Skip to main content
padlock icon - secure page this page is secure

‘Riding on the Sheep’s Back’: Examining Australia’s Dependence on Wool Exports

Buy Article:

$52.00 + tax (Refund Policy)

This paper examines the influence of the wool export cycle on the business cycle in Australia over the period 1862–1995. Nonparametric statistical methods are used to examine various attributes of the relationship between the wool export cycle and the business cycle. Our results support the view that while the wool export cycle was in synchronisation with the business cycle prior to the First World War, after the War wool exports no longer played a dominant role in the evolution of the business cycle. In addition, while the wool export cycle became more volatile after the War, the business cycle became more stable.
No References
No Citations
No Supplementary Data
No Article Media
No Metrics

Document Type: Original Article

Affiliations: 1: Research Department, International Monetary Fund, Washington DC, USA, 2: National Bank of New Zealand, Wellington, New Zealand

Publication date: September 1, 2002

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more