Interstate Differences on Economic Growth Rates in Australia, 1953-54 to 1990-91

P Harris and D Harris
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P Harris: James Cook University, Townsville, QLD
D Harris: Monash University, Melbourne, VIC

Economic Analysis and Policy, 1992, vol. 22, issue 2, 129-148

Abstract: This paper examines interstate differences in economic growth rates in Australia over the period 1953-54 to 1990-91 using a six State classification (with ACT included in New South Wales and the Northern Territory in South Australia). The economic growth rate is measured by the increase in constant price gross state product at factor cost (GSP) per head of population over time, using three year moving averages of GSP and population to remove some of the annual fluctuations in the data. The analysis shows substantial differences among the States in their performance over this period. Despite these differences, however, New South Wales and Victoria (except for one year) had real GSP per head above the national mean for all years; while Queensland, South Australia and Tasmania had real GSP per head below the national mean for all years. In Western Australia GSP per head was below the national mean until 1967-68 and above the national mean in subsequent years. The extent to which the GSP per head in the States differed from the national mean also showed considerable variability over the period.

Date: 1992
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