Output and Productivity Comparisons of the Transport and Communication Sectors of South Korea and Australia, 1990 to 1998

Abstract

This paper examines the output and productivity performance of the Transport and Communication sector in South Korea and Australia, from 1990 to 1998. The aim of the paper is two-fold. First, the paper is the first in a series which compares the performance of various industries within the service sector. Second, it introduces a method for derivation of appropriate currency converters or purchasing power parities (PPPs) to enable quantification of output and productivity at various disaggregated levels. This method is based on the industry-of-origin approach as refined by the International Comparisons of Output and Productivity (ICOP) project based at the University of Groningen.