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Does technological diffusion explain Australia's productivity performance? /
This paper analyzes the impact of product and labor market policies on technological diffusion and multi-factor productivity (MFP) in a panel of industries in 15 OECD countries over the period 1980 to 2003, with a special focus on Australia. We use a simple convergence empirical framework to show th...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund, Research Dept.,
2008.
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| Colección: | IMF working paper ;
WP/08/4. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | This paper analyzes the impact of product and labor market policies on technological diffusion and multi-factor productivity (MFP) in a panel of industries in 15 OECD countries over the period 1980 to 2003, with a special focus on Australia. We use a simple convergence empirical framework to show that, on average, convergence of MFP within industries across countries has slowed-down in the 1990s. In contrast, Australian industries have significantly caught-up with industry productivity best practices over the past 16 years, and have benefited from the diffusion of Information and Communication Technologies (ICTs). We show that reforms of both the labor and product markets since the early 1990s can explain Australia's productivity performance and adoption of ICTs. |
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| Notas: | "January 2008." |
| Descripción Física: | 1 online resource (42 pages) : illustrations |
| Bibliografía: | Includes bibliographical references (pages 24-27). |
| ISBN: | 1451913192 9781451913194 1462309399 9781462309399 1452712778 9781452712772 1283513013 9781283513012 9786613825469 6613825468 |
| ISSN: | 2227-8885 ; |