About
Susan Stone is a Professor and Chair of Economics at the Business School of the University of South Australia (UniSA), based at City West Campus (WL5-33). Her research focuses on international trade policy with emphasis on localization barriers and non-tariff measures, collaborating with institutions like the OECD and University of Hohenheim.
Her work investigates economic impacts of trade policies including local content requirements (LCRs), technical barriers to trade (TBT), and sanitary/phytosanitary (SPS) measures. She examines how these policies affect global trade flows, domestic industries, and economic growth, particularly in agricultural and technology sectors, using quantitative analysis to measure trade costs and GDP effects.
Stone's publications reveal consistent patterns: localization measures often yield negative net economic outcomes despite sector-specific benefits, with complex LCRs increasing trade costs by up to 15%. Her research demonstrates that while some measures like labeling requirements have low trade costs, most localization policies ultimately reduce overall economic output and trade volumes.
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