Growth in ETM exports has been very high over the past quarter of a century. This thesis examines whether an augmented Export-Led-Growth hypothesis, which only accounts for ETM exports, is applicable in Australia. It follows closely with the work of Moosa, Krueger (Anne), as well as many other studies about Export led growth.
Whilst many overseas publications look at the impact of Manufactured exports as an engine of growth, the term "ETM" is rarely used outside of Australia. Many of these overseas studies point to a strong correlation between ETM export growth and GDP growth. Few studies have been written about Australia.
This thesis will also study whether the government should intervene to increase ETM exports. The data analysis tests for the effect of government pro-ETM-export policies on GDP growth. A thorough examination of consequences of the results will ensue.