BALANCE OF TRADE ANALYSIS BASED ON WORLD INPUT-OUTPUT DATABASE: AUSTRALIAN ECONOMY 2000, 2005, 2010 AND 2014

Muchdie, Muchdie and S.Sumarso, Sumarso and M.Nurrasyidin, Nurrasyidin and Bagus Shandy NARMADITYA, NARMADITYA (2018) BALANCE OF TRADE ANALYSIS BASED ON WORLD INPUT-OUTPUT DATABASE: AUSTRALIAN ECONOMY 2000, 2005, 2010 AND 2014. Jurnal of Applied Economic Sciences, 13 (6). pp. 1678-1692. ISSN 2393-5162

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Abstract

Based on the World Input-Output Database, this paper calculates trade balance in Australian economy for the year 2000, 2005, 2010 and 2014. The results showed that, firstly, Australian export had increased significantly during 2000, 2005, 2010 and 2014. Secondly, Australian import had also increased significantly during the period. Important sectors and countries’ trade partners of Australian export and import were indicated. Thirdly, trade balances in Australian economy were surpluses in all years of study. Sectors and countries in which trade balances were deficits and surpluses have also been clearly indicated. There were 7 countries and 7 sectors in which Australian had experienced trade surpluses in all years; there were 7 countries and 17 sectors in which Australian had experienced trade deficits in all years of study.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
Depositing User: admin repository uhamka
Date Deposited: 31 Jan 2019 09:39
Last Modified: 31 Jan 2019 09:39
URI: http://repository.uhamka.ac.id/id/eprint/631

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