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    Technological change in Australian manufacturing

    116616_1847_CRAE_WP_2007-01_Bloch_tech_change_20May3.pdf (176.4Kb)
    Access Status
    Open access
    Authors
    Bloch, Harry
    Date
    2007
    Type
    Working Paper
    
    Metadata
    Show full item record
    Citation
    Bloch, Harry. 2007. Technological change in Australian manufacturing, Centre for Research in Applied Economics Working Paper Series, Curtin University of Technology, School of Economics and Finance.
    Faculty
    Curtin Business School
    School of Economics and Finance
    URI
    http://hdl.handle.net/20.500.11937/8244
    Collection
    • Curtin Research Publications
    Abstract

    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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