INCOME SHARES
Figure 8.9 shows that there has been significant growth in total factor income since the late 1990s and the early part of this decade. The increase comes predominantly from growth in gross operating surplus (GOS). The increase saw the capital income share rise from under 30 per cent in 1999-00, to almost 36 per cent in 2005-06 (figure 8.10). This means that the faster growth that occurred in capital inputs over this period also received a greater share when estimating total inputs for productivity measurement, and as such, MFP growth slows.
8.9 Wholesale labour and capital income
8.10 Wholesale labour and capital income shares
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