Estimating the Benefits of Hilmer and Related Reforms

John Quiggin ()

CEPR Discussion Papers from Centre for Economic Policy Research, Research School of Social Sciences, Australian National University

Abstract: In a recent report (IC 1995a) the Industry Commission (IC) estimates that the implementation of the Hilmer Report and related reforms will yield a GDP gaim of around 5.4 per cent. In this paper, assumption are subject to a detailed critique. It is argued that most of the estimated productivity gains are grossly over-optimistic, representing upper bounds of possible achievement rather than likely outcomes. Furthermore, it is argued that the dominant flow-on effects of microeconomic reform will be negative, arising from the fact that at least some of the workers directly displaced by reform will permanently displaced from the employed labour force.

Keywords: PRODUCTIVITY; EVALUATION; ECONOMIC REFORM (search for similar items in EconPapers)
JEL-codes: D24 D78 N47 N56 (search for similar items in EconPapers)
Date: 1995
View citations in EconPapers

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Estimating the Benefits of Hilmer and Related Reforms (1997)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:auu:dpaper:338

Access Statistics for this paper

More papers in CEPR Discussion Papers from Centre for Economic Policy Research, Research School of Social Sciences, Australian National University
Contact information at EDIRC.
Series data maintained by Drew Treasure ().