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The CER in Action: A Closer Look at Australia-NZ Trade Flows Since 1983

Author

Listed:
  • M. A. B. Siddique

    (Business School (Economics), The University of Western Australia)

  • Srikanta Chatterjee

    (Department of Applied and International Economics, Massey University)

Abstract

This paper employs statistical and analytical methods to examine the manner in which trade between Australia and New Zealand has developed since the Closer Economic Relations (CER) Agreement of 1983. The strength and weaknesses of their economic structures are highlighted through the examination of the evolution of mutual trade and trade with the world, as well as the changes thereto over time. Empirical analysis finds that the nature of economic reforms in both countries have affected their mutual and global trade relationships and policy directives have been drawn from the findings.

Suggested Citation

  • M. A. B. Siddique & Srikanta Chatterjee, 2002. "The CER in Action: A Closer Look at Australia-NZ Trade Flows Since 1983," Economics Discussion / Working Papers 02-18, The University of Western Australia, Department of Economics.
    • Handle: RePEc:uwa:wpaper:02-18
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    References listed on IDEAS

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    1. Jayant Menon & Peter B. Dixon, 1994. "How Important is Intra-Industry Trade in Australia's Rapid Trade Growth?," Centre of Policy Studies/IMPACT Centre Working Papers g-110, Victoria University, Centre of Policy Studies/IMPACT Centre.
    2. Drysdale, Peter & Garnaut, Ross, 1982. "Trade Intensities and the Analysis of Bilateral Trade Flows in a Many-Country World : A Survey," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 22(2), pages 62-84, February.
    3. Alan Bollard, 1986. "The Economic Relations Agreement Between Australia and New Zealand: A Tentative Appraisal," Journal of Common Market Studies, Wiley Blackwell, vol. 25(2), pages 89-107, December.
    4. Jayant Menon & Peter Dixon, 1996. "How important is intra-industry trade in trade growth?," Open Economies Review, Springer, vol. 7(2), pages 161-175, April.
    5. Jayant Menon, 1994. "Trade Liberalisation, Closer Economic Relations and Intra‐Industry Specialisation," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 27(2), pages 31-42, April.
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