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The Direction of Australian Investment from 1985/86 to 1988/89

Author

Listed:
  • Christopher Kent

    (Reserve Bank of Australia)

  • Patricia Scott

    (Reserve Bank of Australia)

Abstract

Using unpublished data at a disaggregated level, this paper provides a detailed picture of the direction of investment over the 1985/86 to 1988/89 investment boom. Most of the growth in non-farm capital expenditure has been concentrated in a few industries, in particular, office construction. We also calculate an improved measure of the proportion of manufacturing investment which was directed towards tradeable capacity. This shows a modest rise in the latter part of the period studied.

Suggested Citation

  • Christopher Kent & Patricia Scott, 1991. "The Direction of Australian Investment from 1985/86 to 1988/89," RBA Research Discussion Papers rdp9106, Reserve Bank of Australia.
  • Handle: RePEc:rba:rbardp:rdp9106
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    File URL: https://www.rba.gov.au/publications/rdp/1991/pdf/rdp9106.pdf
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    References listed on IDEAS

    as
    1. G. A. Wood & P. E. T. Lewis & R. Petridis, 1991. "Has Investment in Australia's Manufacturing Sector Become More Export Oriented?," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 24(2), pages 13-19, April.
    2. Tracey Horton & Jenny Wilkinson, 1989. "An Analysis of the Determinants of Imports," RBA Research Discussion Papers rdp8910, Reserve Bank of Australia.
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