The Manufacturing Sector: Adapting to Structural Change
ثبت نشده
چکیده
During the past two decades the manufacturing sector in Australia has undergone considerable structural change. As in other advanced countries, manufacturing activity has declined as a share of the total economy. At the same time, there has been strong growth in exports by Australian manufacturers and above-average productivity growth as the sector has become more trade-oriented. This article outlines the development of a more trade-oriented manufacturing sector and highlights some of the wider implications of such change. Relative Performance of the Manufacturing Sector
منابع مشابه
Total Factor Productivity of Manufacturing Sector in India: A Regional Analysis for the State of Haryana
The present study used different categories of organized sector manufacturing industries pooled data for the periods of 1981-82 and 2007-08 in Haryana state (India). The present undertaking seeks to analyze the inter-temporal and inter-industry comparison of total factor productivity (TFP) measured by Malmquist productivity index - an application of DEA which calculates the indices of TFP and i...
متن کاملTechnological Progress , Structural Change and Productivity Growth in Manufacturing Sector of South Korea
This paper focuses on the impact of technology and structural change on the aggregate productivity growth in the manufacturing sector of South Korea, using the eight firm size classes over the period 1970–2000. The conventional shift-share analysis is used to measure the impact of shift of both labour and capital inputs. The results show that structural change on an average was conducive to pro...
متن کاملDid the Manufacturing Sector Contribute to Aggregate Convergence? How About Services and Structural Change?
This paper quantifies the contributions of sectoral productivity growth and structural change to aggregate productivity convergence. Existing evidence is inconclusive because it focuses on convergence within sector and its methodology depends sensitively on the conversion factor used to compare sectoral productivity levels across countries. Thus, a methodology – β-decomposition – is proposed to...
متن کاملJenaer Schriften zur Wirtschaftswissenschaft Productivity Dynamics and Structural Change in the U.S. Manufacturing Sector
The paper investigates structural change among the four-digit (SIC) industries of the U.S. manufacturing sector during 1958-96 within a distribution dynamics framework. Focus is on the transition density of the Markov process that characterizes the value added shares of the industries. This transition density is estimated nonparametrically as well as by maximum likelihood, in which case the fun...
متن کاملSectoral shifts and structural change in the Japanese economy: Evidence and interpretation
This paper documents long-term trends in the sectoral composition of employment and output in the Japanese economy over the last four decades. The share of the manufacturing sector in total employment has declined steadily while the share of service sector employment has trended upward. In real terms, however, the share of the manufacturing sector in the total output has remained stable over th...
متن کامل