Abstract
Textile and clothing industries comprise a group of industries which have exhibited trends common to many industrialised countries. Increasing competition from the Newly-industrialised Countries (NICs) in particular has raised the share of the market held by imported supplies. Changes in technological processes and in fashion have forced other major adjustments upon producers in the group. Governments have responded to these pressures by increasing the level of government assistance to the industries. (See Keesing and Wolf, 1980.) Thus the group provides an example of industries which have been subject to higher-than-average competitive pressures for structural adjustments and of the government response to these pressures.
I am indebted to the Australian Bureau of Statistics for supplying unpublished series of import prices and of the value of fixed tangible assets and to the Industries Assistance Commission for estimating rates of protection for 1973–4.
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© 1985 International Economic Association
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Lloyd, P.J. (1985). The Australian Textile and Clothing Industry Group: Untoward Effects of Government Intervention. In: Jungenfelt, K., Hague, D. (eds) Structural Adjustment in Developed Open Economies. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-17919-0_15
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DOI: https://doi.org/10.1007/978-1-349-17919-0_15
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