Patrick D’Arcy; Gustafsson, Linus - In: RBA Bulletin (2012) June, pp. 23-36
In the medium to long run, the growth of real income depends largely on productivity growth. Australia’s trend … productivity growth declined noticeably in the 2000s compared with the period of strong growth in the 1990s. However, the effect of … the decline in productivity growth on per capita real income growth has been offset by the boost to incomes from a rise in …