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The production function underlying standard estimates of multifactor productivity (MFP)typically restricts the list of … influences on output are captured by the MFP ‘residual.’ However in some industries – mining, agriculture, and utilities – output … of recent large negative changes in MFP growth in the mining, agriculture and utilities industries in Australia to …
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The objective of the report is to provide an overview of the main drivers of economic growth and the productivity … accounting methodology is applied to explain value added and labour productivity growth for the total economy, manufacturing and … contribution of these factors of production to economic and productivity growth. Contributions of the main industries to value …
Persistent link: https://www.econbiz.de/10005824758
cycles chosen to examine industry MFP growth can have a considerable effect on the interpretation of industry productivity …This staff working paper (by Paula Barnes) examines multifactor productivity growth cycles at the industry level in … performance over time.<p> Growth in productivity is a key determinant of long-term economic growth and hence income growth. As …
Persistent link: https://www.econbiz.de/10009493135
Skill and Australia’s Productivity Surge examines the changing demand for skills and the effect of increased skill on … productivity growth. It finds that Australia’s productivity surge post 1993-94 was mainly due to factors other than the increase in …
Persistent link: https://www.econbiz.de/10005556796
Australia has historically been Canada's poorer cousin. But a pick-up in productivity growth in the 1990s has raised … Australian living standards to Canadian levels. In this article, Dean Parham of the Australian Productivity Commission provides … an overview of Australian economic performance and the policy reforms that turned around Australia's laggard productivity …
Persistent link: https://www.econbiz.de/10005518963
The objective of this report is to provide an overview of the main drivers of economic growth and productivity … explain value added and labour productivity growth for total economy, manufacturing and market services. This decomposition …
Persistent link: https://www.econbiz.de/10005572337
productivity in the mid-1990s. The surge is attributed to programs of microeconomic reform that began in earnest with the floating … the float was characterized by relatively weak productivity growth, and macroeconomic performance that began well, but …
Persistent link: https://www.econbiz.de/10010910946
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