Slowing Productivity Growth - A developed economy

Christine Carmody
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Christine Carmody: Treasury, Government of Australia

Economic Roundup, 2013, issue 2, 57-78

Abstract: Developed economies have experienced slowing productivity growth in recent decades. Potential common drivers include falling rates of innovation, the fading impacts of ICT and past economic reforms, and shifting economic activity to lower productivity sectors. These are argued to have had varying degrees of influence on country performance, tempered by domestic factors. The latter appear to play an important role in the case of Australia.

Keywords: Innovation; technological change; reform; economic growth; information and communications technology; ICT (search for similar items in EconPapers)
JEL-codes: D24 F01 O30 O40 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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