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The Slowdown In Australian Productivity Growth: Some Aggregated And Disaggregated Evidence

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  • Phipps, A.
  • Sheen, J.
  • Wilkins, C.

Abstract

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.

Suggested Citation

  • Phipps, A. & Sheen, J. & Wilkins, C., 1992. "The Slowdown In Australian Productivity Growth: Some Aggregated And Disaggregated Evidence," Working Papers 175, University of Sydney, School of Economics.
  • Handle: RePEc:syd:wpaper:2123/7532
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    File URL: http://hdl.handle.net/2123/7532
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    Cited by:

    1. 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.
    2. Philip Lowe, 1995. "Labour-productivity Growth and Relative Wages: 1978-1994," RBA Research Discussion Papers rdp9505, Reserve Bank of Australia.

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