This study examines sources of Australian labor productivity change from 1950 to 1994. Time-series data are used to estimate a model capturing the interaction between labor productivity, fixed capital, human capital, telecommunications, trade openness, and international competitiveness. Attention is given to the time-series properties of these data. Augmented Dickey Fuller tests for unit roots are employed, and the sensitivity of the tests to nonlinear transformations and structural breaks are considered. Estimates suggest that policies that promote investment, economic integration, and international competitiveness will improve short-run labor productivity. In the long run, fixed capital accumulation is the dominant source of productivity improvement. Copyright 1998 by The Economic Society of Australia.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Publisher Info
Article provided by The Economic Society of Australia in its journal The Economic Record.
Volume (Year): 74 (1998) Issue (Month): 227 (December) Pages: 362-72 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Related research
Keywords:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)