How to order
IMF Publications

Working Papers in full text
2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All


Other research-related activities and publications of the IMF can be found at IMF Research

Free Email Notification

Receive emails when we post new items of interest to you.

Subscribe or Modify your profile



Does Technological Diffusion Explain Australia's Productivity Performance?

Author/Editor: Tressel, Thierry
Authorized for Distribution: January 1, 2008
Electronic Access: Free Full Text (PDF file size is 399KB)
Use the free Adobe Acrobat Reader to view this PDF file.
 
Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.

Summary: 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.
 
Series: Working Paper No. 08/4
Subject(s): Productivity | Australia | Labor markets
Author's keyword(s): Australia | productivity | technology diffusion | labor market | product market
 
English  
    Published:   January 1, 2008        
            Format:   Paper
    Stock No:   WPIEA2008004   Pages:   42
    Price:   US$18.00
       
     
Please address any questions about this title to publications@imf.org.