| Popis: |
This paper attempts a tentative analysis of the structural changes which have occurred in the Queensland economy over the last two decades. An extended form of linkage analysis is used to provide a picture of the changing economic landscape. The data used is a series of input-output tables constructed for the period 1973-4 to 1992-3. The Queensland economy has followed a rapid development path, and continues to grow strongly, yet the evidence suggests that rather than increasing internal complexity, a hollowing out process has begun. The contributing factors appear to be the rapid transition from mainly primary activities to tertiary with the fabricative manufacturing stage largely being overpassed, together with significant - improvements in labour productivity, resulting in a greater level of outsourcing of inputs into the productive system than would otherwise be the case with a well developed manufacturing base. Increased globalisation will speed up the hollowing out process which has significant policy implications for Queensland. |
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