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The Victorian Economy in the1989/90 – 1992/93 Recession

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  • Robert Dixon
  • Muhammad Mahmood

Abstract

The last major contraction experienced by the Australian economy took place over the period 1989/90 - 1992/93. In that period aggregate employment fell by 7.5% in Victoria but only by 2.9% in New South Wales. This paper aims to do two things. First, to explain why there is such a large difference in the employment experience of the two states in the recession. Second, to demonstrate the use of various shift-share decompositions in an attempt to isolate the contribution of industry-mix c.f. differential growth to the difference in the reduction in employment between the two states

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Bibliographic Info

Paper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 1018.

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Length: 19 pages
Date of creation: 2007
Date of revision:
Handle: RePEc:mlb:wpaper:1018

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Postal: Department of Economics, The University of Melbourne, 5th Floor, Economics and Commerce Building, Victoria, 3010, Australia
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Web page: http://www.economics.unimelb.edu.au
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