Labour Productivity in Australian Manufacturing: The Impact of Import Competition and Market Structure
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Authors
Bloch, Harry
Bhattacharya, M.
McDonald, J.
Date
2005Type
Book Chapter
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Bloch, Harry and Bhattacharya, Mita and McDonald, James. 2005. Labour Productivity in Australian Manufacturing: The Impact of Import Competition and Market Structure, in Ghosh, Ranjan and Neogi, Chiranjib (ed), Theory and application of productivity and efficiency: Econometric and DEA approach, pp 267-276. New Delhi, India: Macmillan India.
Source Title
Theory and application of productivity and efficiency: Econometric and DEA approach
Faculty
Curtin Business School
School of Economics and Finance
Collection
Abstract
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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