SUMMARY
The fall in Transport & storage productivity growth since 2002-03 is linked to a big increase in investment and employment as output growth remained relatively constant. These changes have come from the significant increase in employment in the storage subdivision and increases in capital formation, mainly in the form of commercial aircraft and motor vehicles. Also, the compositional change occurring within the industry is affecting productivity levels and in turn productivity growth. More research is also required to analyse the relationship between Transport & storage and the Wholesale trade industry, and how this might be affecting productivity growth.
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