IDEAS home Printed from https://ideas.repec.org/a/sae/ecolab/v2y1991i2p131-142.html
   My bibliography  Save this article

Australian Economic Growth: A Structural Perspective (A Preliminary Report)

Author

Listed:
  • Joseph Halevi
  • Peter Kriesler

Abstract

In this paper we argue that Australia's current economic problems are not just the result of our being at the bottom of the cycle, but rather reflect a longer term decline. The reasons for this decline are located in structural problems relating to the decline of the industrial sector and the increasing unreliability of the export sector. We view industry as the core sector which generates technology and growth. Within the industrial sector, capital goods producing industries are the ‘hot bed’ (so to speak) of structure change and technical progress. Australia has let these industries decline. As a result, traditional remedies in the form of either demand management policies or ‘waiting for the world recovery’ will not be enough. In fact, recent economic policies, rather than being a panacea, have exacerbated the problem.

Suggested Citation

  • Joseph Halevi & Peter Kriesler, 1991. "Australian Economic Growth: A Structural Perspective (A Preliminary Report)," The Economic and Labour Relations Review, , vol. 2(2), pages 131-142, December.
    • Handle: RePEc:sae:ecolab:v:2:y:1991:i:2:p:131-142
    DOI: 10.1177/103530469100200207
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/103530469100200207
    Download Restriction: no
    File URL: https://libkey.io/10.1177/103530469100200207?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. F.H. Gruen, 1986. "How Bad is Australia's Economic Performance and Why?," The Economic Record, The Economic Society of Australia, vol. 62(2), pages 180-193, June.
    2. repec:bla:ecorec:v:62:y:1986:i:177:p:180-93 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ian Castles, 1995. "Measuring Economic Progress," RBA Annual Conference Volume (Discontinued), in: Palle Andersen & Jacqueline Dwyer & David Gruen (ed.),Productivity and Growth, Reserve Bank of Australia.
    2. N. Kakwani & K. Subbarao, 1993. "Are Low Income Countries Catching up or Falling Further Behind? Evidence from Income and Demographic Indicators," The Economic and Labour Relations Review, , vol. 4(1), pages 98-119, June.
    3. Philip Lowe, 1992. "The Impact of Real and Nominal Shocks on Australian Real Exchange Rates," RBA Research Discussion Papers rdp9201, Reserve Bank of Australia.
    4. Pierre N. V. Tu, 1991. "Migration: Gains or Losses?," The Economic Record, The Economic Society of Australia, vol. 67(2), pages 153-157, June.
    5. Andrew Marks & Mehdi Sadeghi, 1998. "Testing the Olson Hypothesis within the Australian Context," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 31(2), pages 130-144, June.
    6. Feridun, M., 2004. "Does inmigration have an impact on economic development and unemployment?. Empirical evidence from Finland(1981-2001)," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 1(3), pages 39-60.
    7. John Quiggin, 1995. "Discussion of 'Measuring Economic Progress'," RBA Annual Conference Volume (Discontinued), in: Palle Andersen & Jacqueline Dwyer & David Gruen (ed.),Productivity and Growth, Reserve Bank of Australia.
    8. Farhad Rassekh, 1998. "The Convergence Hypothesis: History, Theory, and Evidence," Open Economies Review, Springer, vol. 9(1), pages 85-105, January.
    9. Collins, David J., 1988. "Fringe Benefits Taxation and the Rural Sector," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 56(01), pages 145-145, April.
    10. Steve Dowrick, 1995. "The Determinants of Long-Run Growth," RBA Annual Conference Volume (Discontinued), in: Palle Andersen & Jacqueline Dwyer & David Gruen (ed.),Productivity and Growth, Reserve Bank of Australia.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:ecolab:v:2:y:1991:i:2:p:131-142. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.