5260.0.55.001 - Information paper: Experimental Estimates of Industry Multifactor Productivity, 2007

ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 07/09/2007 First Issue

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Contents >> Agriculture, forestry and fishing >> Summary

SUMMARY

MFP estimates for the Agriculture, forestry & fishing industry are heavily influenced by weather patterns. Despite this volatility, average annual MFP growth for the industry has been higher than the market sector as whole. Following 2002-03 there appears to be a structural change in the input mix where total hours worked declined more rapidly while capital services grew.