What Do We Know About the Productivity Slowdown? Evidence from Australian Industry Data
The productivity slowdown across industrialised countries since around 2004 is a topic of much interest to academic researchers and policy makers alike. As we search for explanations for the slowdown, it is useful to consider what the performance has been at the industry level. This article provides...
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Online Access: | http://www.csls.ca/ipm/35/Fox.pdf |
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doaj-303c844d71714e3899f6ab9216dabeaf2020-11-25T03:56:14ZengCentre for the Study of Living StandardsInternational Productivity Monitor1492-97591492-97672018-09-0135149156What Do We Know About the Productivity Slowdown? Evidence from Australian Industry DataKevin Fox0University of New South Wales SydneyThe productivity slowdown across industrialised countries since around 2004 is a topic of much interest to academic researchers and policy makers alike. As we search for explanations for the slowdown, it is useful to consider what the performance has been at the industry level. This article provides some evidence and perspectives from official Australian industry-level data. While industries have experienced different productivity growth profiles since 1989-90, they all experienced a slowdown after 2003-04. A rise in inefficiency may be one source of this slowdown. Some suggestions for future research directions that may provide a deeper understanding of productivity growth are suggested, in the spirit of a slowdown being too valuable to waste.http://www.csls.ca/ipm/35/Fox.pdfproductivity slowdowneconomic productivityaustralian economy |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Kevin Fox |
spellingShingle |
Kevin Fox What Do We Know About the Productivity Slowdown? Evidence from Australian Industry Data International Productivity Monitor productivity slowdown economic productivity australian economy |
author_facet |
Kevin Fox |
author_sort |
Kevin Fox |
title |
What Do We Know About the Productivity Slowdown? Evidence from Australian Industry Data |
title_short |
What Do We Know About the Productivity Slowdown? Evidence from Australian Industry Data |
title_full |
What Do We Know About the Productivity Slowdown? Evidence from Australian Industry Data |
title_fullStr |
What Do We Know About the Productivity Slowdown? Evidence from Australian Industry Data |
title_full_unstemmed |
What Do We Know About the Productivity Slowdown? Evidence from Australian Industry Data |
title_sort |
what do we know about the productivity slowdown? evidence from australian industry data |
publisher |
Centre for the Study of Living Standards |
series |
International Productivity Monitor |
issn |
1492-9759 1492-9767 |
publishDate |
2018-09-01 |
description |
The productivity slowdown across industrialised countries since around 2004 is a topic of much interest to academic researchers and policy makers alike. As we search for explanations for the slowdown, it is useful to consider what the performance has been at the industry level. This article provides some evidence and perspectives from official Australian industry-level data. While industries have experienced different productivity growth profiles since 1989-90, they all experienced a slowdown after 2003-04. A rise in inefficiency may be one source of this slowdown. Some suggestions for future research directions that may provide a deeper understanding of productivity growth are suggested, in the spirit of a slowdown being too valuable to waste. |
topic |
productivity slowdown economic productivity australian economy |
url |
http://www.csls.ca/ipm/35/Fox.pdf |
work_keys_str_mv |
AT kevinfox whatdoweknowabouttheproductivityslowdownevidencefromaustralianindustrydata |
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