The slump: Details

The numbers     Index, 1994-95 to 2014-15, 2003-04=100  The numbers on the chart are compound average annual rates of growth Data source: ABS Cat. No. 5260.0.55.002 Index, 1994-95 to 2014-15, 2003-04=100  The numbers on the chart are compound average annual rates of growth Data source: ABS Cat. No. 5260.0.55.002 Contributions (percentage points) and growth rate (per cent per annum) The contribution of labour productivity growth plus the contribution of capital productivity growth equals the growth in MFP Contributions are the growth in labour (capital) productivity, multiplied by the share of labour (capital) in value added  Source: My calculations  (for method see) Changes in output and input growth Industry contributions Underlying reasons The consequences for living standards