澳大利亚经济结构转型动态,1960-2020 *

IF 1.1 4区 经济学 Q3 ECONOMICS
Philip Chindamo, Vance L. Martin
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引用次数: 0

摘要

本文采用基于结构向量误差修正模型的动态长期一般均衡框架,研究了1960 - 2020年澳大利亚经济结构转型的影响因素。我们确定了三组冲击:通过总消费产生的需求冲击,由行业间相对价格变化引起的供给冲击,以及由观察到的与长期行业就业份额之间的偏差引起的冲击。实证结果强调了所有冲击在导致澳大利亚经济跨行业和跨时间结构转型中的重要性。结果表明,该方法在一系列灵敏度实验中是可靠的。
本文章由计算机程序翻译,如有差异,请以英文原文为准。

The Dynamics of Structural Transformation in Australia, 1960–2020*

The Dynamics of Structural Transformation in Australia, 1960–2020*

A dynamic long-run general equilibrium framework based on a structural vector error correction model is used to study the factors determining the structural transformation of the Australian economy from 1960 to 2020. Three sets of shocks are identified: demand shocks through aggregate consumption, supply shocks caused by changes in relative prices across industries, and shocks arising from deviations between observed and long-run industry employment shares. The empirical results highlight the importance of all shocks in causing the structural transformation of the Australian economy across industries and over time. The results are found to be robust to a range of sensitivity experiments.

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来源期刊
Economic Record
Economic Record ECONOMICS-
CiteScore
1.90
自引率
16.70%
发文量
51
期刊介绍: Published on behalf of the Economic Society of Australia, the Economic Record is intended to act as a vehicle for the communication of advances in knowledge and understanding in economics. It publishes papers in the theoretical, applied and policy areas of economics and provides a forum for research on the Australian economy. It also publishes surveys in economics and book reviews to facilitate the dissemination of knowledge.
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