A tale of two cities: Cyclical movements in price and productivity in mining and manufacturing
Data from the mining and manufacturing sectors of the Australian and Canadian economies are used to illustrate the divergent cyclical behaviour of prices and productivity. Productivity in manufacturing is observed to move in the same direction as demand shocks. The opposite is found in mining. Why?
Year of publication: |
2008
|
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Authors: | Bloch, Harry |
Publisher: |
School of Economics and Finance |
Saved in:
freely available
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