 What Do We Know About the Productivity Slowdown? Evidence from Australian Industry DataInternational Productivity Monitor, 2018, vol. 35, 149-156 Abstract: The productivity slowdown across industrialised countries since around 2004 is a topic of much interest to academic researchers and policy makers alike. As we search for explanations for the slowdown, it is useful to consider what the performance has been at the industry level. This article provides some evidence and perspectives from official Australian industry-level data. While industries have experienced different productivity growth profiles since 1989-90, they all experienced a slowdown after 2003-04. A rise in inefficiency may be one source of this slowdown. Some suggestions for future research directions that may provide a deeper understanding of productivity growth are suggested, in the spirit of a slowdown being too valuable to waste. Keywords: multi-factor; industries; Australia; productivity; inefficiency (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:sls:ipmsls:v:35:y:2018:8 Ordering information: This journal article can be ordered from Access Statistics for this article International Productivity Monitor is currently edited by Andrew Sharpe, Executive Director More articles in International Productivity Monitor from Centre for the Study of Living Standards 170 Laurier Ave. W, Suite 604, Ottawa, ON K1P 5V5. Contact information at EDIRC. |
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