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What Should We Expect of Microeconomic Reform?

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  • Ross Chapman

Abstract

This paper examines recent attempts to quantify the effects of some major microeconomic reforms on the Australian economy. These micro reforms improve competitiveness. Such measures, however, would apparently do little to raise the share of the manufacturing sector in national product despite induced improvements in competitiveness. The relationship between micro reform and the balance of payments is explored. Some attempts to measure the impact of specific micro reform on the environment are also analysed.

Suggested Citation

  • Ross Chapman, 1990. "What Should We Expect of Microeconomic Reform?," The Economic and Labour Relations Review, , vol. 1(2), pages 1-17, December.
    • Handle: RePEc:sae:ecolab:v:1:y:1990:i:2:p:1-17
    DOI: 10.1177/103530469000100201
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    References listed on IDEAS

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    1. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
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