International comparison of industry productivity

Adam Young, Joann Wilkie, Robert Ewing and Jyoti Rahman
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Adam Young: Treasury, Government of Australia
Joann Wilkie: Treasury, Government of Australia
Robert Ewing: Treasury, Government of Australia
Jyoti Rahman: Treasury, Government of Australia

Economic Roundup, 2008, issue 3, 45-61

Abstract: The United States has long been considered the world’s productivity frontier, maintaining a sizeable aggregate productivity gap with Australia over the past quarter century. This paper finds that Australia’s industry structure does not appear to make a major difference to Australia’s productivity gap with the US, suggesting that the gap arises mainly from differences in productivity levels within industries. Using new data from the EU Klems project, this paper finds that Australia’s productivity level relative to the US differs markedly across industries.

Keywords: industry; productivity (search for similar items in EconPapers)
JEL-codes: D24 G31 L11 (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (1)

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