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Category: International trade

Beef with knock-back of Kidman sale: a lost foreign direct investment opportunity – Christopher Findlay & Paul Kerin

In their article in The Weekend Australian, Christopher Findlay and Paul Kerin argue that the Federal Treasurer’s rejection of the sale of the S. Kidman & Co. cattle stations to a consortium 80% backed by private Chinese businesses has not been in Australia’s public interest. As well as forgoing the usual benefits that foreign direct […]

Posted in Business economics, Christopher Findlay, Economic growth, Economic reform, Economic regulation, International trade, Paul Kerin, Public policy | Tagged |

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Free trade gains even greater when allow for employment effects – Benedikt Heid

An article co-authored by the School of Economics’ latest recruit Benedikt Heid has just been published in the leading economics journal, the Journal of International Economics. The article estimates the gains to countries from trade liberalisation when employment effects are explicitly allowed for. For example, the article estimates that the US-Australia Free Trade Agreement (FTA) […]

Posted in Business economics, Economic growth, Economic reform, Economic research, International trade, Paul Kerin, Public policy | Tagged |

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Australia’s beef with Chinese Investment – Christopher Findlay

The $371m bid for the Kidman cattle properties by Dakang Australia (80% Chinese owned) was knocked back in late April by the Federal Treasurer, according to the current policy to review foreign purchases of agricultural land. Australia is a host of foreign director investment (FDI) in many sectors of the economy.  Annual FDI (net) inflows […]

Posted in Business economics, Christopher Findlay, Economic reform, International trade, Public policy | Tagged |

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Does trade promote economic growth?

Last Thursday night, the School of Economics’ Nic Sim gave a fascinating public lecture titled: “Does international trade lead to greater economic development? Evidence from less developed countries”. The lecture was part of the Faculty of the Professions’ Research 21 Public Lecture series. The short answer to Nic’s question is: YES. Based on empirical estimates, […]

Posted in Economic growth, International trade, Paul Kerin, Public policy | Tagged |

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