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Hopkins, S.; Lewis, Philip E.T.. |
The concept of competitiveness develops and amplifies the older concept of comparative advantage. It is based on factors which influence domestic prices of inputs and outputs as compared with foreign competitor's prices of the same inputs and outputs. Usually national statistics of the ratio of domestic and foreign prices (adjusted by the exchange rate) are compared in the form of the real rate of exchange. The factors concerned are changes in internal and external inflation rates, changes in exchange rates, changes in productivity, changes in microeconomic efficiency, and changes in protection. In recent years the real rate of exchange for Australian agriculture has varied considerably as internal prices and costs have fluctuated about international... |
Tipo: Journal Article |
Palavras-chave: International Relations/Trade. |
Ano: 1996 |
URL: http://purl.umn.edu/12359 |
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Lewis, Philip E.T.; Hall, Nigel H.; Savage, C.R.; Kingston, A.G.. |
The concept and measurement of the cost of capital is developed to include particularly the role of taxation in investment behaviour. The relative importance of factors influencing investment in plant and machinery is examined for five sectors which make up the broadacre industry of Australia. It is shown that residual funds are important in determining plant and machinery investment, but not through the normally hypothesised channels. It is not the increased liquidity from increased income which raises investment, but the fall in the cost of capital, which is associated with the marginal rate of tax. |
Tipo: Journal Article |
Palavras-chave: Public Economics. |
Ano: 1988 |
URL: http://purl.umn.edu/22919 |
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Brewis-Weston, Symon G.; Lewis, Philip E.T.. |
Australian pig producers, facing a limited domestic market, need to make inroads into export markets. The predominantly Chinese city state of Singapore provides the potential to be a valuable source of demand. The distribution system in Singapore is considered from the perspective of a potential entrant. The potential for Australian producers to take advantage of the Singapore markets are examined, together with the likely impediments to achieving this potential. |
Tipo: Journal Article |
Palavras-chave: International Relations/Trade. |
Ano: 1996 |
URL: http://purl.umn.edu/12300 |
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