorporate explanatory variables based on Dreher (2006) which capture different dimensions of globalisation; an overall index of globalisation is used along with sub-indices reflecting economic, social and political influences. A dynamic panel data approach (GMM-System) is employed.

Suggested Citation

  • Michael Thorpe & Nuno Carlos Leitão, 2014. "Economic growth in Australia: globalisation, trade and foreign direct investment," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 16(1), pages 75-86.
    • Handle: RePEc:ids:gbusec:v:16:y:2014:i:1:p:75-86
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    Citations

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    Cited by:

    1. Roussel, Yannick & Audi, Marc, 2024. "Exploring the Nexus of Economic Expansion, Tourist Inflows, and Environmental Sustainability in Europe," MPRA Paper 121529, University Library of Munich, Germany.
    2. Nuno Carlos Leitão & Muhammad Shahbaz, 2016. "Economic Growth, Tourism Arrivals and Climate Change," Bulletin of Energy Economics (BEE), The Economics and Social Development Organization (TESDO), vol. 4(1), pages 35-43, March.
    3. Attila Jambor & Nuno Carlos Leitao, 2017. "Economic Growth and Sustainable Development: Evidence from Central and Eastern Europe," International Journal of Energy Economics and Policy, Econjournals, vol. 7(5), pages 171-177.

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