The Future of Australia's Productivity: Some Insights from Productivity Analysis
Published By: East Asian Bureau of Economic Research | Published Date: January, 01 , 2015The Productivity Commission program of studies on the productivity of different sectors — to date, Mining, Electricity, gas and water, and Manufacturing — provide some insight into what lies behind the past and current productivity performance. Three findings from this research have implications for long term productivity growth in Australia and, for this and other reasons for nominal GDP growth. While they don’t condemn Australia to a low productivity growth future, they point to the need for a more rigorous debate about how to stimulate income growth.
Author(s): Jenny Gordon | Posted on: Feb 29, 2016 | Views() | Download (174)