Front Matter

Front Matter Page

© 2000 International Monetary Fund

March 2000

IMF Staff Country Report No. 00/24

Australia: Selected Issues and Statistical Appendix

This Selected Issues and Statistical Appendix report on Australia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Australia or the Executive Board of the IMF.

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Front Matter Page

INTERNATIONAL MONETARY FUND

AUSTRALIA

Selected Issues and Statistical Appendix

Prepared by R. Brooks, P. Gruenwald, J. Lee (all APD), and R. Salgado (RES)

Approved by Asia and Pacific Department

December 23, 1999

Contents

  • I. Productivity Growth and Structural Reform

    • A. Introduction

    • B. Productivity Growth in the Market Sector: Cyclical and Trend Factors

    • C. Productivity Growth and Structural Reforms: A Cross-Country Analysis.

    • D. Conclusion

  • Tables

  • I.1. Output, Inputs, and Productivity During Productivity Cycles

  • I.2. Growth Correlations

  • I.3. Output, Inputs, and Productivity During Business Cycles

  • I.4. Selected Industrial Countries: Business Sector Labor Productivity Growth

  • I.5. Selected Industrial Countries: Business Sector TFP Growth

  • I.6. Selected Industrial Countries: Business Sector Capital Productivity Growth

  • I.7. Selected Industrial Countries: Average Tariff Rates

  • I.8. Selected Industrial Countries: Price-Average Cost Markup

  • I.9. Selected Industrial Countries: Unemployment Benefit Replacement Rate

  • I.10. Industrial Countries: Impact of Structural Reforms on TFP Growth

  • I.11. Industrial Countries: Impact of Structural Reforms on TFP Growth (Excluding Labor Variable)

  • I.12. Industrial Countries: Impact of Structural Reforms on TFP Growth (With Structural Change Variable)

  • I.13. Industrial Countries: Impact of Structural Reforms on Labor Productivity Growth

  • I.14. Industrial Countries: Impact of Structural Reforms on Capital Productivity Growth

  • Figures

  • I.1. Output, Inputs, and Productivity Growth

  • I.2. Market Sector Productivity Growth During Business Cycles

  • I.3. Market Sector Trends

  • I.4. Structural Indicators

  • Appendices

  • I.1. Data Appendix

Contents

  • II. Household Saving

    • A. Introduction

    • B. National, Private, and Public Saving: Recent Trends

    • C. Determinants of Household Saving

    • D. Econometric Evidence

    • E. Outlook

    • F. Conclusion

  • Tables

  • II.1. Coefficient Estimates for Cointegrating Relations

  • Figures

  • II.1. Saving and its Determinants

  • II.2. Actual and Fitted Values of Household Saving

  • Appendices

  • II.1. Data Appendix

  • Statistical Tables

  • 1. Selected National Accounts Aggregates at 1997/98 Prices, 1994-99

  • 2. Sectoral Components of Gross Domestic Product at 1997/98 Prices, 1994-99

  • 3. Household Income, Expenditure and Savings, 1994-99

  • 4. Saving and Investment Balances, 1994-99

  • 5. Selected Price Indices, 1994-99

  • 6. Labor Market, 1994-99

  • 7. Employees’ Compensation and Unit Labor Costs in the Nonfarm Sector, 1994-99

  • 8. Selected Fiscal Indicators, 1993/94-1998/99

  • 9. Commonwealth Government Budget, 1993/94-1998/99

  • 10. Commonwealth Budget Revenue, 1993/94-1998/99

  • 11. Commonwealth Budget Expenditures, 1993/94-1998/99

  • 12. Commonwealth Budget Expenditures by Function, 1993/94-1998/99

  • 13. State General Government Finances, 1993/94-1998/99

  • 14. Public Trading Enterprises Operations, 1993/94-1998/99

  • 15. Selected Interest Rates, 1994-99

  • 16. Credit Aggregates, 1998-99

  • 17. Money Supply, 1998-99

  • 18. Banking Soundness Statistics, 1994-99

  • 19. Balance of Payments Summary, 1994-99

  • 20. Current Account, 1994-99

  • 21. Exports and Imports, 1994-99

  • 22. Exports by Commodity Group, 1994-99

  • 23. Direction of Trade, 1994-99

  • 24. Gross and Net External Interest Receipts and Payments, 1994-99

  • 25. Capital and Financial Account, 1994-99

  • 26. External Assets and Liabilities, 1994-99

  • 27. Gross Official Reserve Assets, 1994-99

  • 28. Period Average Exchange Rates, 1994-99

  • 29. Residual Maturity Currency Decomposition of Foreign Debt, 1996-99

Australia: Selected Issues and Statistical Appendix
Author: International Monetary Fund