Technological change in Australian manufacturing
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2007Type
Conference Paper
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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.
Citation
Bloch, Harry. 2007. Technological change in Australian manufacturing, in Dr Paul Blacklow (ed), 37th Australian Conference of Economists, Sep 24 2007. Hotel Grand Chancellor, Hobart, Tasmania: The Economic Society of Australia
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Conference Proceedings of the 36th Australian Conference of Economists
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Curtin Business School
School of Economics and Finance
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