Coherent Identifier About this item: 20.500.12592/gbk9m8

A Comparison of Productivity Developments in Canada and Australia

2016

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Summary

The objective of this report is to examine the impact of public policy on Australia’s productivity performance and to discuss possible lessons for Canada from this experience. To do this, the report conducts a comprehensive analysis of the productivity performance of both countries, with particular interest in determining which underlying factors can explain Australia’s superior productivity growth in recent years. In addition, the report discusses the literature on the effects of public policy on Australian productivity performance since the 1990s.

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economics economy recession gross domestic product productivity growth science and technology labour market canada australia business economic growth employment human capital investments labour minimum wage productivity economic indicator trade union minimum wages growth accounting unemployment rates unionization economy, business and finance productiv

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