Labour Productivity in Australian Manufacturing: The Impact of Import Competition and Market Structure
Through altering competitive conditions, globalization can have a significant impact on productivity of the domestic economy. We estimate the impact of import competition and domestic market structure on labour productivity growth in Australian manufacturing using a panel data analysis covering a pe...
| Main Authors: | , , |
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| Format: | Book Chapter |
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Macmillan India
2005
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| Online Access: | http://hdl.handle.net/20.500.11937/40337 |
| Summary: | Through altering competitive conditions, globalization can have a significant impact on productivity of the domestic economy. We estimate the impact of import competition and domestic market structure on labour productivity growth in Australian manufacturing using a panel data analysis covering a period of nearly three decades. The results show strong evidence that import competition increases labour productivity growth, particularly in industries where domestic production is highly concentrated. |
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