SOME IMPLICATIONS OF THE GROWTH OF THE MINERAL SECTOR

The rapid growth of Australian mineral exports, through its effect on the balance of payments, is a significant force for structural change in other sectors. From the viewpoint of the rural sector which exports and the manufacturing sector which competes with imports, this force will be similar to that which would flow from very large tariff changes. Consequently, by observing the adjustments of the rural and manufacturing sectors to the rapid growth of mineral exports, it is possible to calculate indirect estimates of the effect of the Australian tariff on them. It is calculated that the mineral discoveries have had a much greater effect on these sectors than the recent across the board 25 per cent general reduction of tariffs.


Issue Date:
1976-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/22682
Published in:
Australian Journal of Agricultural Economics, Volume 20, Number 2
Page range:
71-91
Total Pages:
21




 Record created 2017-04-01, last modified 2017-08-24

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