CEDA 40th Anniversary AGM Dinner

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CEDA 40th Anniversary AGM Dinner

• Dr Ken Henry
• 19 November 2001

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1. Industry sector shares
Source ABS 5206.0
3
2. Decade average GDP growthand volatility
4
3. Decade average inflation rate
Source ABS 6401.0
5
4. Unemployment rate
SourceABS 6202.0
6
5. Decade average GDPper capita growth
Source 5204.0
7
6. Decade average GDP per capita growth
Australia vs OECD
8
7. Trade Intensity (1960-01 to 2000-01)
9
8. Trade Intensity (1900-01 to 2000-01)
10
9. Effective rate of tariff assistance
Includes tariff equivalent of quotas
11
10. Structural Reform Timeline
1970
1980
1990
Traded Goods
Finance and Taxation
Transport
Communications
Utilities
National Competition Policy
12
11. Current account balance
Source ABS 5302.0
13
12. Decade averageproductivity growth
14
13. Decomposition of GDP per capita growth
Multi-factor productivity
Labour productivity
Capital deepening
Average hours worked
GDP per capita
Unemployment rate
Labour employed as proportion of population
Participation rate
Population of working age
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14a. Components of GDP per capita growth -
working age population
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14b. Components of GDP per capita growth -
participation rate
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14c. Components of GDP per capita growth -
unemployment rates
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14d. Components of GDP per capita growth -
average hours worked
Employment effect
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15. Average weekly hours worked
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14d. Components of GDP per capita growth -
average hours worked
Employment effect
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14e. Components of GDP per capita growth -
capital deepening
Employment effect
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14f. Components of GDP per capita growth -
multi-factor productivity
Labour productivity (hours)
Employment effect
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CEDA 40th Anniversary AGM Dinner

• Dr Ken Henry
• 19 November 2001