Technological change in Australian manufacturing

In the modern era, the extent and character of technical change features prominently in discussions of productivity growth and movements in the competitiveness of manufacturing. While technical change is pervasive in modern manufacturing, it occurs unevenly. In this study, technical change is esti...

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Bibliographic Details
Main Author: Bloch, Harry
Other Authors: Dr Paul Blacklow
Format: Conference Paper
Published: The Economic Society of Australia 2007
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/44344
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author Bloch, Harry
author2 Dr Paul Blacklow
author_facet Dr Paul Blacklow
Bloch, Harry
author_sort Bloch, Harry
building Curtin Institutional Repository
collection Online Access
description In the modern era, the extent and character of technical change features prominently in discussions of productivity growth and movements in the competitiveness of manufacturing. While technical change is pervasive in modern manufacturing, it occurs unevenly. In this study, technical change is estimated by fitting dual cost functions for each of 38 sectors of Australian manufacturing over the 32-year period, 1968/69 to 1999/2000. The estimates show that technical change is heavily labour saving in all industries, but that the rate of change and the degree of bias towards saving labour, rather than capital or material, varies substantially across industries.
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institution Curtin University Malaysia
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publishDate 2007
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spelling curtin-20.500.11937-443442017-01-30T15:13:34Z Technological change in Australian manufacturing Bloch, Harry Dr Paul Blacklow manufacturing cost functions technical change In the modern era, the extent and character of technical change features prominently in discussions of productivity growth and movements in the competitiveness of manufacturing. While technical change is pervasive in modern manufacturing, it occurs unevenly. In this study, technical change is estimated by fitting dual cost functions for each of 38 sectors of Australian manufacturing over the 32-year period, 1968/69 to 1999/2000. The estimates show that technical change is heavily labour saving in all industries, but that the rate of change and the degree of bias towards saving labour, rather than capital or material, varies substantially across industries. 2007 Conference Paper http://hdl.handle.net/20.500.11937/44344 The Economic Society of Australia restricted
spellingShingle manufacturing
cost functions
technical change
Bloch, Harry
Technological change in Australian manufacturing
title Technological change in Australian manufacturing
title_full Technological change in Australian manufacturing
title_fullStr Technological change in Australian manufacturing
title_full_unstemmed Technological change in Australian manufacturing
title_short Technological change in Australian manufacturing
title_sort technological change in australian manufacturing
topic manufacturing
cost functions
technical change
url http://hdl.handle.net/20.500.11937/44344