Research Discussion Paper – RDP 9312 A Re-examination of the Determinants of Australia's Imports

Contents

• Introduction
• Trends in Import Penetration
• The Conceptual Framework
• Data
• Estimation of Demand for Imports
• Conclusion
• Appendix 1: Data
• Appendix 2: Time Series Properties of the Data
• Appendix 3: Results
• References

The authors are especially grateful to Steve Grenville and Adrian Blundell-Wignall for motivating the research. The paper has also benefited from many helpful comments by Michele Bullock, Philip Lowe and Jenny Wilkinson, and from technical assistance provided by Alexandra Heath and Andrew Pease. Any errors are ours alone. The views expressed herein are those of the authors and do not necessarily reflect the views of the Reserve Bank of Australia.