Australia's Productivity: Past, Present and Future

11 Pages Posted: 29 Nov 2013

See all articles by Dean Parham

Dean Parham

Government of the Commonwealth of Australia - Productivity Commission

Date Written: December 2013

Abstract

A terms‐of‐trade shock boosted growth in income and living standards over the past decade. It also brought on Australia's productivity growth slump. Now that the terms of trade have peaked, re‐invigorated productivity growth is needed to boost income and living standards. However, the economy is still going through the adjustments that have stifled productivity growth. Australians may not enjoy the same growth in prosperity as they have over the past two decades.

Suggested Citation

Parham, Dean, Australia's Productivity: Past, Present and Future (December 2013). Australian Economic Review, Vol. 46, Issue 4, pp. 462-472, 2013, Available at SSRN: https://ssrn.com/abstract=2361219 or http://dx.doi.org/10.1111/1467-8462.12044

Dean Parham (Contact Author)

Government of the Commonwealth of Australia - Productivity Commission ( email )

Level 28, 35 Collins St.
Melbourne, Victoria, 3000
Australia

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