Advanced Search
MyIDEAS: Login to save this paper or follow this series

Multifactor Productivity Growth Cycles at the Industry Level

Contents:

Author Info

  • P, Barnes

    (Productivity Commission)

Registered author(s):

    Abstract

    This staff working paper (by Paula Barnes) examines multifactor productivity growth cycles at the industry level in Australia. There is considerable variation in industry-specific cycles across industries and the market sector. Moreover, the cycles chosen to examine industry MFP growth can have a considerable effect on the interpretation of industry productivity performance over time. Growth in productivity is a key determinant of long-term economic growth and hence income growth. As Australia’s prospective productivity performance will affect its future prosperity, recent significant declines in productivity growth understandably have been of concern. Closer analysis of industry productivity is key to understanding aggregate productivity performance and to providing policy-relevant insights into how to influence it. The industry-specific cycles presented in this paper, and the methodology for identifying them, are tools that can assist in understanding industry productivity performance. This initial set of cycles, while not intended to be definitive, provides the basis for more refined examinations of productivity in individual industries. The methodology outlined provides a generic approach to the identification of industry cycles, but the results also flag the scope for further refinement of the cycles where more detailed industry-specific information is available. The views expressed in this paper are those of the staff involved and do not necessarily reflect those of the Productivity Commission.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.pc.gov.au/research/staff-working/industry-multifactor-productivity
    File Function: Publication webpage
    Download Restriction: no

    Bibliographic Info

    Paper provided by Productivity Commission, Government of Australia in its series Staff Working Papers with number 112.

    as in new window
    Length: 119 pages
    Date of creation: Jul 2011
    Date of revision:
    Handle: RePEc:ris:prodsw:2011_002

    Contact details of provider:
    Postal: Level 28, 35 Collins St, Melbourne Victoria 3000
    Phone: 61 3 9653 2100
    Fax: 61 3 9653 2199
    Email:
    Web page: http://www.pc.gov.au/
    More information through EDIRC

    Related research

    Keywords: productivity; long-term economic growth; industry level; multifactor productivity; income growth; productivity performance; industry-cycles; MFP;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ris:prodsw:2011_002. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (MAPS).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.