Analysing the Terms of Trade Effect on GDP and Employment in the Presence of Low Real Unit Labour Costs
Analysing the Terms of Trade Effect on GDP and Employment in the Presence of Low Real Unit Labour Costs
Research paper
The research paper, Analysing the Terms of Trade Effect on GDP and Employment in the Presence of Low Real Unit Labour Costs, by Mark Zhang, Stuart Gourley and Franklin Soriano (Australian Bureau of Statistics) was released in conjunction with the presentation, The Relationship between GDP and Employment, by Mark Zhang to the Productivity Perspectives 2006 conference.
Contents
1 Introduction
2 Macroeconomic Variables in the Analysis
2.1 Real Gross Domestic Product
2.2 Employment and Real Unit Labour Costs
2.3 Terms of Trade
2.4 Domestic Final Demand
2.5 Exchange rates
2.6 Recent trends
3 Data
4 Methodology and Model Specification
5 Results
6 Concluding Remarks
References
Acknowledgements
Appendix
Download the research paper
Printed copies
This paper is available only on the website.
Printed copies
This publication is only available online.
Publications feedback
We value your comments about this publication and encourage you to provide feedback.