THE SLOWDOWN IN AUSTRALIAN PRODUCTIVITY GROWTH: SOME AGGREGATED AND DISAGGREGATED EVIDENCE

The decline in Australian aggregate labour productivity growth in the 1980's was closely associated with a fall in capital intensity. While many believe that real wage restraint was the explanation for these aggregate outcomes, this paper examines the data disaggregated to an industry level to see whether industrial composition changes can refute the factor substitution argument.

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Year of publication:	1992-04
Authors:	Phipps, A. ; Sheen, J. ; Wilkins, C.
Institutions:	School of Economics, Faculty of Arts and Social Sciences

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Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series University of Sydney Economics Discussion Papers Number 175
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009142041