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...

Full description

Bibliographic Details
Main Author: Kevin Fox
Format: Article
Language:English
Published: Centre for the Study of Living Standards 2018-09-01
Series:International Productivity Monitor
Subjects:
Online Access:http://www.csls.ca/ipm/35/Fox.pdf
id doaj-303c844d71714e3899f6ab9216dabeaf
record_format Article
spelling 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
_version_ 1724466224255991808