A tale of two cities: Cyclical movements in price and productivity in mining and manufacturing

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A tale of two cities: Cyclical movements in price and productivity in mining and manufacturing

Data from the mining and manufacturing sectors of the Australian and Canadian economies are used to illustrate the divergent cyclical behaviour of prices and productivity. Productivity in manufacturing is observed to move in the same direction as demand shocks. The opposite is found in mining. Why?T...

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Bibliographic Details
Main Author:	Bloch, Harry
Format:	Working Paper
Published:	Centre for Research in Applied Economics, Curtin Business School 2008
Online Access:	http://hdl.handle.net/20.500.11937/2779

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