Sources of Australian Labour Productivity Change 1950–1994 Journal Article uri icon

Overview

abstract

  • This study examines sources of Australian labour productivity change from 1950 to 1994. Time‐series data are used to estimate a model capturing the interaction between labour productivity, fixed capital, human capital, telecommunications, trade openness and international competitiveness. Attention is given to the time‐series properties of these data. ADF tests for unit roots are employed, and the sensitivity of the tests to non‐linear transformations and structural breaks are considered. Estimates suggest that policies that promote investment, economic integration and international competitiveness will improve short‐run labour productivity. In the long run, fixed capital accumulation is the dominant source of productivity improvement.

publication date

  • December 1, 1998

has restriction

  • green

Date in CU Experts

  • July 12, 2014 10:42 AM

Full Author List

  • MADDEN G; SAVAGE SJ

author count

  • 2

Other Profiles

International Standard Serial Number (ISSN)

  • 0013-0249

Electronic International Standard Serial Number (EISSN)

  • 1475-4932

Additional Document Info

start page

  • 362

end page

  • 372

volume

  • 74

issue

  • 227