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Shaping comparative advantage

The evolution of trade and industry policy in Australia

Bibliographic Data

ID6234945
AuthorsAlan Fenna (0000-0002-3692-7954, Curtin University, corresponding author)
Year2016
Volume51
Issue4
Pages618-635
Publication date2016-10-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueAustralian Journal of Political Science (JOURNAL)
Journal identifiersISSN: 1036-1146 • E-ISSN: 1363-030X
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/10361146.2016.1239565
OpenAlexW2536530085
LanguageEN
Citations received5
References cited56

© 2016 Australian Political Studies Association. This paper provides an overview of Australia’s experience with trade and industry policy since Federation in light of the dilemmas facing a small, rich, remote, resource-based economy. It focuses on the attempt to diversify away from a dependence on the export of primary products and to move beyond – while still also continuing to exploit – the country’s natural comparative advantage. It examines the rise and decline, purpose and effects, of protectionism; moments of experimentation with interventionist industry policy; and effects of the mining boom. In doing so, it considers Australia’s particular economic circumstances and factor endowments in light of competing notions of comparative advantage and the appropriate role of government in promoting economic development and competitiveness

Boom · Business · Commercial policy · Comparative advantage · Economics · Exploit · Government (linguistics · Industrial policy · International economics · International trade · Political science · Protectionism · Engineering · Global trade and economics · Mining and Resource Management · Natural Resources and Economic Development

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Unique citing works5
Citations per year0,5
Citation span2016 - 2023 (8)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 5
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