A Contribution on the Empirics of Trade, Migration and Economic Growth for Australia and Canada

Bodman, Philip M. (1998) A Contribution on the Empirics of Trade, Migration and Economic Growth for Australia and Canada. , 12 3: 41-62.


Author Bodman, Philip M.
Title A Contribution on the Empirics of Trade, Migration and Economic Growth for Australia and Canada
Publication date 1998
Sub-type Article
DOI 10.1080/10168739800000028
Volume number 12
Issue number 3
ISSN 1016-8737
1743-517X
Start page 41
End page 62
Total pages 22
Place of publication Seoul, Korea
Publisher Taylor and Francis for Korea International Economic Association
Language eng
Subject 140305 Time-Series Analysis
140202 Economic Development and Growth
Abstract This paper examines the long-run dynamic relationship between openness, migration and economic growth for Australia and Canada through the estimation of a long-run aggregate production function for each economy using the Johansen (1988) procedure. Through the disaggregation of the capital input vector entering into each cointegrating relationship, the paper also provides new evidence concerning the importance of human capital, dwelling capital, government infrastructure capital and research and development capital for long-run economic growth. The estimates from the empirical analysis suggest that net migration, openness and integration favours the productivity and growth performance of both Australia and Canada, although the magnitude of these relationships is not large.
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Unknown

Document type: Journal Article
Sub-type: Article
Collection: School of Economics Publications
 
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Created: Thu, 08 Jul 2010, 11:10:16 EST by Laura McTaggart on behalf of Faculty of Business, Economics & Law