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The Victorian Economy in the 1989/90-1992/93 recession

Mahmood, Muhammad and Dixon, Robert (2008) The Victorian Economy in the 1989/90-1992/93 recession. Australasian Journal of Regional Studies, 14 (2). pp. 155-166. ISSN 1324-0935

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Abstract

The last major contraction experienced by the Australian economy took place over the period 1989/90 - 1992/93. In that recession aggregate employment fell by 7.5 percent in Victoria but only by 2.9 percent in New South Wales. This paper aims to do two things. First, to explain why there was such a large difference in the employment experience of the two states during the recession. Second, to demonstrate that more than one shift-share decomposition may be used in an attempt to isolate the contribution of industry-mix c.f. differential growth to the difference in the reduction in employment between the two states.

Item Type: Article
Uncontrolled Keywords: ResPubID15231, Australian economy, recession, aggregate employment, labour market, regional economics, labour market - mathematical models
Subjects: Faculty/School/Research Centre/Department > School of Economics and Finance
FOR Classification > 1402 Applied Economics
SEO Classification > 9101 Macroeconomics
Faculty/School/Research Centre/Department > Faculty of Business and Law
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Depositing User: VUIR
Date Deposited: 21 Sep 2011 05:51
Last Modified: 21 Sep 2011 05:51
URI: http://vuir.vu.edu.au/id/eprint/4753
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