Slowing Productivity Growth - A developed economy
AbstractDeveloped 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.
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Bibliographic InfoArticle provided by Treasury, Australian Government in its journal Economic Roundup.
Volume (Year): (2013)
Issue (Month): 2 (December)
Innovation; technological change; reform; economic growth; information and communications technology; ICT;
Find related papers by JEL classification:
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- F01 - International Economics - - General - - - Global Outlook
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
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