Skill and Australia’s Productivity Surge

The contribution of skill to Australia’s productivity surge in the 1990s was overshadowed by the contributions of other factors. Whilst skills are important for long term productivity growth, growth in skill contributed only slightly to the growth in productivity between 1993-94 and 1997-98.

This is the main finding of a staff research paper, Skill and Australia’s Productivity Surge, which examines the changing demand for skills and the effect of increased skill on productivity growth.