Real wages in Australia and Canada, 1870-1913: globalization versus productivity
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Real wages in Australia and Canada, 1870-1913 : globalization versus productivity. / Greasley, David; Madsen, Jakob Brøchner; Oxley, Les.
I: Australian Economic History Review, Bind 40, Nr. 2, 2000, s. 178-198.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
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TY - JOUR
T1 - Real wages in Australia and Canada, 1870-1913
T2 - globalization versus productivity
AU - Greasley, David
AU - Madsen, Jakob Brøchner
AU - Oxley, Les
N1 - JEL Classification: J
PY - 2000
Y1 - 2000
N2 - Australia's and Canada's real wage experiences between 1870 and 1913 were distinctive. Faster productivity growth underpinned Canada's overtaking of Australia's wage levels. The globalization forces of migration and trade also shaped their comparative wages, principally by reducing wage growth in Canada. Immigration increased slightly Australia's real wages, but reduced wage levels in Canada, and tempered there the beneficial effects of rising productivity and improving terms of trade. In contrast, wage earners' share of national income rose after 1890 in Australia, with the productivity slowdown hitting chiefly rents and profits. Distributional shifts favouring wage earners in Australia, and the depressing effects of mass immigration on wages in Canada, limited Canada's wage lead before 1914, despite her faster productivity growth
AB - Australia's and Canada's real wage experiences between 1870 and 1913 were distinctive. Faster productivity growth underpinned Canada's overtaking of Australia's wage levels. The globalization forces of migration and trade also shaped their comparative wages, principally by reducing wage growth in Canada. Immigration increased slightly Australia's real wages, but reduced wage levels in Canada, and tempered there the beneficial effects of rising productivity and improving terms of trade. In contrast, wage earners' share of national income rose after 1890 in Australia, with the productivity slowdown hitting chiefly rents and profits. Distributional shifts favouring wage earners in Australia, and the depressing effects of mass immigration on wages in Canada, limited Canada's wage lead before 1914, despite her faster productivity growth
U2 - 10.1111/1467-8446.00064
DO - 10.1111/1467-8446.00064
M3 - Journal article
VL - 40
SP - 178
EP - 198
JO - Australian Economic History Review
JF - Australian Economic History Review
SN - 0004-8992
IS - 2
ER -
ID: 148543