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References (3)
-
R. Snape (1972)
Policy Implications of Capital InflowAustralian Economic Review, 5
-
R. Gregory, L. Martin (1976)
An Analysis of Relationships Between Import Flows to Australia and Recent Exchange Rate and Tariff ChangesEconomic Record, 52
-
P. Lloyd (1975)
TARIFF COMPENSATION: AN UNDESIRABLE POLICYAustralian Journal of Agricultural and Resource Economics, 19
- Publisher
- Wiley
- Copyright
- Copyright © 1977 Wiley Subscription Services, Inc., A Wiley Company
- ISSN
- 1364-985X
- eISSN
- 1467-8489
- DOI
- 10.1111/j.1467-8489.1977.tb00206.x
- Publisher site
- See Article on Publisher Site
Abstract
The Industries Assistance Commission and the Green Paper on Rural Policy support different protection strategies. Both strategies allow the achievement of a pattern of protection consistent with Pareto‐efficiency. The Green Paper on Manufacturing proposed an approach to tariffs that would perpetuate inefficient resource allocation. The argument of the lAC and the Green Papers on protection policy is examined. A programme of across the board reductions in protection leading to free trade, modified for terms of trade effects, is suggested. It is also argued that initial increases in assistance for low cost industries are not inconsistent with such a programme.
Journal
The Australian Journal of Agricultural Resource Economics – Wiley
Published: Dec 1, 1977