What Happened to Australia's Productivity Surge?
"Australia's productivity has grown 1 percentage point per year slower in the current decade than in the 1990s. This article shows that almost one-half of the slowdown is related to unusual developments in the mining industry, the effects of drought and the overstatement of productivity growth in the 1990s. Part of the remainder might be as a result of a combination of slower technological change, unmeasured declines in labour quality, the diminishing effects of past reforms and the increasing profitability of Australian firms." Copyright (c)2009 The University of Melbourne, Melbourne Institute of Applied Economic and Social Research.
Year of publication: |
2009
|
---|---|
Authors: | Dolman, Ben |
Published in: |
Australian Economic Review. - Melbourne Institute of Applied Economic and Social Research (MIAESR). - Vol. 42.2009, 3, p. 243-263
|
Publisher: |
Melbourne Institute of Applied Economic and Social Research (MIAESR) |
Saved in:
freely available
Saved in favorites
Similar items by person
-
What happened to Australia's productivity surge?
Dolman, Ben, (2009)
-
Can Australia match US productivity performance?
Dolman, Ben, (2007)
-
Migration, trade and investment
Dolman, Ben, (2008)
- More ...