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Why Have the Returns to Microeconomic Reform been so Disappointing?

  • John Quiggin
Chapter
Part of the Studies in Productivity and Efficiency book series (SIPE, volume 1)

Abstract

For at least a decade, microeconomic reform has been the dominant concern in economic policy in Australia (and also in New Zealand). Although policies of microeconomic reform have affected all sectors of the economy, policies aimed at improving the efficiency of the public sector have been particularly important. The view that an inefficient, oversized and excessively interventionist public sector represents a crucial obstacle to economic growth has been a central element of the case for microeconomic reform. Numerous official and unofficial studies have suggested that substantial improvements in living standards could be achieved through microeconomic reform and particularly through reform of the public sector.

Keywords

Public Sector Data Envelopment Analysis Productivity Growth Refuse Collection Total Factor Productivity Growth 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 2002

Authors and Affiliations

  • John Quiggin
    • 1
  1. 1.Australian Research Council Senior Fellow, School of EconomicsAustralian National UniversityAustralia

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