Long Description of "Figure 1: How the Ministry Aims to Enhance Productivity Growth"
Income Growth
Productivity Growth
Government Influences
Immediate Causes of Productivity Growth
- Improved labour use and skills
- Accumulation and use of capital
- Plant/firm turnover within industries
- Technological advances
- More effective business practices
Underlying Factors
- An open, competitive economy
- Dynamic markets
- International linkages
- Confident consumers
- Informed investors
- Infrastructure
Fundamental Influences
- Social cohesion
- Culture
- Institutions
Return to Figure 1
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