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External influences on output: an industry analysis

de Brouwer, Gordon; Romalis, John


The correlation of Australian output with that of the OECD, and the United States in particular, has been well documented. This paper explores foreign linkages by looking at the production side of the national accounts for Australia and the United States, which is often characterised as the country at the technological frontier. Industrial structures in the two countries are broadly similar, and about two-thirds of Australian output is found to be linked to that of the United States. The US...[Show more]

CollectionsANU Research Publications
Date published: 1996
Type: Working/Technical Paper


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