Distribution of the Economic Gains of the 1990s
Abstract„h Australia¡¦s surge in productivity growth in the 1990s fuelled an acceleration in growth in total income and average income (income per person in Australia). ¡V Annual average income growth accelerated from 1.4 per cent in the 1970s and 1980s to 2.5 per cent in the 1990s. ¡V Faster productivity growth accounted for over 90 per cent of the acceleration. „h The income growth of the 1990s was distributed evenly between labour (wages and salaries) and capital (profits). The labour and capital shares in economywide income were stable throughout the 1990s. Concerns that productivity-enhancing factors have adversely affected the income-earning potential of labour appear to be unfounded at the aggregate level.
Download InfoIf 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.
Bibliographic InfoPaper provided by EconWPA in its series Development and Comp Systems with number 0105002.
Date of creation: 21 May 2001
Date of revision:
Note: Type of Document - PDF; prepared on IBM PC; to print on HP;
Contact details of provider:
Web page: http://126.96.36.199
economic gains - distribution - living standards - income - productivity - employment - wealth - consumption - education - health - housing - environment - working hours;
Find related papers by JEL classification:
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).
If references are entirely missing, you can add them using this form.