What Happened to Australia's Productivity Surge?

Dolman, Ben

doi:10.1111/j.1467-8462.2009.00556.x

Abstract

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What Happened to Australia's Productivity Surge?

Ben Dolman

Government of the Commonwealth of Australia - Productivity Commission

2009-04

Australian Economic Review, Vol. 42, Issue 3, pp. 243-263, September 2009

Abstract:
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.

Number of Pages in PDF File: 21

Accepted Paper Series

Date posted: October 8, 2009

Suggested Citation

Dolman, Ben, What Happened to Australia's Productivity Surge? (2009-04). Australian Economic Review, Vol. 42, Issue 3, pp. 243-263, September 2009. Available at SSRN: http://ssrn.com/abstract=1483962 or http://dx.doi.org/10.1111/j.1467-8462.2009.00556.x

Contact Information

Ben Dolman (Contact Author)

Government of the Commonwealth of Australia - Productivity Commission ( email )

Level 28
35 Collins St.
Melbourne, Victoria, Victoria 3000
Australia