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Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.13/935643

Title
Wage and productivity relationships in Australia and the Netherlands
Author/Creator
Mitchell, William;  Muysken, Joan;  Watts, Martin J.
Description
In this paper, we examine the relationship between real hourly earnings and labour productivity by industry (measured as gross value added per hour) for Australia and the Netherlands. The policies promoting wage moderation in both countries in the 1980s and after were based on the belief that real wage movements had to be aligned to enterprise-level productivity growth for employment growth to be strong enough to solve the persistently high unemployment. The results suggests that productivity movements are only partially being passed on in the form of lower prices and/or higher nominal wage outcomes, so that businesses are using the productivity gains to expand their margins. We examine in detail the extent to which real hourly earnings are reflected in labour productivity growth and if the introduction of the Workplace Relations Act (1996) affected this relationship in Australia. Netherlands is used as a control having avoided any substantial changes in its wage determination system over the period examined.
Relation
Celebrating Excellence: 16th Conference of the Association of Industrial Relations Academics of Australia and New Zealand (AIRAANZ). Proceedings of the 16th Conference of the Association of Industrial Relations Academics of Australia and New Zealand (AIRAANZ), Volume 1 (Queenstown, New Zealand 6-8 February, 2002)
Relation
http://www.airaanz.org/2002-conference-main.html
Date
2002
Publisher
Association of Industrial Relations Academics of Australia and New Zealand (AIRAANZ)
Keyword(s)
labour productivity;  wage moderation;  Australia;  Netherlands
Resource Type
conference paper
Identifier
http://hdl.handle.net/1959.13/935643
Identifier
ISBN:1877139467
Language
eng
Reviewed
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"Wage and productivity relationships in Australia and the Netherlands"
 
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