The Centre was established in 1989 by the Economics Department of the Adelaide University to strengthen teaching and research in the field of international economics and closely related disciplines. Its specific objectives are: • to promote individual and group research by scholars within and outside the Adelaide University • to strengthen undergraduate and postgraduate education in this field ...

This paper establishes a causal link between the dollar exchange rate and international trade flows, employing new instrument for U.S. Dollar that is based on domestic housing activity (Ma Zhang (2019)). In line with dominant currency paradigm (Gopinath et al. (2020)), import prices quantities respond strongly to country’s dollar. Once we dollar, find evidence perfect pass-through of prices. A ...

Car prices in Europe are characterized by large and persistent di®erences across countries. The purpose of this paper is to document and explain this price dispersion. Using a panel data set extending from 1980 to 1993, we ̄rst demonstrate two main facts concerning car prices in Europe: (1) The existence of signi ̄cant di®erences in quality adjusted prices across countries, with Italy and the U....

Indonesia is the world’s largest importer of its staple food, rice. This commodity accounts for large shares of both consumers’ budgets and total employment. Since the economic crisis of 1998, rice import policy has become increasingly protectionist and since early 2004, imports have been officially banned. Advocates of this policy have claimed that by raising domestic rice prices it reduces po...

Rapidly declining gasoline prices from their record high during the summer of 2008, while ethanol prices remained relatively high, made it difficult for many bio-fuel policy modelers to fully explain the impacts of U.S. bio-fuel policies on fuel prices. Using profitmaximization models for blenders, refiners, and distillers, we conduct a comparative static analysis to measure the relative magnit...

Indonesia is the world's fourth most populous country, trailing only China, India, and United States, with a population of 276,361,788 people. Efforts to fulfill demand for rice as staple food are concerning. The policies established by Ministry Agriculture Trade do not match. carries out pro-rice production policy. import This study included both descriptive quantitative analysis. type data us...