Research Discussion Paper – RDP 8704 The Role and Consequences of Investment in Recent Australian Economic Growth



Paper originally prepared for conference on “Recent Australian Economic Growth”, held at ANU on 24–26 November 1986. We wish to thank other contributors to the conference and members of Research Department at the Reserve Bank for helpful comments. In particular, we are grateful to Rob Trevor for assistance with econometric issues and Ian Russell and Michele Droop for assistance with computing issues. We also wish to thank Phil Graham, Wendy Vanke, Michelle Kelly and Jan Favorito for invaluable assistance with production. The views expresssed in this paper are our own and are not necessarily shared by our colleagues at the Reserve Bank. [*]