Can Australia Match US Productivity Performance?
Staff Working Paper
Can Australia Match US Productivity Performance? by Ben Dolman, Dean Parham and Simon Zheng was released on 8 March 2007. This paper examines Australia's future productivity growth prospects and, specifically, whether it is feasible for Australia to match the performance benchmarks set by other countries now and in the foreseeable future. Also see:
CONTENTS
Preliminaries
Contents, Preface, Abbreviations, Key points
1 Introduction and summary
1.1 Background
1.2 What the paper does and says
2 The international productivity frontier
2.1 Productivity and technological leadership over the 20th century
2.2 Frontier shifts: focus on the United States
2.3 Future frontier shifts: the outlook for US productivity growth
2.4 Summary and implications
3 Catch-up and convergence
3.1 Varied evidence of catch-up
3.2 Catch-up and convergence within industries
3.3 Summary and implications
4 Australia's historical performance
4.1 Australia's productivity performance in a convergence perspective
4.2 Industry contributions
4.3 Summary and implications
5 Geographical constraints
5.1 Remoteness and sparseness
5.2 Mapping to industry gaps
5.3 Possible effects on future performance
5.4 Summary and implications
6 Education
6.1 Differences in education and skill
6.2 Mapping to industries
6.3 Future relevance and effects
6.4 Summary and implications
7 Concluding remarks
7.1 The scope for catch-up
7.2 Broad policy implications
A The industry dimension of US productivity
B Comparisons of industry productivity levels
C Projections of educational attainment
References
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