Sentences with phrase «trend labour productivity»

Infrastructure spending can be particularly effective if it raises trend labour productivity, since it can help raise potential growth and ease pressures on the neutral rate.24

Potential output growth can be thought of as the sum of the growth rates of trend labour input and trend labour productivity.

The slowing in 2015 results from a further decline in the growth of trend labour input coupled with no change in the growth rate of trend labour productivity.

Not exact matches

Faster average wage growth in Australia has been accompanied by trend growth in labour productivity which is faster than the average of the countries shown in the table.

Interestingly, public sector labour productivity has risen — a move which runs against long - term trends.