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A Decomposition of Changes in Labour Productivity in Australia: 1970-71 to 1989-90

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  • Dixon, Peter B
  • McDonald, Daina

Abstract

The authors show that business-cycle phenomena, climatic conditions, and industrial structure are important determinants of annual variations in Australia's labor productivity growth. Another finding is that Australia's productivity slowdown in the 1980s was associated with a reduction in capital growth per unit of labor. The methodology relies on production functions at the industry level. The authors analyze the sensitivity of results to the specification of these functions. Copyright 1992 by The Economic Society of Australia.

Suggested Citation

  • Dixon, Peter B & McDonald, Daina, 1992. "A Decomposition of Changes in Labour Productivity in Australia: 1970-71 to 1989-90," The Economic Record, The Economic Society of Australia, vol. 68(201), pages 105-117, June.
    • Handle: RePEc:bla:ecorec:v:68:y:1992:i:201:p:105-17
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    Cited by:

    1. Guest, Ross S. & McDonald, Ian M., 2001. "The volatility of the socially optimal level of investment," Journal of Policy Modeling, Elsevier, vol. 23(8), pages 901-928, November.
    2. Philip Lowe, 1995. "Labour-productivity Growth and Relative Wages: 1978-1994," RBA Research Discussion Papers rdp9505, Reserve Bank of Australia.
    3. Audi, Marc & Ali, Amjad, 2017. "Socio-Economic Development, Demographic Changes and Total Labor Productivity in Pakistan: A Co-Integrational and Decomposition Analysis," MPRA Paper 77538, University Library of Munich, Germany.
    4. Peter Demura, 1995. "Productivity Change in the Australian Steel Industry: BHP Steel 1982-1995," RBA Annual Conference Volume (Discontinued), in: Palle Andersen & Jacqueline Dwyer & David Gruen (ed.),Productivity and Growth, Reserve Bank of Australia.
    5. Menon, Jayant, 1998. "Total factor productivity growth in foreign and domestic firms in Malaysian manufacturing," Journal of Asian Economics, Elsevier, vol. 9(2), pages 251-280.
    6. Philip Lowe, 1995. "Labour-Productivity Growth and Relative Wages: 1978-1994," RBA Annual Conference Volume (Discontinued), in: Palle Andersen & Jacqueline Dwyer & David Gruen (ed.),Productivity and Growth, Reserve Bank of Australia.
    7. John E. Tilton, 2013. "Cyclical and Secular Determinants of Productivity in the Copper, Aluminum, Iron Ore, and Coal Industries," Working Papers 2013-11, Colorado School of Mines, Division of Economics and Business.

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