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What can we learn about industries’ vulnerability to overseas price shocks from Merchandise trade data in BLADE?
Conference paper
This paper by Melisa Bubonya, Catherine de Fontenay, Tyler Reysenbach, Phillip Smith and James Thiris was published on this website on 23 June 2023.
The paper was presented by Michael Brennan, Productivity Commission Chair, to the Australian Bureau of Statistics and Reserve Bank of Australia joint conference on Underneath the headlines: Understanding price change in the Australian economy held 22–23 May 2023.
The paper introduces an alternative Australian dataset that provides insight into the use of inputs in different industries, and the likely impact of a cost shock on each of those industries.
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- What can we learn about industries’ vulnerability to overseas price shocks from Merchandise trade data in BLADE? (PDF - 1.3 MB)
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The Commission has developed a framework to identify supply chains that are vulnerable to disruption, and applied it to Australian imports and exports. The Commission has also identified strategies to manage supply chain risks and the circumstances under which government might intervene.