Productivity enhancement is at the forefront of the current programmes of microeconomic reform and award restructuring. However, the combination of the effects of the Accord, high real interest rates and restrictive demand management policies are constraining labour productivity growth. Technical progress in the Accord period has been largely capital augmenting, a reversal of earlier trends. The implication is that productivity growth is likely to be low in the future despite the emphasis of current supply side policy measures.
PAGES
356 – 359
DOI
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Issues
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Agnes Horvath, Magic and the Will to Science: A Political Anthropology of Liminal Technicality
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Gibson Burrell, Ronald Hartz, David Harvie, Geoff Lightfoot, Simon Lilley and Friends, Shaping for Mediocrity: The Cancellation of Critical Thinking at our Universities
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Bas de Boer, How Scientific Instruments Speak: Postphenomenology and Technological Mediations in Neuroscientific Practice
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Bjørn Lomborg, False Alarm
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How does innovation arise in the bicycle sector? The users’ role and their betrayal in the case of the ‘gravel bike’