The drivers of Australia's productivity surge
Chairman's speech
On 7 March 2002, the Chairman Gary Banks presented a paper to ABARE's Outlook 2002 Conference in Canberra.
Download the speech
- Contents
Key Points
Introduction
Measuring productivity
Trends in Australia’s productivity
Industry contributors to the productivity surge
ICTs and the new service industry contributors
The microeconomic reform catalyst
Advances in technology are not the only source of productivity growth
The importance of technology uptake
The need for flexibility and adaptation to get the most out of new technology
The gains from reform and productivity growth
The productivity outlook
Appendix A Multifactor productivity by industry sector, 1974-75 to 2000-01
References